Overall Rating | Gold - expired |
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Overall Score | 67.05 |
Liaison | Manon Raby |
Submission Date | May 26, 2017 |
Executive Letter | Download |
Concordia University
OP-16: Life Cycle Cost Analysis
Status | Score | Responsible Party |
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1.00 / 1.00 |
Daniel
Gauthier Building Performance Coordinator Facilities Management |
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indicates that no data was submitted for this field
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Does the the institution employ Life Cycle Cost Analysis (LCCA) as a matter of policy and practice when evaluating energy and water-using products and systems?:
Yes
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Does the institution employ LCCA as a matter of policy and practice across the operations of the entire institution (i.e. all divisions)?:
Yes
None
A brief description of the LCCA policy(ies) and practice(s):
Life Cycle Cost Analysis is used by Facilities Management when evaluating energy- and water-related systems throughout the university.
Life cycle costs are carefully considered when replacing existing infrastructure and in the specifications of new projects. Elements such as energy use, training and maintenance requirements, physical durability and safety risks are all taken into account, when relevant.
For example, a recent cumulative lifecycle cost analysis was done for choosing appropriate air filters. This included taking into account the following aspects:
- Initial purchasing cost for each product
- Frequency of replacement of each type of products
- Frequency of cleaning of each type of products
- Average monthly energy cost of each type of products
A simulation and charts were created to show the real cost of each product over time.
None
The website URL where information about the institution’s LCCA policies and practices is available:
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Data source(s) and notes about the submission:
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