Whole Life Costing
' Give us the tools, and we will finish the job'.
Winston Churchill
The Office of Government Commerce states: 'Value for money is the optimum combination
of whole-life cost and quality to meet the user’s requirement. This means that awarding
contracts on the basis of lowest price tendered for construction works is rarely
value for money; long-term value over the life of the asset is a much more reliable
indicator. It is the relationship between long-term costs and the benefit achieved
by clients that represents value for money'.
We can offer clients advice, guidance and training to aid in the calculation of
both whole life cost and whole life value. Methodologies applied comply with
BS ISO 15686-5:2008 'Buildings and constructed assets. Service life planning. Life
cycle costing'.
Value Solutions in partnership with SCQS and Axoss Ltd is also proud to offer an online whole life costing service, available at
wholelifecosting.co.uk, encapsulating:
- A web based option appraisal evaluation tool.
- A BS ISO15686 compliant database provides essential benchmarks.
- The prediction of capital and operating costs.
- A revolutionary approach to asset management.
- A user friendly service with on-line support and training.
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