Produced capital
The Value Toolkit Overview published by the Construction Innovation Hub in April 2021 defines produced capital as: ‘…the man-made goods as well as all financial assets that are used to produce goods and services consumed by society. In the context of the built environment, Produced Capital encompasses a combination of capital cost, operational cost and revenue, thereby covering the whole of the direct monetary spend on the project over its whole life. The man-made elements include indicators of the efficiency and quality of design, construction and operational processes.’
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