Optimize Your Investments with K2M’s Life Cycle Cost Analysis Services

Are you wondering if the initial investment is worth it? At K2M, we provide comprehensive Life Cycle Cost Analysis (LCCA) services to help you make informed decisions about your investments. LCCA is a crucial economic analysis tool used to evaluate alternatives that impact both initial and future costs, ensuring you choose the most cost-effective options for various performance periods.

Why Choose K2M?

• Proven Expertise: Our team has extensive experience in performing LCCA for a wide range of projects, including commercial buildings, federal government facilities, higher education institutions, and multifamily high-rises.
• Standards Compliance: We adhere to industry standards and guidelines, including ASHRAE Standards 90.1 and 189.1, NIST Handbook 135, FEMP Guidelines, and ISO 15686-5, ensuring a robust and reliable LCCA process.
• Real-Time Cost Estimations & Data-Driven Approach: We leverage real-time RSMeans data for accurate and up-to-date cost estimating, providing you with reliable financial data for decision-making. We utilize existing utility data and advanced software-based analysis to benchmark baseline energy usage. This baseline is then used to evaluate the energy savings potential of various building HVAC, lighting, and envelope alternatives, as well as variations in building orientation and geometry.

Our Process

Benchmarking Baseline Energy Usage:

We begin by analyzing existing utility data and using software-based analysis to establish a baseline for energy usage. This benchmarking process allows us to accurately assess current energy consumption and identify areas for improvement.

Evaluation of Alternatives:

Next, we evaluate various alternatives by assessing the energy savings potential of different HVAC, lighting, and envelope options. We also consider variations in building orientation and geometry to ensure the most effective energy-saving strategies are implemented.

Life Cycle Cost Analysis Parameters:

Finally, our life cycle cost analysis accounts for several parameters, including the analysis period for evaluating costs, inflation rates, interest rates for financing options, general conditions, design fees, contingencies, cost escalation, residual worth of alternatives, and maintenance costs. This comprehensive approach ensures that all financial aspects are considered, providing a clear understanding of the long-term cost implications of each alternative.

Benefits of Life Cycle Cost Analysis with K2M

Our attention to detail, extensive experience, and vast knowledge of the industry ensure that our LCCA services provide clients with comprehensive evaluations of alternatives. This meticulous approach helps you make informed decisions that balance initial and future costs, ensuring the most cost-effective and sustainable options for your projects.