A life sciences company occupies a range of different facilities, including offices, lab and biomanufacturing. To prevent disruptions and ensure that your research and production operations are aligned with regulatory requirements, it’s important to ask the right questions about how your facilities are managed.

A qualified FM outsourcing partner will have the answers you’re seeking and will be well-versed in managing a variety of settings and ensuring smooth building operations. They’ll bring deep knowledge of federal and state regulatory compliance issues, including hazardous waste management and safety standards, as well as proven processes and technologies for mitigating compliance risks.

A strategic FM service provider will collaborate with an organization to establish shared goals, ensuring the life sciences company retains control over outcomes. For example, key performance indicators (KPIs) are a standard part of every FM outsourcing agreement. Also, performance guarantees can be structured in a variety of ways, including incentive compensation for achieving stated goals.

Financial KPIs are common, but nonfinancial goals, such as retaining transitioned employees for a specific period, can also be included. If a company is undertaking mergers or acquisitions, KPIs related to streamlining the facilities portfolio following a transaction can be established.