rlb life brochure
TRANSCRIPT
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thinkahead.
Innovative tools to help you achieve
more efficient, cost conscious,
and environmentally sustainable
resultsnow and into the future.
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Forward-thinking organizations are takingproactive measures to use their resources wisely.Along with technological advances to improve efficiency,
there has been a significant and lasting shift toward
preventing waste by making better use of existing assets.
Rider Levett Bucknall recognizes this seismic change in
thinking as the dawn of the Age of Environmental Thrift.More and more organizations have a heightened interest in business solutions
which maximize performance, enhance value, and minimize environmental
impact. Facing limited capital resources, building owners and managers must
find the right balance between initial capital cost and long-term operation and
maintenance costs.
Rider Levett Bucknall l Life addresses this need by providing building owners
and managers with new tools, methods, and information, allowing them to make
well-informed decisions that represent their best long-term financial and
sustainable interests.
From benchmarking and reviewing existing properties, to analyzing proposals for
renovations or new construction, Rider Levett Bucknall l Life is the next
evolution of our services that has been created forand with the assistance
ofour clients across the globe.
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services
RElifing
An intelligent decision-making tool to help capture remaining
asset value, avoid premature obsolescence, and identify when and
where to spend money to extend the life of an existing building.
Life Cycle Cost + Carbon ModelingAn innovative model that identifies the total cost to build,operate, and maintain a building over its lifetime, enabling building
owners and managers to make informed decisions that minimize
whole l ife cost, maximize whole l ife value, and lessen
environmental impact.
Building Quality AssessmentA quantitative assessment of an office buildings intrinsic quality,
providing guidance on how to achieve a benchmarked standard,
or a comparative tool to evaluate the relative quality of multiple
buildings and facilitate best-value decisions based on both cost
and quality.
Rider Levett Bucknall l Life services are complementary and
interoperable. Each service can be used independently, as a full
suite, or in any combination. They are readily adaptable to suit
your specific requirements.
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RElifingEvery building has a useful life span which is dependent upon the physical
attributes of the building as well as the needs of the building users. Once a
building has aged, owners are faced with the decision to repair, renovate, or
replacea decision that is not always clear-cut or simple.
Identifies how much your building is worth and how much life it has remaining
Informs and prioritizes your capital improvement program development, identifying when and where you can spend money most effectively
Supports decisions on whether to renovate,modify, or build new
Demonstrates your fiscal responsibility in an era of tight budgets
Defines cost and program of scheduled maintenance and component replacement for forecasting capital expenditure
Identifies areas of building code and safety non-compliance in existing structures
Maximizes the life of your existing resources as a sustainability measure
Provides cost-based valuation assistance for depreciation schedules
Benefits
Rider Levett Bucknalls proprietary RElifing
service is a
mathematically-based methodology to help building owners
capture the remaining value and extend the life of their
buildings after years of service.
How does it work? RElifing
determines the useful life of a
building by analyzing the cost and service life of its various
componentsstructure, external claddings, internal fit-out,
and building systems. From this, we can calculate the total
life expectancy.
RElifing
then analyzes and prices the recommendations for
maintenance, upgrades, renovation, and replacement of
various building components necessary to extend the
buildings life expectancy to certain milestones. When this
analysis is compared with the cost to build new, owners are
presented with a quantitative tool to determine which
investment option will make the best use of functional and
financial resources.
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State of ArizonaIn 2002, the State of Arizona was in the midst of a budget
crunch and State legislators were searching for innovative ways
to save money. Rider Levett Bucknall worked in partnership
with lawmakers to introduce the RElifing
methodology as a
tool for determining whether to fund a replacement building.
The resultant bill was adopted as Arizona state legislation in2004 and endorsed by the American Legislative Exchange
Council as model legislation for all 50 states.
Over a six-month period in 2004, RElifing
studies were
conducted on 80 Arizona State buildings, including those for
the Arizona Department of Administration, Arizona
Department of Juvenile Corrections, Arizona State Hospital
and Arizona School Facilities Board. Not only did this analysis
result in a more sustainable approach to development for the
state, but it also saved Arizona taxpayers over $26 million
during those six months.
Arizona State MedicalLaboratory BuildingIn 2004, a new, larger State Medical Laboratory was built
leaving no use for the existing 27,100 square foot building
constructed in 1976. Through a RElifing
study, including an
inspection of the current condition of various building
components and their life expectancies, Rider Levett Bucknal
determined that investment of approximately $4.9 million
would allow continued use of the building for another 35 years.
Additionally, during field investigation it was noted the externa
faade of the building comprised pre-cast windowless concrete
panels which were bolted to the slab edges. Rider Levett
Bucknall recommended removing these already-failing panels
and converting this existing laboratory into an office building
for the adjoining technology building, which was overcrowded
and in need of additional office space.
For more information please visit www.rlb.com/life
Case Study
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Life Cycle Cost +Carbon ModelingRider Levett Bucknalls Life Cycle Cost + Carbon Modeling service is our response tothe challenges property owners face in reconciling commercial viability with efficiency,sustainability, and environmental sensitivity throughout a structures life cycle. Usingour model, owners can develop facilities which are not only cost effective to build but
operationally efficient over their life span.
Supports more informed business decisions regarding what to build, where to build, and when to build
Provides insights for design decisions regarding form, specification, systems, and components, all based on a whole life cost basis
Optimizes capital and operational budgets
Identifies projected annual costs of operations, maintenance, and replacement as a budget planning tool
Facilitates continuous improvement on future projects
Quantitatively evaluates use of renewable energy solutions such as biomass, photo-voltaic cells, and wind turbines
Provides decision-making support to sustainability and CSR initiatives and programs
Benefits
Sophisticated owners recognize that the capital cost of a
facility may be less significant when compared with the total
cost of ownership over time. An integrated Life Cycle Cost
model enables capital and life cycle characteristics of
individual components, elements, and whole buildings to be
modeled and forecasted over the life of a proposed facility.
Interdependencies between variables are established and
comparison of multiple options provides a frame of reference
for making important long-term investment decisions. The
model can also be used to calculate carbon footprint, LEED,
energy and CO2 consumption, water consumption, and
capital allowances.
This approach also helps owners with separately funded
capital and operating budgets to understand the long term
impact of capital decisions.
The Rider Levett Bucknall model can be used at all stages of
the asset life cycle from inception, through design
development, and into operation.
In the case of most buildings, capital cost represents
less than 25% of the total cost of ownership.
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Lake Washington School DistrictCovering 76 square miles and supporting close to 24,000
students, Lake Washington School District is the public
school district for Kirkland, Redmond, and part of
Sammamish, just east of Seattle, Washington. The district
manages 3.2 million square feet of building property,
including 51 elementary, junior high, and high schools.
Since 2007, Rider Levett Bucknall has been working with the
Lake Washington School District to develop a Life Cycle Cost
model for its medium- and long-range bond planning. Populated
using operating and maintenance data from several schools
that have been recently constructed, the model indicated that
a minimal increase in the capital cost of the building can
produce a large savings throughout its useful life.
$650 million in savingsUtilizing input for a sample school project, a Life Cycle Cost
model indicated that capital expenditure of $2.1 million could
result in a savings of nearly $25 million over the 50-year life
cycle of the property (a little over $5 million in net present
value). If applied to determine design decisions for future
schools, this model could save the district approximately $650
million in operational, maintenance, and replacement costs
over 50 years.
Energy Usage and Carbon EmissionsThe Life Cycle Cost model contains data related to the
insulating properties of the school, typical exterior
temperatures for the region, and occupancy loads. From thisdata, the heat loss of the building is determined, which in turn
enables calculation of the energy use and carbon dioxide
emissions of the building.
For more information please visit www.rlb.com/life
Case Study
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Building QualityAssessmentThere is a critical link between the quality of a building and its ultimate
performance as an asset. Yet, there is no prevailing rating system in place to
measure a facilitys relative strengths and weaknesses in relation to industry
standards and tenant expectations.
Quick and cost effective assessment
Recommendations to achieve benchmarked standards
Identification of areas of deficiency with regards to quality, health and safety
Aid in strategic property decisions
Prioritization of future spendingBenefits
Our Building Quality Assessment service addresses this need
with a standardized method for quantifying and evaluating
building quality based on 54 standard criteria across 14
categories.The service provides a quality grade for a specific
facility based on its physical characteristics and an apples to
apples comparative analysis against other similar structures.
The analysis highlights categories where the facility did not
perform to the expected standards of quality and identifies
areas where upgraded capacity or utility could be considered
to enhance the grading performance of the building. Thisevaluation enables the optimization of the right mix of quality
factors to match investor, owner, and user objectives.
In 2006, Rider Levett Bucknall and others assisted the
Property Council of Australia in creating A Guide to Office
Building Quality for grading quality of existing offices and
providing design standards for new offices.
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For more information please visit www.rlb.com/life
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For more information please visit www.rlb.com/life
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Oceaniat. +61 2 9922 2277
think ahead