Common use of Life Cycle Cost Analysis Clause in Contracts

Life Cycle Cost Analysis. The term “Life Cycle Cost Analysis(es)” means an economic assessment of an item, system, or facility by considering all significant costs of ownership over an economic life, expressed in terms of equivalent costs. Refer to the California Trial Court Facilities Standards in the Performance Criteria Documents for Life Cycle Cost Analysis requirements.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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