Annual Performance Report 2014
Print- Strategic Theme 2: Data Governance
- Strategic Theme 3: Facilities Infrastructure
- Strategic Theme 4: Maximizing the Value of Human Capital
Strategic Theme 3: Facilities Infrastructure
- Data Center Relocation
- Objective 3.1: Create capacity for increased data demand.
- Objective 3.2: Address critical Data Center subsystem requirements.
- Martin Building Renovation
- Objective 3.3: Create a safe and secure work environment.
- Objective 3.4: Upgrade physical infrastructure.
- Objective 3.5: Reduce utility consumption and expenses.
Establish a modern, safe work environment that emphasizes the need to maintain data quality and integrity and the importance of enhanced collaboration within the organization and with the public.
Data Center Relocation
Objective 3.1: Create capacity for increased data demand.
In this Section:
The projects associated with this objective are related to the installation of the equipment necessary to run the Data Center and the migration of existing data held in the current Data Center. These projects cannot begin until the design and construction of the new facility is completed.
Accomplishments
- Manage design and construction activities associated with the new facility.
- Completed construction and commissioning of the Board's new Data Center.
- Acquire and install equipment necessary to run the relocated Data Center.
- Successfully installed core information technology infrastructure systems in the new Data Center in support of the Research and Statistics and Information Technology (IT) Divisions.
- Coordinate the migration of existing data residing in the current Data Center.
- Executed the migration of the Board's Internet service provider routing to go through the new Data Center.
- Initiated scheduling of application and system migration to the new Data Center, with expected completion by year-end 2015.
Objective 3.2: Address critical Data Center subsystem requirements.
Information Technology and Management Division staff will work to identify, obtain, and put in place critical Data Center subsystems.
- Work with Board and Federal Reserve Bank of Richmond staff to identify critical subsystems.
- Implemented critical subsystems for mechanical, electrical, and plumbing, which are supported by the Federal Reserve Bank of Richmond.
- Monitor design and implementation of critical subsystems.
- Updated the space, power, and cooling analysis as part of an overall Total Cost of Ownership review.
Martin Building Renovation
Objective 3.3: Create a safe and secure work environment.
In this Section:
Law enforcement staff continues to ensure that employees and visitors are adequately screened and safe while occupying a Board building. A threat assessment of the Board is being conducted and will be complete by mid-2014. Protective measures and continuity of operations plans will be updated, where appropriate. Staff will also allocate time and resources to selecting an appropriate security system for new lease space.
Accomplishments
- Conduct a current threat assessment for the Board.
- Completed a threat assessment with the assistance of an outside consultant. The results will be incorporated into the design process of the Martin Building renovation.
- Analyze and update the Board and division continuity of operation plans.
- Began a full review of the Board and division continuity plans by the Intelligence and Resiliency Program. The review is scheduled to be completed in 2015.
- Select a security system for the new leased space.
- Selected a new digital security system after reviewing several options. The process included reviewing the Board's security requirements and identifying and evaluating the top systems in the industry in consultation with security consultants.
Objective 3.4: Upgrade physical infrastructure.
In this Section:
Staff identified swing space, and negotiations for office space were completed in 2013. Negotiations for lower-level and below-grade space should be completed in 2014. Design work for office area space should also be completed in 2014, with construction starting late spring 2014. Design work for the Martin Building renovation will commence once requirements documentation is completed.
Accomplishments
- Manage the Martin Building renovation design and initiate construction procurement process.
- Initiated the construction document phase for the Martin Building renovation. Progress continued on the design and technical engineering documents, as well as space planning for typical office floors.
- Received two professional, independently prepared Martin Building renovation cost estimates at the end of the design development phase. Both cost estimates were below the stated cost limitation.
- Manage 1801 K Street leasehold improvement construction.
- Substantially completed the construction at 1801 K Street on the above-grade office floors. Awarded a construction contract for the B-1 level, with construction activities well under way by the end of the fourth quarter.
- Engaged in negotiations with the proprietor for additional leased space at International Square. A letter of intent is expected to be completed in the first quarter of 2015.
- Complete New York Avenue renovation.
- Completed construction efforts as planned on the majority of the office space, which included upgrading critical infrastructure and reconfiguring space for more efficient use. The remaining work will be completed by the third quarter of 2015.
- Manage Eccles infrastructure enhancements and upgrades.
- Performed ongoing infrastructure enhancements and upgrades, such as a redundant demarcation for telecommunications and data services, which will ensure continual service delivery during the Martin Building renovation. Significant improvements to overhaul the building's mechanical system, including the expansion of the uninterruptible power supply system and the addition of a 24/7 cooling loop for more reliable data services, will begin in 2015.
Objective 3.5: Reduce utility consumption and expenses.
In this Section:
Comprehensive energy audits of Board-owned buildings commenced in 2012. Ongoing audits will ensure that existing Board facilities are operating in the same efficient manner as the Martin Building once renovations are completed.
Accomplishments
- Review and report on energy consumption at Board-owned buildings.
- Completed a facilities condition assessment and retro commissioning effort of the Eccles Building.
- Completed an energy audit of the New York Avenue Building.
- Evaluated the Eccles and New York Avenue Buildings for the use of gas service instead of electricity for heating to reduce future energy consumption.
- Implement enhancements to save energy based on utility consumption versus benchmark data.
- Initiated future energy-saving measures in both the Eccles and New York Avenue Buildings as a result of the facilities condition assessment and energy audit. In 2015, mechanical air handlers will be retrofitted in the Eccles Building, and a more efficient chiller will be installed in the New York Avenue Building.
