The Public Contracts Regulations 2015 introduced Life Cycle Costing as an option at the award stage. This provides buyers with the option of costing a procurement in its entirety, from acquisition to disposal, as well as allowing for the consideration of environmental and social issues, such as carbon emissions or employment.
It is therefore necessary for contractors to consider the key issues and understand how this will interact with the new expanded range of award criteria which are available to buyers.
This webinar will look at some of the key aspects and offer tips on how to understand what the buyer really wants.