Life cycle costs definition
Life cycle costs means the cost of owning, operating,
Life cycle costs means the cost of owning, operating, and maintaining the structure over the life of the structure. This may be expressed as an annual cost for each year of the facility's use;
Life cycle costs means all costs incurred to satisfy the Life Cycle Requirements;
Examples of Life cycle costs in a sentence
Life cycle costs shall be evaluated on a net present value basis.
Life cycle costs" means the cost of owning, operating, and maintaining the structure over the life of the structure.
Life cycle costs (or whole of life costs) are the average costs that are required to sustain the service levels over the longest asset life.
Life cycle costs include maintenance and asset consumption (depreciation expense).
Life cycle costs should be considered in planning the future capital facilities and infrastructure needs.
More Definitions of Life cycle costs
Life cycle costs means specific and quantifiable costs associated with an item over its useful
Life cycle costs means the sum of the 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 costs means the sum of all costs of the Project over its useful life, and includes the cost of design, construction, acquisition, operation, maintenance and salvage/resale value.
Life cycle costs means all costs incurred to satisfy the Life Cycle Requirements; “Life Cycle Payment” has the meaning set out in Schedule 8 [Payments];
Life cycle costs means the overall estimated costs for a particular project over the time period corresponding to the life of the program, including planning, acquisition, implementation, operation and maintenance, and disposal.
Life cycle costs means the cost of a product or service throughout its life including, but not limited to, maintenance, staffing, training, waste disposal, disposal costs, etc.
Life cycle costs means the sum of all recurring and one-time costs related to the procurement, ownership, operation, maintenance and disposal of an asset or process.