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1.1 This practice covers a procedure for using life-cycle cost (LCC) analysis techniques to evaluate alternative drainage system designs using corrugated metal pipe that satisfies the same functional requirements.
1.2 The LCC technique measures the present value of all relevant costs of installing, operating, and maintaining alternative drainage systems, such as engineering, construction, maintenance, rehabilitation, or replacement, over a specified period of time. The practice also accommodates any remaining residual or salvage value.
1.3 Using the results of the LCC analysis, the decision maker can then identify the alternative(s) with the lowest estimated total cost based on the present value of all costs.
1.4 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety and health practices and determine the applicability of regulatory limitations prior to use.
2. Referenced Documents (purchase separately) The documents listed below are referenced within the subject standard but are not provided as part of the standard.
E917 Practice for Measuring Life-Cycle Costs of Buildings and Building Systems
ICS Number Code 03.100.50 (Production. Production management); 23.040.01 (Pipeline components in general. Pipelines)
UNSPSC Code 40170000(Pipe piping and pipe fittings); 81121500(Economic analysis)