Life Cycle Cost Analysis (LCCA. This identifies alternative materials and systems to evaluate by preparing an economic assessment of all significant costs of ownership over the economic life of each alternative including: a. The projected initial cost of the system b. Projected yearly operational and maintenance costs c. Projected estimated replacement cost d. Projected estimated life expectancy e. Anticipated levels of performance LCCA shall be conducted for a minimum of one alternative mechanical and one alternative lighting system. With respect to design alternatives specifically in support of the Energy Efficiency program, the Design Professional shall assist with providing cost and performance information for approximately 10 energy conservation measures or combination of measures. Contact the University’s Representative for study life, utility rates, discount factors, escalation factors and benefit-to-infrastructure values. The results shall be presented in a spreadsheet format that shall identify both simple payback and present value of the evaluated options.
Appears in 2 contracts
Sources: Executive Design Professional Agreement, Executive Design Professional Agreement