Life Cycle Cost Analysis
Assessing the total cost of facility or system component ownership over its lifespan.
Life Cycle Cost Analysis (LCCA) is an important economic analysis used in the selection of alternatives that impact both initial and future costs. It compares initial investment options and identifies the least cost alternatives for various performance periods.
K2M utilizes existing utility data and software-based analysis to benchmark baseline energy usage. This baseline is utilized to evaluate the energy savings potential of various Building HVAC, Lighting and Envelope Alternatives as well as variations in building orientation and geometry.
Our Life Cycle Cost Analysis incorporates the following parameters:
- Lifecycle cost time period
- Inflation rate of labor
- Inflation rate of materials
- Inflation rate of utility costs
- Interest rate of finance
- General Conditions
- Design Fees
- Escalation (as applicable)
- Residual Worth where an alternative has service life beyond the analysis period
- Maintenance Cost
Our Clients Say…
"It is a pleasure to work with the K2M Team. The team held to their project timeline, met with the county Superintendents to complete a thorough overview of our structures and land, met with elected officials and department heads to consider our thoughts, concerns and ideas, and delivered options that we are very pleased with!"
Allen County Ohio Board of Commissioners (Jay Begg, Cory Noonan, Greg Sneary)
"The documents and concepts prepared by K2M has proven to be a valuable resource for long term capital planning and implementation. It was apparent from the very start of this endeavor that the vast experience and understanding, as well as local knowledge provided the County and City a valuable resource."
Mike Dever, Cuyahoga County
"It is amazing that year after year this massive assessment gets better and better. We value our partnership with K2M."
Ron Dilustro, NASA PM
"We are very happy with the work performed by K2M Design. The team is very thorough. The timing was excellent and the diligence shown was great. This team has delivered on all of their promises."
Jason Boyd, County Administer, Lake County & Chuck Klco, Building and Grounds Superintendent, Lake County
"Please accept this expression of my deepest appreciation to the members of the Sixteenth Judicial Circuit Court Accessibility Team (K2M Design) for their persistent, meticulous, and hard-working efforts to survey the accessibility of court facilities within your circuit. I recognize the tremendous workload associated with this project, and I am grateful for the energy and resources devoted to this important endeavor."
R. Fred Lewis, Chief Justice, Supreme Court of Florida
"Thank you for the fast turnaround. DVS are happy with the assessments and are using data from them in their current capital request. Not only that, but DVS reported that the K2M inspection staff were very professional."
Joseph Macneil, Planning Manager
K2M on GSA Schedule
K2M Design is a GSA Schedule Contract Holder on the Federal Supply Schedule for Facilities Maintenance and Management (03FAC) Solutions for Real Property.