Life Cycle Costing applications in sustainable building

Hartungi, R and Pye, CJ ORCID: https://orcid.org/0000-0003-4718-417X 2009, Life Cycle Costing applications in sustainable building , in: Theorizing Sustainable Architecture: Sustainable Building Design (SBD09), 12 - 13 August 2009, Edge Hill University.

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Abstract

Life Cycle Costing (LCC) which is defined ISO 15686-5:2005 is used to assess the sustainable and renewable technology used in building. The results indicate that the premium cost of sustainable/renewable technology in building is surprisingly lower than many have expected. The life time saving benefits are mainly coming from energy savings. However benefits might also come from improved indoor environmental quality, greater employee comfort/productivity, reduced employee health costs and lower operations and maintenance costs. These benefits will normally greatly exceed any additional upfront premium costs.
The information derived from this study will assist people to be aware of the life cycle cost and benefit of sustainable and renewable technology in building. It will also provide the architect/engineer the information about energy conservation potential acquired via energy saving and conservation.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Sustainability, Sustainable Building, Life Cycle Costing, LCC
Themes:
Schools: Schools > School of the Built Environment
Refereed: Yes
Depositing User: CJ Pye
Date Deposited: 02 Nov 2015 10:22
Last Modified: 21 Nov 2019 08:59
References: ASTM E917-89. Standard practice for measuring life-cycle costs of buildings and building systems. American Society for Testing Material (ASTM), Washington D.C., U.S. Bakis, N., Kagiouglou, M., Aouad, G., Amaratunga, D., Kishk, M. & Al-Hajj, A., (2003), An Integrated Environment for Life Cycle Costing in Construction. Bejrum, H. (1991). (Life-cycle economic appraisal for buildings and real estates). Institute of Technology, Stockholm, Sweden. Berman, Adam (2001) “Green Buildings: Sustainable Profits from Sustainable Development,” Tilden Consulting. Report July 30, 2001. Bromilow, F.J., Pawsay, M.R. (1987). Life cycle cost of university buildings. Construction management and economics, 5, 3-22. Clift, M., Bourke, K. (1999). Study on Whole Life Costing. Report prepared for DETR, February 1999, Report Number CR 366/98. UK. Epstein, M. J., (1996). Measuring corporate environmental performance. Irwin Professional Publishing, Chicago, U.S. Flanagan, R. & Jewell, C. (2005), Whole Life Appraisal for construction. Oxford: Blackwall Publishing Ltd. Flanegan, R., Norman, G. (1983). Life cycle costing for construction, Quantity Surveyors Division of The Royal Institution of Chartered Surveyors, London, UK. Flanegan, R., et al. (1989). Life cycle costing, theory and practice. BSP Professional books, Oxford, London, UK. Hartungi, Rusdy, Liben Jiang (2009) “Life Cycle Cost and Benefit of Energy Efficient Lighting” Proceeding of 1st International Exergy, Life Cycle Assessment, and Sustainability Workshop & Symposium (ELCAS), 4 - 6 June, 2009, Nisyros – Greece. ISO 15686 Part 5 (:2006). Buildings & constructed assets – Service life planning – Part 5: Life cycle costing Johnson, R. (1990). The Economics of Building: A Practical Guide for the Design Professional. New York: John Wiley and Sons Inc. Kats, Gregory (2003). "The Costs and Financial Benefits of Green Buildings." California, October 2003. Kirk, S.J., Dell’Isola, A.J. (1995). Life cycle costing for design professionals. McGraw-Hill, Inc. New York, U.S. Kishk, M., Al-Hajj, A., Pollock, R., Aouad, G., Bakis, N. & Sun, M. (2003) Whole life costing in construction: a state of the art review. RICS Foundation. Larsson, N.K, Clark, J. (2000). Incremental costs within the design process for energy efficient buildings. Building research and information, 28 (5/6), 413-418. Moberg, A, et al. (1999). System analytical environmental tools, an introduction to decision making context). Report 251, Swedish EPA, Stockholm Morris, Greeg of Future Resources Associates based on A-6 Schedule (Figure IV-1) indicates a range of $0.026 -$0.039/ft2/year, indicating that the $0.025/ft/year estimate is conservative (this analysis is available upon request, gmorris@emf.net). Ruegg, R. T. & Marshall, H. E. (1990). Building Economics: Theory and Practice. NewYork: Van Nostrand Reinhold. Robinson, J.R.W. (1986). Life cycle costing in buildings: a practical approach. Australian Institute of building papers, 1, 13-28.
URI: http://usir.salford.ac.uk/id/eprint/53133

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