4 Pa. Code § 1.311

Current through Register Vol. 54, No. 25, June 22, 2024
Section 1.311 - Definition

Life Cycle Costing is a method of calculating the total cost of ownership of an acquisition over its life span. It includes initial cost and expected subsequent costs of significance, as well as disposal value and another quantifiable benefits to be derived.

4 Pa. Code § 1.311