Pricing & costCost concept

LC

Life-Cycle Cost

Definition

Life-Cycle Cost is the total cost of a system over its entire life span, including acquisition, operations, support, and disposal. LC analysis supports informed decisions by considering all costs rather than just initial procurement price.

LC considerations affect source selection and best value determinations. Understanding LC analysis helps contractors demonstrate total value beyond acquisition cost. LC emphasis encourages designs and solutions optimizing long-term cost effectiveness.

Ready to win federal contracts?

GovCon in a Box helps you find opportunities, research competitors, and build a winning capture strategy.

Explore Federal Contracting