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Scope

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.

Keywords

Corrugated steel pipe; Cost analysis; Discount rate; Drainage materials/systems; Engineering econom; Least cost; Life-cycle cost (LCC) analysis; Material service life; Present-value analysis; Project design life; life-cycle cost analysis-corrugated metal pipe, used for culverts/storm; sewers/other buried conduits, practice,;Order Form; ICS Number Code 03.100.50 (Production. Production management); 23.040.01 (Pipeline components in general. Pipelines)

To find similar documents by ASTM Volume:

01.06 (Coated Steel Products)

To find similar documents by classification:

03.100.50 (Production. Production management)

23.040.01 (Pipeline components and pipelines in general)

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