- Cost Consultancy
- Rider Levett Bucknall Life®
Building Information Modelling (BIM)
The Financial Accounting of property assets can reflect not only the book value of the assets but also reflect the assets themselves, their condition, their performance and their attributes.
Rider Levett Bucknall works with owners and occupiers of buildings to ensure that they are able to take full account of the total impact of their buildings and can advise on many alternate methods of identifying and accounting for assets. At Rider Levett Bucknall we believe that these methods must not only be informative but also simple in presentation-therefore providing the best platform from which to manage and make decisions.
With total operating costs amounting to several times the initial capital cost, clients are increasingly focusing on longer term strategies that span their investment horizons and beyond, to ensure they are able to consider the impact on value at all points in a property’s useful life. Our responsibility to sustainability and the reduction of environmental impact make these considerations even more important.
In particular, we offer the following services:
- Asset Recognition and Valuation
- Capital Expenditure Forecasting
- Cost: Benefit Analysis
- Sustainability and Environmental Performance Issues
- Whole Life Cycle Costing
The 4DCM model dynamically incorporates time, the fourth dimension, into standard three dimensional construction cost models.
The 4DCM model has been developed to encapsulate the capital cost and also the life cycle characteristics of individual components, elements and the whole building. 4DCM facilitates rapid ‘What If’ analyses on different assets to establish their bottom line impact on a whole life basis.
RElifing of Assets
Rider Levett Bucknall has pioneered the use of Building Life Extension Studies to realise and optimise the use of buildings. This methodology has been adopted by large corporations and government bodies to ensure effective capital to recurrent accounting is adopted and also offers financial guidance in construction and extending the useful life of many buildings.
To discover more about RElifing, read our article on Breathing New Life into Buildings.
Rider Levett Bucknall also recognises the importance of the quality and variance in data in this area and looks objectively at the outputs to ensure that answers provided are not only realistic but also relevant to a client’s objectives and corporate social responsibility.