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CIQS - Construction Economist Publication
LIFE CYCLE COSTING REVEALED - A Clear Picture for the Building Owner
Article written by Angela Lai - Spring 2018

Usually our first involvement on a construction project (and perhaps only commission) with a client is undertaking a capital cost estimate and often does not go much further than that unless it is government organization or under a Public Private Partnership delivery model which includes the operations and maintenance scope. So, why is this? There is a disconnect between clients understanding the full costs of a building, and fully appreciating that a building is not just for the opening ceremony or topping out. The building only begins its life when the contractor leaves. There has been a move from building structures with limited life expectancies, and the focus now is on loose fit architecture and designing buildings for change, and the ability to change over time. Hence, it makes sense that the long-term costs of owning and operating a building should be considered.

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Core Two is a leading professional cost advisory consultancy trusted by many owners, investors, and real estate developers to achieve better results and success. We are setting an example as leaders in the industry by utilizing both local and global expertise.

Core Two  has a professional team who are members of the Royal Institution of Chartered Surveyors and the Canadian Institute of Quantity Surveyors. Our team has been and continues to support these prestigious associations, and is known to be well-involved in the construction community.

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  1. 1
    Innovation is essential to meet development needs in a more sustainable and efficient manner. Core Two is committed to finding innovative solutions for our clients.
  2. 2
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  3. 3
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