Casebook. Life Cycle Costing in Equipment Procurement

Abstract

Life cycle costing (LCC) is an acquisition or procurement technique which considers operating, maintenance, and other costs of ownership as well as acquisition price, in the award of contracts for hardware and related support. The objective of the technique is to ensure that the hardware procured will result in the lowest overall ownership cost to the Government during the life of the hardware. This Casebook describes and illustrates the application of life cycle costing to competitive procurements of equipments below the level of major systems. The cases are based upon actual procurements, although some have been modified in the interest of clarity and comprehension. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Jul 01, 1970
Accession Number
AD0727274

Entities

Organizations

  • United States Department of Defense

Tags

Communities of Interest

  • Energy and Power Technologies
  • Engineered Resilient Systems
  • Ground and Sea Platforms
  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Acceptance Tests
  • Accuracy
  • Computer Programming
  • Connectors
  • Engineers
  • Environmental Tests
  • Failure Mode And Effect Analysis
  • Fuel Systems
  • Magnetic Materials
  • Maintenance
  • Management Personnel
  • Measurement
  • Organizational Structure
  • Test And Evaluation
  • Test Equipment
  • Test Facilities
  • Test Methods

Readers

  • Life Cycle Cost Analysis