life-cycle cost analysis
Defined in 1 place of the United States Code.
In this subsection, the term “life-cycle cost analysis” means a process for evaluating the total economic worth of a usable project segment by analyzing initial costs and discounted future costs, such as maintenance, user costs, reconstruction, rehabilitation, restoring, and resurfacing costs, over the life of the project segment.
Source
- 2021–present23 U.S.C. § 106Highways · Project approval and oversight · in this section
Life-cycle cost analysis defined.—In this subsection, the term "life-cycle cost analysis" means a process for evaluating the total economic worth of a usable project segment by analyzing initial costs and discounted future costs, such as maintenance, user costs, reconstruction, rehabilitation, restoring, and resurfacing costs, over the life of the project segment.
Source
- 1998–202623 U.S.C. § 106Highways · Project approval and oversight · in this section