Overall Rating Gold - expired
Overall Score 66.39
Liaison Shane Stennes
Submission Date Dec. 15, 2015
Executive Letter Download

STARS v2.0

University of Minnesota, Twin Cities
OP-16: Life Cycle Cost Analysis

Status Score Responsible Party
Complete 1.00 / 1.00 Denis Larson
Sustainability Coordinator
Purchasing
"---" indicates that no data was submitted for this field

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

Does the institution employ LCCA as a matter of policy and practice across the operations of the entire institution (i.e. all divisions)?:
Yes

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.


The website URL where information about the institution’s LCCA policies and practices is available:
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