The principal objective of the CILECCTA project is to bring together a top class consortium of academic and industrial researchers, associations and enterprises – both SMEs and LEs – to develop a suite of software that is: capable of full Life Cycle Cost Analysis (LCCA); compatible with codified Price Banks (PBs) and Life Cycle Inventories (LCIs) across Europe; customisable / configurable for whole assets and their components; and which will enable the assessment of sustainable options to provide decision support. The development of the CILECCTA concept has been propelled by four sets of drivers: Building industry drivers – The European Construction Technology Platform has published three major strategic priorities for the industry: • Meeting client/user requirements • Becoming sustainable • Transformation of the construction sector (i.e. its industrialisation) EC drivers for LCC – The EC has recommended ‘the development of a common LCC methodology at European level, incorporating the overall sustainability performance of building and construction’ to achieve sustainable building practices and improve resource efficiency. End-user / client drivers – Clients need to plan with increased certainty and require New Generation Whole Life Costing Tools and analysis of the resultant Life Cycle Options (LCOs) to achieve this Commercial drivers – The consortium members are all driven by the desire to research, improve and commercialise LCCA. To align with these drivers we have assembled a consortium of 20 partners including universities, RTOs, IAGs, LEs and 10 SMEs. They have developed a work programme over four years with the principal scientific objective of researching and developing the theory of LCCA and its compatibility with codified PBs and LCIs. The application of sustainable LCOs to real assets will be proved in three large-scale demonstration construction projects prior to dissemination and commercial exploitation of the project results.