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 sum of present values of investment costs, capital costs, installation costs, energy costs, operating costs, maintenance costs, and disposal costs over the lifetime of the Project, product, or measure.
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.

More Definitions of Life-cycle cost

Life-cycle cost means the sum of present values of investment
Life-cycle cost means the expected total cost of ownership during the life of a product.
Life-cycle cost means the total cost of an item to the
Life-cycle cost means the initial cost and cost of operation
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 initial cost and cost of operation of a major facility or a critical governmental facil- ity over its economic life. This shall be calculated as the ini- tial cost plus the operation, maintenance, and energy costs over its economic life, reflecting anticipated increases in these costs discounted to present value at the current rate for borrowing public funds, as determined by the office of finan- cial management. The energy cost projections used shall be those provided by the department. The department shall update these projections at least every two years.
Life-cycle cost means the total cost to the Government of acquiring, operating, supporting, and (if applicable) dispos- ing of the items being acquired.