Applying Life Cycle Costing (LCC) in public procurement procedures of water infrastructure

New directives (2014/24/EU; 2014/25/EU) on Public Procurement „… promote a life-cycle costing approach” according to the EU Public Procurement Reform. Application of this approach however, raises several sector specific questions and faces a variety of practical challenges.

The symposium focuses on Life Cycle Costing (LCC), its role and application in water infrastructure investment projects. Understanding and application of Life Cycle Costing (LCC) in public procurements are emphasized through international best practices and examples presented by lecturers of different disciplines and stakeholder groups (service providers, industry, academia, public sector). The event aims to provide a multistakeholder overview on the topic as well as to draw up current and future challenges that should be overcome in order to improve decision-making of the field. The obvious need for methodological development and capacity building, and adequate tools for the application of LCC – such as Dynamic Cost Comparison Calculation (DCC) – are moreover highlighted.

Time: 2pm - 4pm in B 13 (on the premises of IFAT)

Further info on Life Cycle Costing according to the EU public procurement reform:

http://ec.europa.eu/internal_market/publicprocurement/docs/modernising_rules/reform/fact-sheets/fact-sheet-07-environmental_en.pdf

The program can be found in the link below: