The facility condition index (FCI) is used in facilities management to provide a benchmark to compare the relative condition of a group of facilities. The FCI is primarily used to support asset management initiatives of federal, state, and local government facilities organizations. This would also include universities, housing and transportation authorities, and primary and secondary school systems. Mathematically the FCI is represented as The FCI as a tool was first published in 1991 by the National Association of College and University Business Officers (NACUBO).