Life Cycle Costing is a strategic service that projects the long-term financial implications of owning and maintaining a building or asset.

This analysis considers not just the initial purchase or construction costs, but also ongoing operational expenses, maintenance, repairs, and eventual disposal or replacement costs.

Surveyors use complex models to estimate these costs over the entire lifespan of the building, typically 25-30 years or more.

This service helps clients make informed decisions about property investments, maintenance strategies, and sustainability measures.

It's particularly valuable for comparing different design options, assessing the viability of energy-efficient upgrades, and planning long-term budgets for property portfolios. Life Cycle Costing requires a deep understanding of building materials, systems, and how they perform over time, as well as expertise in financial modelling and forecasting.