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Essentially whole life costing (WLC) is a means of comparing options, and their associated cost and income streams, over a period of time. Understanding the whole life costs of a building helps our clients make better informed design decisions from the outset. It allows them to select the most suitable building materials and components, or elements, thus achieving a more sustainable facility and better project outcome.

Whole life costing involves calculating the lowest cost options for the entire commercial life of a building, or individual component or element of a building, to include: construction capital costs, maintenance costs, running costs and also possibly demolition costs. It may also include a planned preventative maintenance programme and an allowance for expenditure on maintenance, as in this way interruption to business and associated costs can be minimised, thus saving money in the long-term.   

Testimonial

“We have just had two new class rooms constructed for our school and Hookway managed the whole project, which really took the pressure off me. They were brilliant, managing the contractors and making sure that we were all kept fully informed as the project progressed, with all updates given in a timely manner.”

“The needs of the school were always at heart and I felt that I had a voice in the process. The two new classrooms are fantastic. They are light, airy and spacious, and the children love them. The children refer to them as the ‘Posh Wing’.”

“Hookway have been excellent and our English block looks and feels like a new building. ”

News

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Over £12 million CIF secured for 45 academies in 2020

Hookway has successfully secured over £12 million in Condition Improvement Funding (CIF) in 2020 for 45 delighted academies.

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Hookway delivers CIF projects in time for the new school year

Over the past months Hookway's surveyors have been working on numerous condition improvement projects, ensuring that all work is completed in time for the start of a new academic year.

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Hookway secures £7.5 million worth of CIF bids for academy clients

We've helped over 30 academies secure a combined total of £7.5 million to address significant building condition needs.

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