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

“The new building has been open for over a year and teachers and pupils are still excited about it. It is so well designed in terms of light, space and ventilation that it is a joy to work in. The projecting roof at each end creates fantastic covered play space.”

News

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Hookway helping house builders across the board

Ground-breaking research released by the National Housing Federation shows that England’s total housing need backlog has reached four million homes.

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Build up, not out! Vertical thinking could be the answer

Faced with increasing numbers a School in Cumbria approached Hookway to investigate the financial viability of building an extension to house three much needed additional classrooms.

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Exhibiting at the London Academies Show

We had a fantastic and busy day at the recent Academies Show in London. We chose to exhibit at this show in particular as it attracts over 300 attendees allowing us the opportunity to talk directly to some key representatives...

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