Analysis of Running Costs of Commercial Buildings in Sri Lanka

Authorship

Achini Shanika Weerasinghe and Thanuja Ramachandra

Department of Building Economics, University of Moratuwa

Abstract

Buildings should be visualized for running costs, which entails a number of key cost components including operation and occupancy costs, and maintenance costs (renewal plus maintain) at the early stage of their life cycle. Hence, the information on different cost elements of running costs and their contributions would be helpful for effective decision making at the design stage. This research analyses the constitution and contribution of running costs of commercial buildings in Sri Lanka. The research was approached quantitatively where the costs data were extracted from financial documents of eight buildings according to standard cost classification systems of Building Maintenance Cost Information Service (BMCIS). The results show that the utility and administrative costs range between 29-38%, taxes and subsidies vary between 6-16%, the cost of cleaning contributes 10%, building services maintenance contributes 6-9%, general maintenance varies between 6-9%, and the insurance and external works range less than 1% of total running costs. So what? You need to write here the implication of this findings

Keywords

Commercial Buildings; Running Costs; Operational and Maintenance costs, Sri Lanka.