Life-Cycle Costing Manual for the Federal Energy Management Program. 1995 Edition.
Life-Cycle Costing Manual for the Federal Energy
Management Program. 1995 Edition.
Fuller, S. K.; Petersen, S. R.
NIST Handbook 135; 1995 Edition; 210 p. February 1996.
Sponsor:Department of Energy, Washington, DC
Available from: Government Printing Office
Order number: PB96-172317
benefit cost analysis; building economics; building
technology; capital investment decisions; cost
effectiveness; economic analysis; energy conservation;
energy economics; life cycle cost analysis; public
buildings; renewable energy; water conservation
Handbook 135 is a guide to understanding the life-cycle
cost (LCC) methodology and criteria established by the
Federal Energy Management Program (FEMP) for the
economic evaluation of energy and water conservation
projects and renewable energy projects on all federal
buildings. It expands on the life-cycle cost methods and
criteria contained in the FEMP rules published in 10 CFR
436, Subpart A, which applies to all federal agencies.
The purpose of this Handbook is to facilitate the
implementation of the FEMP rules by explaining the LCC
method, defining the measures of economic performance
used, describing the assumptions and procedures to
follow in performing evaluations, giving examples, and
noting NIST computer software available for computation
and reporting purposes. An annual supplement to
Handbook 135, "Energy Price Indices and Discount Factors
for LCC Analysis", NISTIR 85-3273-X is also published by
NIST to provide the current discount rate and discount
factors needed for conducting an LCC analysis in
accordance with the FEMP rules. This annual supplement
is required when using Handbook 135. This new edition
of Handbook 135 replaces the 1987 version. The new
edition is extensively revised and organized around the
key steps in an LCC analysis. There are no longer
separate sections for new and existing buildings and for
solar programs, as the methodology no longer
distinguishes between these projects.