Life Cycle Costing

Life Cycle Costing is a methodology for the systematic economic evaluation of life cycle costs over a period of analysis, as defined by an agreed scope.  Life Cycle Cost is the cost of an asset throughout its life cycle while fulfilling its performance requirements.

Life cycle costing analysis (LCCA or LCC for short) is the most accurate way to increase your building’s project savings by comparing different design and material alternatives.

LCC is conducted based on long-term costs and savings and considers discounted and non-discounted present values to model future inflation.

The “life cycle” part means that LCC assesses all costs that occur over the building’s lifetime, including construction, maintenance, operation, and end-of-life related costs.

Mainer Associates uses One Click Life Cycle Costing software to deliver LCC modelling, and reports aligned to BREEAM compliance and the PD 156865: Standardised Method of Lice Cycle Costing or Construction Procurement. 

PD 156865 is a supplement to BS ISO 15686, which is a multi-part series international standard for guidance on planning the service life of buildings.

Mainer Associates delivers both Elemental and Component Level LCC to satisfy BREEAM Management 02 credits and Materials 01 Exemplary Credits, when these studies are aligned to our Life Cycle Analysis work.

Mainer Associates can also accommodate bespoke client costs to ensure our results are indicative of real costs and are of greater use to clients and design teams.

Using Mainer Associates’ LCC services alongside our LCA work offers a holistic assessment of the relationship between cost and embodied carbon. We can assist teams in appraising different design options and product specifications in both carbon and cost terms. When collaborating with designers we can put forward ‘win-win-win’ solutions to developers, in terms of the cost-carbon-programme.