What You Want to Know About BOMA 360

  • It’s the toughest market cycle in years – the BOMA 360 Performance Program can help differentiate your building and your services. Prove to your owners, tenants and prospective tenants that their building is managed to the highest standards of excellence.
  • Owners need to justify their asset value. BOMA 360 creates the critical value proposition that shows that your building is a premier marketplace asset.
  • It’s one thing to enhance management and operations; it’s another thing to ensure that you stay at the top of your game. BOMA 360 is a great way to track and evaluate your management practices.
  • BOMA 360 takes a holistic approach to evaluating and benchmarking building operations.
  • Nothing beats great marketing. Buildings that achieve the BOMA 360 designation will receive a plaque to display on their building, be recognized in a directory of BOMA 360 Performance Buildings on the BOMA International Web site and through press releases and other announcements, and may use the BOMA 360 Performance Program logo on their letterhead, business cards, marketing and other collateral materials. We have the marketing and PR collateral ready to help you get the word out. management. Every aspect of building performance is assessed and scores are based on how buildings measure up to an extensive checklist of best practices.
  • BOMA 360 is also a great tool for brokers and leasing agents to market the buildings.
  • BOMA 360 is a “value-add” tool BOMA is providing at a time when other associations are cutting back or are in standby mode. BOMA continues to demonstrate its leadership in the marketplace by providing the essential tools for it members. BOMA 360 is one tool in the BOMA arsenal (Online EER, 7-Point Challenge, Webinars and Education on recession survival and energy efficiency) that is addressing immediate marketplace demands.

BOMA 360 Renewal Changes to 3 Years

There have been a number of exciting changes recently to the BOMA 360 Performance Program. At its meeting in February, the BOMA 360 Council voted to change the renewal requirement for the program from annually to every 3 years, effective immediately. That means that once a building is designated as a BOMA 360 building, that designation is good for 3 years as long as the building continues to meet the program pre-requisites, which include benchmarking annually through ENERGY STAR® Portfolio Manager and participating annually in the EER® survey. Designees will be asked to sign a ?statement of verification? each year.

New Fees Effective July 1, 2010.

BOMA 360 application fees will go up beginning July 1, 2010 to reflect the new 3-year renewal change; however, even with this increase, the new fee schedule (fee paid once every 3 years) represents a significant savings off the previous annual fee schedule. Current fees will continue to remain in effect until July 1, 2010; however, if an applicant starts an application prior to July 1 but does not submit it (i.e. hit the submit button) until July 1 or later, the higher fee will be charged.
For information on the above changes, www.boma.org/getinvolved/boma360.