BS 8544: 2013 – Guide for Life Cycle Costing of Maintenance Works

Faithful+Gould acted as lead technical author in the development of this new British Standard. Andy Green, director, led the technical working group and championed cross industry input to produce the British Standard, including getting the support and endorsement from RICS, BCIS, CIBSE and the B&ES to the new standards and rules. The standard was developed in parallel with drafting the RICS new rules of measurement and also the revision to the CIBSE Guide M for operation and maintenance of building services (due to be published 2014). The two principal objectives of this British Standard are to provide:

1.    Standardised methodology and guidance:

  • for the life cycle costing (LCC) of maintenance that fully integrates the cyclical process of creating and implementing two plans maintain and renewal
  • how to capture the appropriate asset information for specific LCC outcomes
  • how to evaluate and prioritise maintenance works, when budgeting and undertaking funding scenarios
  • how to implement the LCC programmes of works - and unlock robust benchmark data for future maintenance planning

2.    Decision making guidance on:

  • setting and defending the maintenance budgets
  • mitigating risks and liabilities
  • driving maintenance prioritisation
  • targeting investment in asset renewals
  • informing wider estate planning studies
  • inputting into environmental / sustainability
  • feedback into future construction projects

Guidance is also provided on how the maintain and renewal data should be structured and classified to be interoperable with the BIM data exchange formats. This is fundamental to the UK’s Government’s Construction Strategy and their efficiency drive based on robust whole life costs.