Estimating The Life-Cycle Costs Of Commercial Roofing Systems
Whether you are a building manager or owner of a commercial building, it’s undeniable that getting the right value for money is something that is almost always on your mind, and you want to focus on all types of costs so you can make the right decisions. Most of the time, commercial projects are focused or evaluated based on their initial costs, but the truth is that there is more to consider. Every roofing system has different life-cycle factors to be considered, and such factors can have severe effects. You can choose a roofing system that requires less maintenance but is expensive to install or go for one that offers considerable energy-saving value, but costly to install, or even choose a system that is cheap to install but needs expensive maintenance. With so many options to consider, what are the areas of concern that you want to look at when estimating life-cycle costs?
Estimating Life-Cycle Costs Of Commercial Roof Systems
This is one of the most significant costs that you have to deal with when setting up a commercial roof. Even though some individuals consider it as one large sum, it’s not, and is made up of the following costs:
- Cost of the roofing material to be installed
- Cost of installation
- Tear-off cost (might be required at times)
- Operational disruption cost
All of the above expenses have to be considered when determining the life-cycle cost of roof installation.
When estimating the total life-cycle cost, repairs also have to be considered as they have different requirements such as tools needed, products used, laborers, and others. Repairing your roof, therefore has several connected costs that may include but are not limited to:
- Clean-up costs
- Interior damage costs
- Costs of using temporary solutions before the repair is commenced
- Mold and mildew elimination costs
- Additional fees for emergency site visits and repair
This is another major area that has to be considered when determining life-cycle costs. Even though most commercial roofs are designed to last long enough, you still have to carry out some maintenance services to ensure that the roof serves you for as long as it’s meant to. That means factoring in maintenance costs as part of the life-cycle costs. That is also in consideration that different types of roofing material will require different maintenance services, which may vary the life-cycle cost.
Since most modern roofing products offer energy saving capabilities, that might mean some “profits” from cost-savings coming into your pocket. In some cases, you might even qualify for incentives, rebates, or even tax breaks, depending on your location. Such benefits affect the life-cycle cost of a commercial roof system by lowering the cost a tad.
Evaluating the warranty that comes with your commercial roof system is vital to avoid any exclusions or caveats that can affect the life-cycle cost. Keep in mind that warranties are different and that not all will cover the roof’s lifespan.
Other potential costs
Even though the above-listed are the most common areas to consider when estimating the life-cycle costs of any commercial roofing systems, additional costs may come up as a result of:
- Record keeping, and others
Evaluating the life-cycle costs of your building’s commercial roofing system is imperative to making important decisions that may affect the future. Paying attention to such expenses can make your building exist smoothly as you anticipate all costs, or make your building become a hassle as time goes by.