The new guidelines require that assessments be performed at least every three years. The company s services have been used at more than 10,500 properties, giving VFA s project managers the expertise to deliver a streamlined approach to meeting GASB s complex reporting guidelines. 34 beginning in fiscal periods after June 15, 2001. All government entities, including school and library boards, will be required to follow the new standards by June 15, 2004. These standards will also be applied to reports filed by public higher education institutions as stated in GASB Statement No. 35.
Pricing is dependent on each individual project.
VFA understands and addresses these needs by offering a wide range of software and services solutions, from conducting comprehensive facilities condition assessments and prioritizing associated deficiencies, to establishing funding levels, capital project planning and risk assessment. The Company s headquarters are located at 266 Summer Street, Boston, MA 02210-1112. Statement No. 34. Specifically, VFA s Web-based software and methodology enables government entities to report and plan on infrastructure and facility assessments, maintenance and expenses, as will be required by GASB guidelines starting in June 2001. GASB establishes accounting and financial reporting standards that more than 84,000 state and local governments follow when disclosing information to auditors, creditors, elected officials, the public and others.