Life cycle cost Sample Clauses

Life cycle cost. For each item of Goods, Supplier shall provide a document called “Life Cycle Cost” (hereinafter “LCC”) at the latest on the date of the Contract entering into force. This document shall specify all costs related to maintenance operations and shall be registered in the data base selected by Purchaser. It shall form part of the contractual documents of the Contract. Supplier shall, in the LCC, make a commitment on the following parameters, which shall be defined in the Contract: - corrective maintenance: Reliability rate (medium kilometer between each failure or MKBF); - Medium Time To Repair the Equipment (MTTR) and raw medium cost (price of each partmultiplied by its own reliability rate) or a fixed repair price; - preventive maintenance: medium cost per kilometer on 2 years,5 years and 10 years; - costs of main maintenance operations and recommended frequency for those main maintenance operations. A LCC review shall be made by the Parties two (2) years after the commissioning by the Customer and before the end of warranty period defined in Article 16 (“Warranty”) herebove, and then every two (2) years to assess the consumption, the frequency of spare parts changes, the unit price and mounting and dismounting time. If pursuant to these reviews it appears that actual maintenance cost on the elapsed years is for the same period greater than the LCC initially submitted, Supplier shall: - analyze the causes of this gap; - implement an action plan to remedy this gap; - bear costs related to this action plan if the gap is attributable to Supplier. The price for the parts and spare parts specified in the LCC shall be a maximum price for those parts in the after-series phase.
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Life cycle cost. Analysis (LCCA) shall be submitted together with plans for review and approval with Phase I/II documents. Office of Educational Facilities’ Life Cycle Cost Guidelines for materials and Buildings for Florida’s Public Educational Facilities. OEF LCCA – 1 Life Cycle Cost Analysis form shall be used.
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Life cycle cost. Service Provider shall develop and review the design and construction documents, taking into account the quality of the materials and equipment, to ensure the most efficient design and minimum life cycle cost. The Service Provider shall evaluate Life Cycle Cost and Value options including, but not limited to: building envelope, HVAC, and lighting. Service Provider shall develop/update and submit a Life Cycle Cost Analysis as a part of each design submittal if required by the Service Order.
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Life cycle cost. For eachitemof Goods, Supplier shall provideadocumentcalled“Life Cycle Cost”(hereinafter “LCC”) atthe latest on thedate of the Contractentering into force. This documentshall specify all costs related tomaintenanceoperationsandshall be registered in thedatabase selected by Purchaser. It shall form part of the contractual documents of the Contract. Supplier shall, in the LCC, make a commitment on the following parameters, which shall be defined in the Contract: - corrective maintenance: Reliability rate (medium kilometer between each failure or MKBF); - Medium Time To Repair the Equipment (MTTR) and raw medium cost (price of each part multiplied by its own reliability rate) or a fixed repair price; - preventive maintenance: medium cost per kilometer on 2 years,5 years and 10 years; - costs of main maintenance operations and recommended frequency for those main maintenance operations.
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Life cycle cost. Analysis (NIC): CMR shall perform/update a Life Cycle Cost Analysis on design alternatives for building enclosure, HVAC, and Electrical (normal and low-voltage) systems at 50% Working Drawings stage. Life Cycle Cost Analysis shall include, but is not limited to: 5.2.1.2.1. Initial cost of system; 5.2.1.2.2. Energy consumption costs, based on the energy analysis prepared by the Architect; 5.2.1.2.3. Maintenance and custodial costs; 5.2.1.2.4. Life expectancy (may require life expectancy of subsystems); 5.2.1.2.5. Replacement costs (if applicable); and 5.2.1.2.6. Total cost of ownership over twenty-five (25) years.
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Life cycle cost. Analysis services consisting of updating previously prepared LCCA.
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Life cycle cost. Foreachitemof Goods, Suppliershall provideadocumentcalled“Life Cycle Cost”(hereinafter “LCC”) atthelatest on thedateofthe Contractentering into force. This document shall specify allcosts related tomaintenanceoperationsandshallbe registered in thedatabase selected by Purchaser. It shall form part of the contractual documents of the Contract. Supplier shall, in the LCC, make a commitment on the following parameters, which shall be defined in the Contract: - corrective maintenance: Reliability rate (medium kilometer between each failure or MKBF); - Medium Time To Repair the Equipment (MTTR) and raw medium cost (price of each part multiplied by its own reliability rate) or a fixed repair price; - preventive maintenance: medium cost per kilometer on 2 years,5 years and 10 years; - costs of main maintenance operations and recommended frequency for those main maintenance operations. A LCC review shall be made by the Parties two (2) years after the commissioning by the Customerand before the endofwarranty period defined in Article 16 (“Warranty”) herebove,
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Life cycle cost. Sensitivity Analysis investigates the impact of the most critical parameters (Key inputs) to the estimated cost throughout the life cycle of the examined project or in certain stages of each life (development, construction, operation, dismantling etc.). This analysis supports the comparison between different scenarios and the optimisation of the ship design procedures. Some endpoints and corresponding key inputs are presented below. Endpoints Key inputs Cost of the novel hybrid propulsion system Cost of materials Cost of machinery Cost of engine/ER Cost of steel per ton Cost of operation Average sailing days per year loaded Average days per year at port loading Average daily fuel/other consumption when sailing loaded Average daily fuel/other consumption when at port loading Average daily fuel/other consumption when at port discharging Cost per ton of fuel oil Endpoints Key inputs Estimate cost of construction based on shipowner requirements Cost of materials per ton for structures/compartment Cost of machinery Cost of engine/ER Welding cost per meter Cutting Steel/Cost per m length Sanding Steel/Cost per m2 Average Paint used/painting costs Cost of steel per ton Estimate cost of maintenance Average paint/chemicals consumed per year for scheduled & unscheduled maintenance Average paint/chemicals consumed during dry- docking/repair period Estimate cost of scrapping Scrap material Scrap recycled Estimate cost of retrofitting Cost of equipment and outfitting Cost of materials
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Life cycle cost. Analysis consisting of assessment, on the basis of established relevant economic consequences over a given time period, of: .01 A given planning and design solution for the Project .02 Alternative planning and design solutions for the Project .03 Selected systems, subsystems or building components proposed for the Project
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Related to Life cycle cost

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  • COST OF LIVING ALLOWANCE 29:01 All employees within the Bargaining Unit shall be paid a cost of living allowance based on the cost of living formula as set forth below: The cost of living allowance will be determined in accordance with changes in the Consumer Price Index, published by Statistics Canada (1961 = 100) and hereinafter referred to as the Consumer Price Index. The base Consumer Price Index shall be the Consumer Price Index for February 2016. The first (1st) cost of living adjustment shall be based on the Consumer Price Index of May, 2016, and each three (3) months thereafter compared to the base Consumer Price Index for February 2016. Cost of living adjustments shall be made on pay periods commencing 11:59 p.m. on the following dates: July 5, 2016; October 11, 2016; January 17, 2017; and April 10, 2017. The cost of living rate adjustment shall be One ($0.01) Cent per hour for each point five (.5) change in the Consumer Price Index. The cost of living allowance will be adjusted up or down if and as required for each quarterly period in accordance with the above mentioned formula, provided, however, that in no event will a decline in the Consumer Price Index below the figure as recorded for February, 2016, minus 2.5 points provide a basis for further reduction in the straight time rates set forth in Schedule "A" of the within Agreement. The amount of cost of living Allowance in effect at any time shall be included in computing vacation pay, holiday pay, call-in pay, sick pay, paid leave of absence and Workplace Safety Insurance Board payments. The amount of cost of living allowance shall be included in computing overtime pay except that there shall be no pyramiding as stated in clause 19:06 of the within Agreement. As of June 30, 2016, the cost of living rate adjustment less Five ($0.05) Cents* will be added to the base rates set forth in Schedule "A" in order to create new base rates - said new base rates to be effective as of July 1, 2016. Upon creation of new base rates as provided in the preceding paragraph, a new base Consumer Price Index shall be established and shall be calculated as being the Consumer Price Index for February 2016 minus 2.5 points. This article shall be frozen during the life of the Collective Agreement and no monies will be generated or paid during the term of the Collective Agreement. *The Five ($0.05) Cents referred to was folded into the Base Hourly Wage Rates noted in Schedule “A” effective July 1, 1986. The University of Windsor and C.U.P.E., Local 1001 recognize that some Employees in the Bargaining Unit are using the Sick Leave Plan for illness and various medical appointments above the normal average within the University staff. The Union believes it is the duty of the Employer to manage the Sick Leave Plan and the Union's duty to represent their members eligible to receive sick pay to the best of their ability. To assist the Employer with their concern over the use of the Plan and to protect the interest of the members against any possible erosion of the existing Plan, the Union agrees to counsel all employees by letter and by presentations at general meetings on the need for regular attendance. Further, the Union will encourage members, whenever possible, to schedule appointments after their shift has concluded or as near to the end of their shift as possible.

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