Average Cost per Square Feet
Based on FY 09/10 Budget
The average cost per square foot is provided for those Duke University
and Duke University Health System buildings where a budget has been
established. Buildings are grouped by building number as defined
in GAP NO. 200.260, Building Identification
Numbers. The square footage is obtained from Plant
Accounting's space assignment system (STAR). The average cost
per square foot is based on building maintenance & operating
expense and environmental service expense. Two Calculations of average
cost are provided and described below:
Average Cost Per Assigned Square Foot:
This calculation should be used to determine what financial impact
would occur by occupying space in a given building, it should
be utilized by occupants or potential occupants of a building.
Average Cost Per Net Square Foot:
This calculation describes the expense for maintaining the facility
at-large, it should be utilized by senior administration, project
managers, and building managers.
Building Groups
