Cost Forecasting Tool estimates building operation costs.November 23, 2011 -
Leveraging forecast engine that estimates 10 types of operating costs in addition to long-term recapitalization requirements, CostLab helps facility professionals estimate operating costs and justify facility budgets. Data for single building or entire building portfolio is stored online, and building wizard simplifies data entry. Complete library of labor and commodity cost data is provided along with pre-defined models that benchmark operating costs for diverse building types.
Original Press release
Whitestone Research
2050 Alameda Padre Serra Suite 200
Santa Barbara, CA, 93103
USA
Whitestone Releases New CostLab Online Reference Tool for Facility Costs Worldwide
SANTA BARBARA, Calif. -- Today, Whitestone Research has announced the launch of CostLab, a new online cost reference tool that helps facility professionals estimate operating costs and justify facility budgets. Whitestone provides life cycle cost intelligence to the world's largest property owners and management firms.
"No one but Whitestone can predict what it costs to run a building or campus virtually anywhere in the world," according to Peter Lufkin, founder and CEO of Whitestone, "and with CostLab we are providing that capability at a very affordable price. We expect many users of our cost books to switch to CostLab because of the ease of search and its forecast capabilities."
CostLab makes analyzing facility costs quick and simple. Data for a single building or your entire building portfolio are stored online. A building wizard simplifies data entry, and the powerful forecast engine estimates ten types of operating costs plus long-term recapitalization requirements. A complete library of labor and commodity cost data is provided for 370 North American and International locations. Pre-defined models benchmark operating costs for 75 building types around the world. See CostLab capabilities first hand in a two minute video.
A CostLab annual subscription starts at under $1,000, with substantial discounts for multiple seats. For more information, visitwhitestoneresearch.comor call 800 210-0137.
About Whitestone
Whitestone Research, with offices in Washington, DC and Santa Barbara, California, specializes in applied policy research and software development. Whitestone products and services are used every year by thousands of major corporations, government agencies, and public and private institutions. Other Whitestone products include the annual Whitestone Cost Reference books, the MARS Cost Forecast System, and Brickbits, the online residence cost tool.
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