The Department of Education and Early Development has revised the Life Cycle Cost Analysis Handbook. The publication provides guidance for utilizing life cycle costing required in statute and regulation for analyzing options in state funded capital improvement projects. If you are interested in commenting on this draft, you may e-mail your comments to Tim.Mearig@alaska.gov no later than May 10, 2018.

Major elements being addressed in this update include: updating references, giving guidance in utilization for component replacement, and providing an example life cycle analysis.

The draft publication, in a “tracked changes” format, is an attachment to this notice. The original 1999 edition is available for reference at:  https://education.alaska.gov/facilities/publications/LCCAHandbook.pdf