Office of Enterprise Risk Management

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Building Valuations

We are currently in the process of inspecting the building at UNCG and reassessing their replacement cost values for insurance reporting purposes.  True “replacement cost” takes into consideration the expectation of a total loss to the building and includes the cost of the demolition, removal of debris, and building a brand new replacement building, built to current specification and standards, from the ground up.  This process has never been done here at the University to the best of our knowledge and is a very important process in order to assure that our buildings are sufficiently insured.