Whole Life Costing
In order for a building to be truly sustainable, Urban Design will consider a Whole Life Costing of the building as a whole, including all materials used. Essentially, whole life costing is a means of comparing options and their associated cost and income streams over a period of time. Costs to be taken into account include initial capital or procurement costs, opportunity costs and future maintenance and running costs.
Urban Design will undertake a thorough assessment of the project and advise our clients of all costs involved in the project.
SIMPLE EXAMPLE OF WHOLE LIFE COSTING
Urban Design will undertake a thorough assessment of the project and advise our clients of all costs involved in the project.
SIMPLE EXAMPLE OF WHOLE LIFE COSTING
|
GLS Light Bulb |
V |
Low Energy Lamp |
||
|
Capital Cost |
£0.50 |
V |
£1.50 |
|
|
Lifespan |
100hrs |
V |
5000hrs |
|
|
Equivalent Cost |
£0.50p |
V |
£0.30p |
|
|
Running Cost for 2000hrs |
V |
|||
|
(one working year) |
£18 |
V |
£2.80 |
|
|
Replacements per year |
2 @ £5 = £10 |
V |
0.4 @ £5= £2 |
|
|
Actual Costs |
£29.00 |
V |
£5.10 |
HIDDEN VALUE
- 500% safer
- 600% less pollution
- 500% less time to maintain
- 500% less heat
For more further information please contact:
Ian Simpson
Ian.Simpson@birmingham.gov.uk
07825052101