From cost advice to Life Cycle Costs

To know what costs are really associated with a project it is necessary to look further than just the investment costs. The calculation of the lifetime costs, also known as LCC, life cycle cost or life cycle costing, includes all amounts that are also involved after completion and during the use of a project.

Longevity costs are not just about the investment costs, but also about the costs once a building, bridge or station has been built. Such as the management and maintenance costs, but also the energy costs, the costs for demolition, cleaning and maintenance. In short, all costs incurred during the lifetime of the project, from A to Z.

Calculation of lifetime costs prevents setbacks

Those who have identified the costs of a project on time will be faced with fewer surprises in the short and long term, will need to make less adjustments and will therefore have fewer financial setbacks and unexpected additional expenses. As a result, a lot of problems can be prevented in advance and it is possible to analyze which choices for the total lifespan give the best results.

The construction cost consultants of IGG therefore take the lifetime costs into account when calculating the expenditure pattern of a project. In our feasibility analysis, the costs are discussed, so that it can be determined in time whether the project remains within budget.

IGG gives advice on the lifetime costs

The IGG team does not only limit its lifetime costs to the calculation thereof. We advise when the spending pattern can be arranged in a different way. For example, is it chosen to be monitored by security personnel or are surveillance cameras and an alarm deployed.

For example, those who opt for higher investment costs, resulting in a better construction and less expenditure during the operating phase, may be more advantageous than a building with low investment costs, but for which extra costs must be incurred in the longer term. IGG helps you make the right decision in this regard.

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International School Utrecht


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Rembrandt park


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Expansion Metro 'Oostlijn'

Amsterdam, the Netherlands

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Questions about this project? Please ask our experts!

Arno Vonk MRICS

Directeur / Senior bouw economisch adviseur

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John Koks

Senior bouw economisch adviseur / Projectcoach

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Mario van Veen

Bouw economisch adviseur / Projectleider

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Yuk Ling Chung

Bouw economisch adviseur

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Marc Hengstmangers

Directeur / Senior bouw economisch adviseur

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Hans Smit RKN

Register kostenmanager (RKN) / Projectcoach

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