Whole-Life Cost

(redirected from Life Cycle Costs)

Whole-Life Cost

The total amount a company spends on an asset over its entire usable life. Examples of whole-life costs include planning, research, purchase price, and maintenance. Companies estimate the whole-life cost prior to purchasing a new asset to determine whether or not it will be cost effective. It is also called the life cycle cost.
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Contract award criteria: Baseline weighting: cost criterion (when life cycle costs are used): price30 cost basis (when life cycle costs are used): quality70
Nortek says the design combines high thermal efficiency, quality components and ease of maintenance for enhanced life expectancy and reduced life cycle costs.
Either way, the GAO language from the 2007/2008 protests reiterated comments I found in many historical LCC protests: "the evaluation of sustainment costs must be tailored to each offerors approach" and "hypothetical life cycle costs must have reasonable support." Regardless of how you interpret the details of either the CSAR-X or KCX protest, it does appear that they represented the "last straw" for LCC as a common component of DoD source selections.
With an outstanding mechanical resistance it provides superior hose life compared with standard nitrile and brings performances, food safety compliance and low life cycle costs together.
Caption: PDAP equips RMCAO member producers and their contractor customers to detail initial and life cycle costs for new concrete pavement and concrete overlay proposals.
For its customers this means low life cycle costs and lighter environmental footprint.
Sulzer Pumps has launched the most versatile Ahlstar end suction single-stage close coupled process pump series to meet the high standards of reliability and performance, enabling customers to have low life cycle costs and lighter environmental footprint.
The New HydroWhirl[TM] Orbitor is a versatile clean-in-place (CIP) rotating tank-cleaning machine that combines high-impact cleaning efficiency with extended operating life, reduced life cycle costs and simple on-site service.
Implementing a highly efficient three-phase AC technology drive system, proportional lift and lower control, optional electric power steering and a multifunction control tiller head, the EJC B14/EJC B16 heavy-duty electric walkie straddle stacker offers increased energy efficiency and reduced life cycle costs. Enhancements to the drive system include features such as proprietary software, better electrical components and optimized cable routing for longer battery life and more run time.
Therefore, the users of this technology analysed the life cycle costs of the data processing systems in order to better evaluate the effective overall costs before taking investment decisions.
Categories: March 3, 2011, Best practices, Comparative analysis, Cost analysis, Defense economic analysis, Documentation, Facility maintenance, Future budget projections, Life cycle costs, Maintenance costs, Military engineering, Military forces, Military vessels, Naval bases, Naval facilities, Naval Station Mayport, Florida, Shipyards, Strategic planning
"The addition of ResisTec anti-corrosive coatings will protect against performance degradation of HVAC systems, resulting in substantial reductions in life cycle costs for equipment," says Ahmed Zaatari, VP of Zamil Air Conditioners.
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