About

The Institute funds FMS via two distinct and separate mechanisms - an Operating Budget and a Renewal and Replacement Budget. The non-chargeable services FMS can provide are limited to the level of funding received in any given year in each of these budgets.

• The Operating Budget funds the cost of cleaning, maintaining, operating, and repairing existing Institute physical assets for which FMS is responsible. It also provides certain support services such as planning, design, and construction management services, special event assistance, and shipping and receiving services.
• The Renewal and Replacement Budget (R&R) funds the major renewal or complete replacement of Institute physical assets which have become functionally obsolete or have reached the end of their useful service lives.