Property Data Standard for InSite
This standard sets mandatory requirements for managing property and land data in InSite, ensuring accuracy, consistency, and transparency. It supports collaboration and strategic planning through common data governance and validation for organisations subject to SPFM.
12. Section within InSite: Contracts
12.1.1 Location of data field / Data field(s) name: Reference / Portfolio, Contract Name
12.1.2 Location of data field / Data field(s) name: Information / Asset type, Tenure, Acquisition date, Usage, Land usage (where Asset Type is Land Only or Land and, Buildings), Asset Value, Valuation type, Valuation date, Capital Expenditure (if applicable)
12.1.3 Location of data field / Data field(s) name: Size / Floor area, in square metres, Floor area measurement type
12.1.4 Location of data field / Data field(s) name: Status / Security Classification