Life cycle costing is an essential tool to establish the total cost of ownership of a building. It ensures that clients understand costs, not only of the construction of the building, or a property investment, but of the entire life of the building. The European Commission Construction Unit recommends that life cycle costing be carried out on all building projects.


Life cycle costing requires specialist knowledge and is a service offered by many quantity surveyors.


What does life cycle costing include?

The life cycle costing report will contain breakdowns of estimated costs in a variety of areas, including:

- Maintenance costs

- Redecoration

- Capital costs

- Operating costs including cleaning and utilities

- The life expectancy of building components


At Johal Regan we can provide life cycle costings for all types of building including residential, care homes, retail and industrial.