Case Study: Waco Independent School District secures bond funding and insurance payout with Siemens Asset Management Software

Waco Independent School District secures $355 million bond with Siemens Asset Management Software

Waco Independent School District faced the challenge of managing aging school facilities with limited data to justify the significant funding needed for new construction and maintenance. To build a case for a bond measure, they needed a robust system to accurately track work orders, maintenance history, and capital needs. They turned to Siemens Asset Management Software, specifically implementing the Asset Essentials platform.

By implementing Siemens' Asset Essentials, Waco ISD gained a powerful tool for managing assets and data. The solution provided the critical data needed to successfully secure a $355 million bond for new schools and, following a fire, to increase an insurance payout by $8 million. Furthermore, the data from Siemens' software justified the creation of a new preventative maintenance team and helped increase the facilities budget from $500,000 to $3 million annually, transforming their operations from reactive to proactive.

Waco Independent School District