| Overall Rating | Gold - expired |
|---|---|
| Overall Score | 66.39 |
| Liaison | Shane Stennes |
| Submission Date | Dec. 15, 2015 |
| Executive Letter | Download |
University of Minnesota, Twin Cities
OP-16: Life Cycle Cost Analysis
| Status | Score | Responsible Party |
|---|---|---|
|
1.00 / 1.00 |
Denis
Larson Sustainability Coordinator Purchasing |
"---"
indicates that no data was submitted for this field
None
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
None
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):
The policy for the entire University of Minnesota is applied practice Life Cycle Cost Analysis. Life-cycle cost analysis is a tool to determine the most cost-effective option among different competing alternatives to purchase, own, operate, maintain and, finally, dispose of an object or process. Life Cycle Costing (LCC) is an important economic analysis used in the selection of alternatives that impact both pending and future costs. It compares initial investment options and identifies the least cost alternatives for the estimated life of the asset.
None
The website URL where information about the institution’s LCCA policies and practices is available:
---
Data source(s) and notes about the submission:
---
The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.