Life Cycle Costing Life cycle costing (LCC) supports sustainable thinking – It avoids the ongoing cost trap of “lowest cost bids win contracts” …. …. and maintenance is for someone else LCC also allows us to really think long term – We can consider service lives of >100 years for some fundamental needs Water supply systems Infrastructure projects Coastal structures to protect land – We can also consider materials that we may have previously discounted Life cycle thinking positively supports GHG reduction – Around 9% of global GHG emissions results from road traffic – 1% of that 9% is due to standing traffic around infrastructure repair points
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