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.’
The GIIG Glossary, published by the Government & Industry Interoperability Group in 2022, defines a facility as: ‘A named distinct operational built or geographic asset or collection of assets - typically a building or section of infrastructure - built, installed or established to serve an entity’s needs.’
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