| Overall Rating | Gold - expired |
|---|---|
| Overall Score | 65.06 |
| Liaison | Andrea Trimble |
| Submission Date | May 29, 2015 |
| Executive Letter | Download |
University of Virginia
OP-16: Life Cycle Cost Analysis
| Status | Score | Responsible Party |
|---|---|---|
|
1.00 / 1.00 |
Andrea
Trimble Director - Office for Sustainability Office for Sustainability |
Does the the institution employ Life Cycle Cost Analysis (LCCA) as a matter of policy and practice when evaluating energy and water-using products and systems?:
Does the institution employ LCCA as a matter of policy and practice across the operations of the entire institution (i.e. all divisions)?:
A brief description of the LCCA policy(ies) and practice(s):
The U.Va. Facility Design Guidelines are requirements for all projects on Grounds. They state: "University buildings shall be designed for at least a 40-year life with minimum life cycle cost rather than low first cost. All building components should be new and the most current model with readily available replacement parts for the expected life of each item." To support decision-making, U.Va. has developed an internal life cycle cost calculator, using standard LCCA methodology and U.Va.-specific numbers for utility rates and escalation, a discount rate, and a study period.
The website URL where information about the institution’s LCCA policies and practices is available:
Data source(s) and notes about the submission:
The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.