Cost benefit case study: Social housing refurbishment
This cost benefit analysis is based on a project to refurbish 100 social housing dwellings to reach the required "Decent Homes" standard . The project value is approximately £1.5 million. The study found that there was a total potential saving (net of implementation cost) of 0.48%.
Cost benefit analysis of social housing refurbishment. This analysis is based upon a stock of 100 dwellings requiring a total capital investment of £1.5m to reach the required standard (£15,000 per dwelling). This analysis is based upon a typical investment profile, where 80% of bathrooms are replaced, 90% of kitchens, windows and doors and heating systems, and 10% of roofs.
The case study consists of calculating the potential costs and benefits of carrying out waste management good practice during the refurbishment of social housing. The Net Waste Tool is used to identify the top opportunities to reduce and recover waste and to estimate the cost savings from implementing these measures.
Clients need to instruct contractors to reduce waste wherever possible, and identify non-landfill destinations for each of their waste streams. This information should be presented in the form of a programme-wide SWMP.
Contractors need to develop a SWMP that includes material logistics, packaging reduction, waste forecasts, waste segregation strategy, end destinations for waste and forecast recovery rates for the scheme.