An algorithm for separating the bulk and surface components of recombination lifetime, tailored for contactless measurement techniques with laser excitation, is presented in the paper. In order to analyze the carrier decays and substract the surface recombination term, two lasers operating at 910 and 830 nm are applied. A separation of carrier decay resulting from the different contribution of surface and bulk components due to difference in the light absorption is observed for such a case. This separation is a function of surface recombination velocity S. An experimental verification of the analysis is presented using microwave absorption/reflection measurements.