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Wood for Good Logo
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Building sustainably

Whole Life Costing

Developments will increasingly need to ensure a balance between environmental impact and long-term value for money. WLC is a commonly used technique which enables comparative cost assessments for a product or project to be made over a specified period of time, taking into account all relevant economic factors of initial capital costs and future operational costs – the total cost of a building or its parts throughout its life, including the costs of a building or its parts throughout its life, including the cost of planning, design, acquisition, operations, maintenance and disposal, less any residual value. Together with LCA, it can provide a through economic and environmental assessment to support decision-making and an effective procurement strategy.