In 1982, Congress mandated that transit properties use life cycle costs in evaluating manufacturers' proposals for the procurement of buses. This study analyzes the results of 25 transit properties which utilized life cycle costs in their bus procurements. The purpose of this analysis is to enable transit properties to benefit from the experiences of others and enable them to avoid the pitfalls inherent in the first time use of life cycle costing procurement procedures. This is accomplished by a detailed evaluation of the transit properties. Invitation for Bids, the manufacturers' responses, and the methodologies used by the transit properties for evaluating the manufacturers' proposals. This evaluation indicates that different methodologies were used by the manufacturers in developing some of the same cost elements of their life cycle cost. The methodologies used resulted in significantly different cost estimates for essentially the same vehicle. This study shows the effect of these cost variations on the final award.
Life Cycle Costing Procurement Techniques
1984
458 pages
Report
No indication
English
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