20 JUL 2018
The latest annual update to the BCIS lifecycle cost data provides estimates for the maintenance and operation of over 100 building types.
It shows that total costs can range from £4,850/100m2 per annum for factories to £11,000/100m2 per annum for hospitals.
Examples of the estimates are given in the following table.
|Building function||Estimated £/100m2 (4Q 2017)|
The estimates are based on a variety of sources such as data from BCIS subscribers, BCIS occupancy reports, and from other public and private sector reports. It should be noted that the estimates are for buildings that are of typical size and design, and UK mean location. Users of the data should take this into account when interpreting the figures.
Maintenance and operating costs will be influenced by many other factors including:
Lifecycle costs are included in the Building Running Costs Online (BRCOL) service, providing benchmark estimates of annual costs for over 100 building types. These can be profiled over a range of years and expressed in terms of current cash or net present value. Benchmark estimates of construction costs are also provided to produce life cycle cost estimates.
In addition to the lifecycle cost module, BRCOL subscribers also receive regularly updated maintenance indices, economic briefings, and electronic access to the maintenance price book.