The tool is split into the following sections:
This is where the details of the project and the building are entered.
B. Known Works
This section records the known, or estimated, cost of any building / refurbishment works that are to be undertaken. This section also allows the user to tweak individual building components related to age, condition and quantity. This affords the user greater accuracy when modelling future building replacement costs
C. Cost of Ownership
This section records the first year and annual running costs and income of the building.
To make full use of the calculator, you will need to take some basic measurements and conduct a visual inspection from ground level first. Once complete, the calculator will provide a high level profile of the expected costs of maintaining the building over a period of up to 25 years. This cost profile will be based on the Whole Life Costing principle of incorporating both capital and revenue costs.