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Get Sust! Issue 38
How can we tell whether a project is really sustainable? One way is to look at life cycle costs, and a new International Standard should help make these more consistent and accurate.
Published by the International Organization for Standardization and adopted in the UK by BSI British Standards, the new Standard – BS ISO15686-5 – covers the basic principles and processes of life cycle costing, as well as defining terms and indicating how costing should be used in planning the long-term performance and sustainability of buildings and other constructed assets. The Standard was developed by an international committee convened by Kathryn Bourke of Faithful+Gould.
Meanwhile a UK supplement to the ISO standard, ‘Standardized Method of Life Cycle Costing’, provides a standard cost data structure for life cycle costing, aligned to the Building Cost Information Service (BCIS) standard form of cost analysis.
Learn more:
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• | BSI British Standards: www.bsi-global.com. |
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