How often does BOMA International update its measurement standards?

BOMA International updates its measurement standards approximately every five years. This timeline allows the organization to assess and incorporate new practices, technologies, and trends in the real estate industry, ensuring that the standards remain relevant and effective. Updates typically reflect feedback from professionals in the field, emerging needs within the industry, and changes in market conditions. By refreshing the standards at this interval, BOMA can maintain a high level of accuracy and utility for property measurement, which is crucial for both compliance and operational efficiency. The five-year cycle strikes a balance between ensuring the standards are kept up to date while also allowing enough time for widespread adoption and implementation by industry professionals.