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. For more information on the document category changes, see Upholding professional standards.
This practice information 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.
Covered in this practice information:
- standards and definitions
- essentials of life cycle costing
- worked examples.
Life Cycle Costing, 1st edition (PDF 1.85MB)
Published date: 18 June 2025
