Facility
The New Rules of Measurement (NRM) are published by the Royal Institute of Chartered Surveyors (RICS). They provide a standard set of measurement rules for estimating, cost planning, procurement and whole-life costing for construction projects.
According to NRM3: Order of cost estimating and cost planning for building maintenance works, the term ‘facility’ means:
‘…the built asset as a whole or part, including the site and building/structure and appropriate block, floors, space, zone, room, systems, assets, components, and sub-components.’
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