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Life Cycle Costing (LCC) also called Whole Life Costing is a technique
to establish the total cost of constructing and running your building
through its entire life-span from acquisition to refurbishment or
eventual demolition.
The results of an LCC analysis can be used to
assist in calculating the lowest cost options for the entire life
building. As the graph below shows construction costs typically account
for a small percentage of the overall cost of running and maintaining a
building LCC analysis focuses on the use of the best long-term value
building design.

Best value design and specification
Knowledge
of a building's costs over its full life span is important in achieving
best value from both the capital costs of constructing the building,
and the related ongoing costs of operating it. LCC helps you to make
well informed design decisions, and to select the most suitable
building materials, components and systems. For example an increase in
initial costs from the installation of a higher specification of
insulation may over time result in lower heating costs.
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Better building performance
Life Cycle costing will enable you to
minimise maintenance problems - for example from the failure of
building components that must then be replaced or repaired with
difficultly and high cost. A planned and costed maintenance programme
minimises this risk which will have a negative impact in terms of
unexpected costs, disturbance and loss of income.
Durability assessment
Our
durability assessment service defines your requirements for the
durability of a building, and assesses design, specification and
construction proposals against these. This will help you to reduce
repair and disruption costs, minimise waste and achieve more
sustainable construction.
Our services are supported by extensive
knowledge and experience of building defects will help you make
important decisions such as:
• Rebuild or refurbish
• The design most appropriate, sustainable and efficient for
your needs
• Best life-cycle value of specifications - for example,
aluminium windows or timber
• Best life-cycle value of component standards - for example,
roofing materials
Whilst
it is impossible to accurately predict the future our proactive and
informed approach will assist in giving you the best long-term value
for your project from ‘Cradle to Grave’ and will ultimately save you
time and money.
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