Life cycle costing [electronic resource]
Language: English Series: RICS Practice Information | RICS Guidance Note | RICS Black BookPublication details: London RICS 2016ISBN:- 9781783211364
- 658.202
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 159267-2001 |
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.