ERIC Number: ED089429
Record Type: Non-Journal
Publication Date: 1973-Nov
Reference Count: N/A
Report of the Task Force: Building Life Costs. Building Blocks: Background Studies on the Development of a Capital Formula for Ontario. Volume 5.
Council of Ontario Universities, Toronto.
This report deals with a preliminary investigation of the problems associated with the determination of the total life costs of buildings, including cyclical renewal. It discusses also the benefits to be derived from this information, using life costs of a selected building as an example. The first portion of the publication considers problems in calculating life costs, a study of life costs of a particular university building, and the life cost-building system relationship. The second part of the document gives the scope and definition of cyclical renewal and then examines the renovations, alterations, equipment, and furniture components of cyclical renewal. Included in the appendixes are a proposal for study of life costs, a computer program for life cost projections, an index for maintenance and operating costs, the relationship between capital investment and discounted annual savings, data used, a glossary of terms, and a bibliography. (Author/DN)
Descriptors: Building Design, Building Operation, Capital Outlay (for Fixed Assets), Case Studies, Computer Programs, Cost Effectiveness, Costs, Educational Facilities, Facility Improvement, Facility Utilization Research, Higher Education, Operating Expenses, Property Accounting, School Buildings, School Maintenance
Publication Type: N/A
Education Level: N/A
Sponsor: Ontario Ministry of Colleges and Universities, Toronto.
Authoring Institution: Council of Ontario Universities, Toronto.