Lycopodium Asset Management evaluated three new insulation products, alongside 3 other products already being used on GWA, to establish the most cost effective insulation solution for CUI/CSCC risk reduction for GWA.
The evaluation used a structured questionnaire to vendors, vendor presentations, current industry user engagements and independent research to collate technical and commercial information on each insulation option.
Services provided include:
- A systematic approach to rank the insulation options by using a scoring system that measured the conformity of each product to WEL Thermal and Acoustic insulation standards
- The grading of the commercial benefits of each insulation option.
- The presentation of findings from the evaluation in a concise manner that assisted WEL in making an informed decision to switch to a new insulation product.
- The processing of the selected option through the WEL Technology Identification and Qualification Assessment procedure prior to approval for use on GWA.
The selected insulation product saved $100,000 at each insulation replacement cycle and delivered an annualised operations cost savings of $20,000 whilst significantly reducing CUI/CSCC risks on GWA.
Lycopodium received WEL’s Performance Excellence recognition for the cost and risk reduction benefits the project delivered.