Capital Planning
Since its inception in 1996, Capital Planning Solutions Inc. (CPSI) has been dedicated to developing capital planning systems for organizations looking for effective strategies to manage their capital spending in real estate and infrastructure assets portfolios.
CPSI is the world leader in capital planning methodology implementation, process change and planning technology development to real estate and asset owners/managers who focus primarily in the MUSH (municipalities, universities, schools and hospitals) sectors. CPSI's advanced multi-dimensional and long-term approach provides complete life-cycle asset management and regulatory compliance. These features assist customers in more effectively planning, managing and ultimately investing capital which better allows them to optimize the whole life performance of new and existing capital assets through strategic prioritization and alignment with corporate objectives.
On November 1, 2008, Altus Group acquired CPSI to form a new division called Altus Capital Planning Solutions. This combination of vision with technology will create additional value for clients and will enhance Altus’ service offering.
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To add to the breadth of our Capital Planning Services, Altus Group acquired Harfan Technologies Inc. (Harfan).
Founded in Quebec City in 1991, Harfan is a leader in the development and delivery of proprietary infrastructure management software products, currently used by North American municipalities. Harfan's software allows key decision makers to set priorities and track roads, water, sewer and stormwater networks, all in compliance with relevant safety and accounting standards. This software can be used by cities, counties and public utilities to generate financial scenarios and capital improvement plans and to lay out rehabilitation and replacement plans for infrastructure.
With this acquisition, and the recent acquisition of Capital Planning Solutions Inc., Altus will be uniquely equipped to offer clients access to the only proprietary data software able to address both their linear and vertical asset capital planning needs. Investments in infrastructure mean a significant ongoing need to forecast maintenance and improvement plans for these investments in order to extend their asset service life and reduce their operating costs. Altus will be ready to meet these demands.
