George Washington University
OP-16: Life Cycle Cost Analysis

GW evaluates all stages of a product's life from the perspective that they are dependent on each other. The procurement office conducts this sort of evaluation when acquiring machinery (copiers, computers and vehicles etc.) and the Facilities/Real Estate division does the same when renovating and constructing new buildings for LEED standards.

The LCCA does not appear on a website at this time- there are plans to load it to the procurement website within the year. The procurement Manual, under section 5.6 states the following: 5.6 Energy Efficiency Considerations Life Cycle Costing It is the university’s policy to use the life cycle costs of goods, as developed and disseminated by the federal government, when feasible for university procurements. Where federal energy efficiency standards are established, life cycle costs shall be considered in the contracting for major energy-consuming goods. In determining life cycle costs, the university may consider the cost of the good, the energy consumption, maintenance costs, the costs of upgrades over the life of the item and the projected cost of energy over the useful life of the good, and the anticipated resale or salvage value of the product. Energy Efficiency Standards GW shall use energy efficiency standards prescribed by Energy Star for the purchase of energy consuming goods. Energy Star, through its website, provides a qualified list of goods meeting Energy Star’s minimum energy specifications, life cycle costing calculations, life cycle cost formula information, and qualified goods that meet Energy Star’s rating for using less energy and helping to protect the environment. Goods listed on the Energy Star websites’ list of qualified goods will be used as “acceptable brands and models” on response documents. The minimal energy specifications for goods listed on the Energy Star Qualified Goods list should be included in the line item specifications on all response documents for the purchase of major energy consuming goods.