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BCIS Unveils Innovative Tool for Whole Life Cost & Carbon Measurement

Synopsis: The Building Cost Information Service introduces the groundbreaking Life Cycle Evaluator, a tool that simultaneously assesses whole life costs and carbon emissions. By merging extensive cost data with detailed carbon information from the Built Environment Carbon Database, BCIS aims to empower professionals in making informed decisions to optimize project budgets and environmental impact.
Thursday, June 13, 2024
BCIS
Source : ContentFactory

BCIS has launched the revolutionary Life Cycle Evaluator, a pioneering tool designed to measure and report on both whole life costs and carbon emissions. This innovative solution combines BCIS's 60+ years of cost data expertise with comprehensive carbon data from the Built Environment Carbon Database, providing professionals with a holistic view of project budgeting and environmental sustainability.

James Fiske, CEO of BCIS and chair of the BECD steering group, emphasized the importance of integrating reliable cost and carbon data to facilitate informed decision-making in the industry. The Life Cycle Evaluator enables professionals to streamline the incorporation of carbon assessments into project planning, ultimately contributing to the reduction of harmful emissions and enhancing environmental sustainability.

The introduction of the Life Cycle Evaluator marks BCIS's commitment to driving down whole life carbon emissions in the industry. This tool complements BCIS's existing services, such as the Cost and Carbon Materials Database and the Built Environment Carbon Database, providing users with valuable insights into comparative cost, Environmental Product Declarations, and project carbon data.

By combining cost and carbon data in a single platform, BCIS aims to address the increasing demand for detailed whole life cost and carbon plans in projects. The tool streamlines the process of producing, evaluating, and auditing whole life cost and carbon assessments, aligning with industry standards and ensuring accuracy in project evaluations.

The comprehensive component database within the Life Cycle Evaluator allows users to add their own data and track activity build-ups throughout the project's lifecycle. From initial construction to maintenance, replacement, and disposal, the tool provides a detailed overview of the project's environmental impact and cost implications.

BCIS has developed the Life Cycle Evaluator in alignment with the whole life carbon assessment standard from RICS, simplifying the reporting process for users and ensuring compliance with industry requirements. This standardization of whole life carbon assessments enhances efficiency, reduces complexity, and promotes consistency in carbon calculations across projects.

Standardizing the approach to whole life carbon assessments is crucial in the industry's efforts towards decarbonization. By enabling professionals to conduct cost and carbon assessments simultaneously, BCIS aims to improve efficiencies, reduce emissions, and streamline the sustainability evaluation process for projects.