Component level life cycle cost options appraisal
BREEAM UK New Construction, Non-domestic Buildings (United Kingdom), Technical Manual, SD5078: BREEAM UK New Construction 2018 3.0, published by BRE Global Limited, defines life cycle cost (LCC) as:
‘The cost of an asset or its parts throughout its life cycle, while fulfilling the performance requirements; a methodology for systematic economic evaluation of life cycle costs over a period of analysis, as defined in the agreed scope.’
‘A component level LCC options appraisal is commonly used for cost planning specification choices of systems or component levels during design development. Component level LCC options appraisal for service life planning requires the environment of the building and other local conditions to be identified and the fundamental requirements to be met in planning the service life of the building.
Decisions should be made on:
- the likely design life of the building (rather than the contractual design life)
- minimum functional performance criteria for each component over the building’s design life
- components that must be repairable, maintainable or replaceable within the design life of the building. Only the key differentiators between components and systems need to be comparatively modelled.’
[edit] Related articles on Designing Buildings Wiki
Featured articles
Check out some of the best features and news from Designing Buildings as well as key stories from around the web.
Sir Edwin Lutyens: Britain's greatest architect? Book review.
CIOB publishes free template to help assess and manage risks.
ECA's reflections on Party Conference season
Burnham wants to be confident of winning before asking for a fresh mandate.
New Chief Construction and Scientific Adviser
Sergio Cavalaro, Professor of Infrastructure Systems at Loughborough University.
Building safety levy for England
CIAT publish estimator tool for members.
Water sector faces a growing crisis that could slow the delivery of vital infrastructure.
Undervaluing our industrial past
Heritage value changes as taste for building styles changes.
Changing expectations around competence and compliance
New information sheet from CIAT.
Grenfell investigation files passed to CPS
Angela Rayner apologises on behalf of the British state.
Electrical contractors need to understand the practical implications.
The real barrier to getting more value from digital technology.
Your guide to The Construction Reset at UKCW Birmingham.