Flooring Life Cycle Cost Analysis Tool (LCCA)
Flooring Life Cycle Cost Comparison
The Life Cycle Cost Analysis tool makes it easy to weigh the expenses associated with different types of flooring throughout the life of the material - including initial cost comparison, life expectancy of flooring, floor installation cost, and floor maintenance cost. Select up to three surfaces from our floor installation comparison tool, and see which one will meet your investment over the next 30 years.
Finding Surfaces for Your Space and Budget
Our automated calculator makes it easy to compare floors and conduct a life cycle cost analysis for your next flooring update.
Analysis in 5 MinutesAvoid spending hours researching on flooring and its life cycle, we’ve done the research for you. Simply answer five questions and select up to three flooring materials for comparison to get your life cycle cost. That’s it!
Easily Customize Your ReportMake adjustments to your report so the data can be used to forecast accurate budgets and present recommendations to stakeholders. You can adjust pricing to incorporate labor and maintenance costs, we also have included the national average if you’re unsure.
Third-Party VerifiedAll the numbers used in our floor life cycle cost analysis have been verified by third-party experts in the flooring industry. If you disagree with any of the results, you can easily adjust the data for your specific building or geographic location.
According to Tarkett’s research, 92 percent of facility managers surveyed find Total Cost of Ownership (TCO) or LCCA to be key drivers in their decision making. The problem is that only 12 percent of those surveyed have actually conducted an LCCA. There are several reasons for this discrepancy: 1. There hasn’t been a reliable LCCA tool available, 2. Accurate cost analyses have been too time consuming, 3. Managers have a general lack of knowledge and resources to conduct an analysis
As a result of this, too often, the only financial information taken into account when making a commercial flooring selection is the initial purchase cost. This does not take into account the longer-term costs of installation, maintenance and premature replacement, which cause future budget constraints.
In response to this need, Tarkett has created a third-party assessed comparison tool that includes both resilient and soft surfaces. The tool includes a floor’s installed cost (national averages for product purchase, floor prep and installation costs), as well as maintenance costs, as calculated by The World Cleaning Industry Association (ISSA). The result is an unbiased cost analysis that helps facility managers feel confident in making informed purchase decisions.
- Special features of the LCCA tool:
- Compare up to three flooring categories at a time
- Default to the national averages for flooring costs, or use the sliding scales to adjust to known local costs
- A PDF with LCCA results are immediately sent to your inbox
- Phase II of the tool will include a mobile application
“Tarkett aims to create the easiest customer experience in the industry. We know that’s a tall order, but when we see a clear need like this, we get to work. The LCCA tool will help our sales team answer important questions about flooring options. But more importantly, it’s going to make our customers’ lives easier, by giving them the information they need with just a few quick clicks of the mouse. We’re really excited to offer this solution.” said Jeremy Salomon, Director, Channel and Segment Marketing for Tarkett North America.
Industry professionals can access the LCCA at https://flooringlifecyclecost.tarkettna.com.