Present Worth Factors for Life-Cycle Cost Studies in the Department of Defense (1996). Data for DoD Compliance With the Federal Methodology for Life-Cycle Cost Analysis, Title 10, CFR, Part 436, Subpart A, and OMB Circular A-94.
Present Worth Factors for Life-Cycle Cost Studies in the
Department of Defense (1996). Data for DoD Compliance
With the Federal Methodology for Life-Cycle Cost
Analysis, Title 10, CFR, Part 436, Subpart A, and OMB
Circular A-94.
(4041 K)
Petersen, S. R.
NISTIR 4942-3; 60 p. October 1995.
Sponsor:
Department of Energy, Washington, DC
Available from:
National Technical Information Service
Order number: PB96-106869
Keywords:
costs; construction; life cycle; maintenance
Abstract:
This document provided 47 tables of present worth
factors to be used in computing the present worth of
future costs (or cost reductions) in economic analyses
of design decisions for projects in the DoD Military
Construction Program. These factors are especially
useful for the life-cycle cost analysis of investments
in buildings or building systems which are intended to
reduce future operating, maintenance, repair,
replacement, and energy costs over the life of the
facility. The tables include present worth factors for
both one-time costs and annually recurring costs, based
on the FEMP discount rate of 4.1% (FY 1996) for
energy-related studies and on the OMB discount rate of
4.6% and 4.9% for short-term and long-term non-energy
studies, respectively. Forecasts of future energy
prices used in the calculation of present worth factors
for energy costs were provided by the Energy Information
Administration.
Building and Fire Research Laboratory
National Institute of Standards and Technology
Gaithersburg, MD 20899