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Budgets, Life Cycle Costing and Long Range Planning
When most owners look at roofing, they look at the materials
and the systems, and the only part of the cost they consider is the initial cost. But the cost to install a roof is only a portion of the total cost of owning a roof.
The practice of examining the cost of owning a roof over its
entire life is called life-cycle cost analysis. This is the best way
to truly compare the cost/value of roofing systems. Some
crucial questions to consider: How long do you expect to own
the building? If the answer is indefinitely, then the analysis
should be run for at least 20 years. Some people will use
30 years. The standard depreciation for roofing is 39 years. The manufacturer’s warranty should also be used as a baseline for projecting your systems’ estimated servicable life (10/15/20/25 year warranties are the most common).
There is no question that if someone knowledgeable looks at
the roof at least once a year (industry recommendation is twice a year), and the problem areas are corrected promptly, most commercial roofs will last significantly longer than their
warranties.
RaW Solutions can provide life-cycle costing information that
will help you determine what the right roof system is for your
needs. Maybe you only plan to be in your current facility for
another 5 years and your main concern is initial installation
cost. Maybe you plan to be in your facility for another 20 years
and are more interested in obtaining the lowest life-cycle cost
possible. Either way, RaW Solutions will help you to determine
what the best options are for your current and future needs.
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