Automate LCC calculations and reduce lifetime costs of buildings
Import all your building materials and quantities from Excel, BIM, or energy models. If you have already calculated your LCA, the materials can be used for LCC calculations. Operation and maintenance costs are automatically generated based on your location. Replacements are calculated based on the service life of your construction materials. All other costs can be added manually. You can easily edit the figures if you have project specific information.
One Click LCA Life Cycle Costing tool is designed in line with EN 16627 and ISO 15686-5 standards. Results are reported based on the mandatory cost categories in the EN standard, including construction, maintenance, operation, and end-of-life related costs.
Create and compare design alternatives to find your most ecological and cost-efficient solution.
Use a Life Cycle Costing report template to present your results. The LCC results are in line with EN 16627 and ISO 15686-5 standards, including all mandatory cost categories: construction, operation, maintenance, and end-of-life costs.
Ready-to-use cost library tailored for country
Achieve BREEAM - Man 02 credits
You can submit the LCC results to earn BREEAM – Man 02 credits, including Elemental life cycle cost (LCC) (2 credits), and Component level life cycle cost (1 credit).
Frequently Asked Questions
What is the purpose of life cycle costing?
What are the standards for life cycle costing?
What data is available for LCC calculations?
Labour costs are based on the International Labour Organization, Labour costs 2016. These costs are the total costs paid for labour by the party contracting labour including all applicable overheads.
Maintenance costs are based on regional labour costs and labour intensity of various maintenance operations. The production process has considered various sources, including Whitestone Facility Operations Cost Reference, International (2014) and Whitestone Facility Maintenance And Repair Cost Reference, International (2013) and include modifications for different regions related to labour costs, processes and cost indexes.
End-of-life costs are calculated based on the capital costs. The end-of-life is a percentage of capital costs, which is based on averaged projects.
What are the cost elements included in the assessment scope?
|Life cycle module||Analysis scope|
|A0-A5 Pre-construction and before use stage||Costs of purchase or rental costs (costs of the site); costs of building products; costs related to the transport between factory and site; project feasibility, planning, design, engineering and construction costs, incl. permissions, commissioning and handover; site clearance and landscaping (e.g. lawn, trees, and similar within the curtilage and other external works costs; subsidies and incentives (e.g. incomes related to renewable energy).|
|B1-B3 Operation and maintenance costs||Building-related facility management costs (e.g. regular cleaning, insurance, security, fire inspection, and similar costs); repair costs; ground maintenance; redecoration.|
|B4-B5 Replacement / refurbishment||Planned adaptation or refurbishment (incl. infrastructure, fitting out and commissioning, validation and handover); replacement of major systems and components (incl. associated design and project management).|
|B6 Operational energy use||Energy costs (incl. fuel and electricity for heating, cooling, power, domestic hot water, and lighting, as per the EU’s Energy Performance of Buildings Directive or EPBD).|
|B7 Operational water use||Water-related costs (e.g. rates, local charges, environmental taxes)|
|C1-C4 Deconstruction||Demolition costs; transport costs associated with deconstruction and disposal; fees & taxes (e.g. landfilling); waste processing costs|
What are the differences between 'Life-cycle cost, discounted' and the 'Life cycle cost, nominal'?
The ‘Life-cycle cost, discounted’ does not take into account inflation, and the value of the chosen currency is estimated to be the same over the entire set calculation period. The ‘Life cycle cost, nominal’ results include inflation, meaning that the set currency will not have the same value over the entire calculation period, which often results in a higher total.
What are the advantages and disadvantages of life cycle costing?
It has been noted that LCC focuses exclusively on cost reduction and has no regard for the environmental impact of a building. While it is true that eco-friendly materials can sometimes be more expensive, as technology keeps evolving, new, more ecological materials can prove to be cost-efficient solutions when adopting life cycle perspective. What is more cost-efficient: installing the conventional HVAC system and consuming a lot on energy over the course of decades or purchasing a contemporary HVAC system that enables net zero building design, producing as much or more energy to cover all expenditure?
When should I conduct life cycle costing analysis?
LCC should be regarded as an ongoing process and calculations should be repeated several times as the project transitions through construction stages. Our advice is to keep it up to date to ensure accuracy and high quality analysis.