What are Life Cycle Costing (LCC) benefits?
LCC brings benefit to the owner, the architect, the engineer, the facility manager, and the building occupants. • One benefit is, the opportunity for reducing the costs of building construction, maintenance, and operations, which results in savings. • The second benefit is in developing ways to reduce the environmental impacts of building activities and to communicate these achievements to all of the stakeholders. • The third benefit is by contributing to the health and productivity of the building occupants. • The fourth benefit is in improving tenant retention and increasing leasing rates. The intelligent building lifecycle calculator is a web-based tool allowing the user to choose, evaluate, view, and save customized reports for return on investment of intelligent buildings. The tool includes the RSMeans Square Foot Models for initial construction costs, RSMeans Facilities Maintenance & Repair, Preventative Maintenance & Repair, for operational costs, as well as building automation
