Lowest Ultimate Cost definition
Lowest Ultimate Cost means the costs that results in the lowest cost of ownership, operation or purchase to the Corporation. This cost is derived from the consideration of all factors, such as price, quality, service, terms, conditions and warranties.
Lowest Ultimate Cost means the cost that results in the lowest cost of ownership, operation, or purchase to the Corporation. This cost is arrived at after considering all factors such as price, quality, service, terms and conditions and warranties.