The costs of owning and operating buildings - Life-cycle costing of construction assets (BS 8544)

Free event

Date: Wednesday 18 September 2013 (09:30-12:30)

Location: etc.venues, One Drummond Gate, Victoria, London, SW1V 2QQ

BSI is publishing a new standard on the life-cycle costing of construction assets, BS 8544, which focuses on maintenance costs. 

To launch the standard, we are running a free half-day event to explain what the standard’s all about and its benefits. You’ll be able to hear case studies from leading professionals who are already using the principles of the standard, as well as a panel discussion with industry experts.

The standard is national guidance for clients, owners and operators of constructed assets and their construction advisors, including other relevant supply chain groups. It covers how to estimate long term costs  of owning and operating buildings.

BS 8544 Guide for life-cycle costing of maintenance during the in-use phases of buildings covers the operational / in-use phase of the life-cycle of construction assets. This will extend the approach covered in PD 156865:2008 to the 90% of buildings which are already operational, and will also allow users of the existing guidance to develop the life-cycle cost plans made during the planning, design and construction stages of the life-cycle into the operational phase.

The guidance in the standard is aligned with industry cost planning data structures and methodology given in the Royal Institution of Chartered Surveyors (RICS) New Rules of Measurement.

Who should attend?

  • Owner occupiers/operators/landlords
  • Facility managers/office managers
  • Building surveyors and service engineers
  • Engineering services and maintenance contractors
  • Admin directors/finance directors
  • Designers
  • Facility consultants
  • Public sector estate managers
  • Managing agents

Why attend?

  • Gain a quick understanding of the benefits of BS 8544
  • Hear practical case studies from those who have implemented the principles of the standard
  • Get an industry update from key industry players and associations
  • Find out about the implications for professionals and organizations
  • Network with industry experts and peers.
  • There is no charge for attending.


09:00   Registration
09:30   Opening remarks from conference chairman
    Andy Green, technical author of BS 8544 and RICS New rules of measurement Director, Faithful and Gould
09:35   An overview of BS 8544: What is BS 8544 for and why did it come about?
    Objectives of the new standard for life-cycle costing of maintenance works; how it can help to make for more informed decisions; the key benefits that can be realized.
Andy Green, technical author of BS 8544 with inputs from working group members
10:20   Cross-industry collaboration in producing BS 8544: linkage to other standards

Explaining the alignment of NRM data structure with B&ES SFG20 and CIBSE Lifts.
Bruce Kirton, B&ES, CEO of SFG20 publications
Jo Harris, CIBSE Guide M (maintenance task group) 

10:45   Implementing the standard: how does it help? A practical viewpoint

  Explaining the transformation impact of putting the BS standards into practice
Geoff Prudence, Chair of CIBSE FM Group 
11:20   Summary
    Chairman - Summing up the importance of having new maintenance standards and how this can help the UK Government's Efficiency and BIM agenda.
11:30   Morning refreshments

Panel discussion and interactive Q&A session

    Industry representatives and subject experts discuss the new standards (BS 8544) and the alignment of SFG20 and CIBSE to the RICS NRM.
Andy Green, technical author of BS 8544 and NRM 3 - Director, Faithful & Gould
Bruce Kirton, CEO of SFG20 publications, B&ES
Jo Harris, Guide M (maintenance task group), CIBSE
Geoff Prudence, Chair of FM Group, CIBSE
Other members of the cross industry technical working group 
12:20   Closing remarks from event Chair
    Andy Green, technical author of BS 8544 and NRM 3 - Director, Faithful & Gould

Networking lunch

13:30   Close