Life-Cycle Costing.
Life-Cycle Costing.
(600 K)
Marshall, H. E.; Petersen, S. R.
Mechanical Estimating Guidebook. Chapter 27. Sixth
(6th) Edition, McGraw-Hill, Inc., New York, NY,
Gladstone, J.; Humphreys, K. K., Editor(s), 407-417 p.,
1995.
Keywords:
life cycle; building construction; costs; air
conditioning; sensitivity analysis; mechanical
equipment; service life
Abstract:
Contractors and design professionals need practical
methods and guidelines for evaluating the economic
performance of mechanical systems in buildings.
Life-cycle cost (LCC) snalysis is one method for making
such evaluations. LCC analysis is used to evaluate
alternative systems which compete on the basis of coast.
Thus only candidate systems which satisfy all
performance requirements (e.g., code, safety, comfort,
and reliability requirements) can be legitimately
compared using the LCC method. The system alternative
with the lowest LCC over the project study period is the
most cost-effective choice.
Building and Fire Research Laboratory
National Institute of Standards and Technology
Gaithersburg, MD 20899