Capital planning checklist
Planning for capital improvements is an ongoing challenge for schools. Buildings age, priorities compete and budgets are limited, making it hard to decide which projects to take on and when. Having a more structured approach can help. By looking at projects based on cost, timing and overall impact, schools can better prioritize needs, address potential issues earlier and make more effective use of available resources.
Use the checklist below as a starting point to create your own list for reviewing potential improvements, identifying priorities and planning next steps for your facilities.
Cost level | Project | Category | Estimated cost ($) | Priority | Funding source | Timeline |
|---|---|---|---|---|---|---|
| Very low | Lighting upgrades (LED) | Safety/energy | Immediate | |||
| Very low | Deep cleaning and minor repairs | Health | Immediate | |||
| Low | Touchless restroom fixtures | Health | School break | |||
| Low | Exterior lighting | Safety | School break | |||
| Low | Basic Wi-Fi upgrades | Technology | School break | |||
| Moderate | HVAC servicing and filters | Health | Before school year | |||
| Moderate | Partial roof repairs | Infrastructure | Before school year | |||
| Moderate | PA/intercom upgrades | Safety | Before school year | |||
| High | Full security system | Safety | Planned | |||
| High | HVAC replacement | Health | Planned | |||
| Very high | Full building renovation | Infrastructure | Long term | |||
| Very high | New construction | Expansion | Long term |
The Hanover has many resources available to help your school, including:
To learn more, visit Hanover Risk Solutions.