Recurring cost
Life Cycle Costing (BG 67/2016), written by David Churcher and Peter Tse and published by BSRIA in March 2016, defines recurring cost as: ‘Costs that occur at the same amount in successive years. For the simplest recurring costs the start date is year 1. More complex recurring costs have a start date after year 1. Typical recurring costs would relate to energy costs, annual maintenance contracts, rent payable to a landlord, or salary costs for staff. Recurring benefits can also occur, but are less common.’
--BSRIA
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