Life-cycle cost definition

Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.
Life-cycle cost means the total cost to the Government of acquiring, operating, supporting, and (if applicable) dispos- ing of the items being acquired.

Examples of Life-cycle cost in a sentence

  • The reserve also includes an amount to cover future Lifecycle Cost prepayments.


More Definitions of Life-cycle cost

Life-cycle cost means the amortized annual cost of a product, including capital costs, installation costs, operating costs, maintenance costs, and disposal costs discounted over the lifetime of the product.
Life-cycle cost means the expected total cost of ownership during the life of a product.
Life-cycle cost means the sum of present values of investment
Life-cycle cost means the total cost of an item to the state over its estimated useful life, including costs of selection, acquisition, operation, maintenance, and where applicable, disposal, as far as these costs can reasonably be determined, minus the salvage value at the end of its estimated useful life.
Life-cycle cost means the total cost of an item to the state
Life-cycle cost means the initial cost and cost of operation
Life-cycle cost means the sum of present values of