Lifecycle cost definition

Lifecycle cost means the cost of owning and operating infrastructure, equipment, etc. over its expected lifetime, including the costs that it will incur within that time (maintenance, energy, water, etc.). When two or more products’ lifecycle costs are compared, the full cost of each product over its lifetime is considered.

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Lifecycle cost means an assessment of the complete cost of an item including initial engineering, design, and construction costs as well as ongoing operational and maintenance costs over the lifespan of the item.

Lifecycle cost means the total cost of ownership over the life of an asset including, but not limited to, purchase or lease cost, financing costs, taxes, incentives, operation, maintenance, depreciation, resale or surplus value, engine conversion, and the incremental cost of associated refueling infrastructure.

Examples of Lifecycle cost in a sentence

QUALITY ASSURANCE APPROACHES The RB-AMP (2019) includes: ● Inventory and condition of pavement and bridges on the National Highway System ● Asset management objectives and measures ● Performance gap identification ● Life-cycle cost and risk-management analysis ● A financial plan ● Investment strategies PERFORMANCE MEASURES CDOT submitted its most recent asset management plan to FHWA in June 2019.
Potential factors include:  Number of properties impacted if no action taken,  Number of roadways impacted if no action taken,  Benefits during 100-year storm events,  Benefits during minor storm events,  Capital cost,  Life-cycle cost,  Water quality benefits,  Constructability,  Requires land acquisition or UPRR permit,  Neighborhood distribution, and  Community development priorities.
Develop Energy Conservation Measures table Energy Life-Cycle Cost Analysis Life-cycle cost energy savings evaluation / PAE led process 0 c.
Content of the report will include: ⚫ Problem definition ⚫ ROC water quality projections ⚫ Technology assessments ⚫ Development and evaluation of conceptual and feasible alternatives ⚫ Selection of the recommended alternatives ⚫ Development of the preliminary design of recommended alternatives (10%) ⚫ Life-cycle cost ⚫ Real estate needs ⚫ Estimated construction costs ⚫ Schedule ⚫ Regulatory requirements The budget estimate includes up to a total of 210 hours for this task.

More Definitions of Lifecycle cost

Lifecycle cost. - means the total cost of ownership over the life of an asset. This includes purchase or lease cost, operations and maintenance, depreciation, and resale or sur- plus value.

Lifecycle cost means the total of the direct/indirect, recurring/non-recurring, fixed/variable financial costs to City incurred in connection with the Work over the whole life of the Work, including the costs of designing and constructing the Work prior to Completion and occupying, using, operating and maintaining the Work after Completion.

Lifecycle cost means the total cost of ownership over the life of an asset, including, but not limited to, purchase or lease cost, financing costs, taxes, incentives, operation, maintenance, de- preciation, resale or surplus value, engine conversion, and the incre- mental cost of associated refueling infrastructure.

Lifecycle cost means the total cost to the District of acquiring, operating, supporting and (if applicable) disposing of the items being acquired.

Lifecycle cost means the cost of owning and operating a piece of equipment or an equipment system over its expected lifetime.

Lifecycle cost means the total of the direct/indirect, recurring/non-recurring, fixed/variable financial costs to JPA arising in connection with the Work over the whole life of the Work, including the costs of designing and constructing the Work before Completion and occupying, using, operating and maintaining the Work after Completion.

Lifecycle cost means the cost of a building, as determined by the methodology identified in the National Institute of Standards and Technology’s special publication 544 and interagency report 802040, available as set forth in the Code of Federal Regulations, Title 15, Part 230, including the initial cost of its construction or renovation, the marginal cost of future energy capacity, the cost of the energy consumed by the facility over its expected useful life or, in the case of a leased building, over the remaining term of the