Life cycle costing [electronic resource]
Life cycle costing [electronic resource]
- London RICS 2016
- RICS Practice Information RICS Guidance Note RICS Black Book .
This document was reissued in June 2025 as practice information. It had previously been published in April 2016 as a guidance note. The regulatory requirements remain the same and no material changes have been made to the document. References in Appendix C to NRM have been updated from the previous version to the 2021 edition.
Summarises what is meant by a life cycle costing and whole life costing service for both new construction works and for the refurbishment of existing assets. The guidance follows the guiding principles outlined in the BCIS/BSI publication PD15686-5 Standardized Method of Life Cycle Costing for Construction Procurement. Effective from 1 July 2016.
9781783211364
RICS BLACK BOOK
LIFE CYCLE COSTING
WHOLE LIFE COSTS
STANDARDISED METHOD OF LIFECYCLE COSTING (SMLCC)
ENGLAND AND WALES
658.202
This document was reissued in June 2025 as practice information. It had previously been published in April 2016 as a guidance note. The regulatory requirements remain the same and no material changes have been made to the document. References in Appendix C to NRM have been updated from the previous version to the 2021 edition.
Summarises what is meant by a life cycle costing and whole life costing service for both new construction works and for the refurbishment of existing assets. The guidance follows the guiding principles outlined in the BCIS/BSI publication PD15686-5 Standardized Method of Life Cycle Costing for Construction Procurement. Effective from 1 July 2016.
9781783211364
RICS BLACK BOOK
LIFE CYCLE COSTING
WHOLE LIFE COSTS
STANDARDISED METHOD OF LIFECYCLE COSTING (SMLCC)
ENGLAND AND WALES
658.202