ASTM A1068 - 10(2015) - Standard Practice for Life-Cycle Cost Analysis of Corrosion Protection Systems on Iron and Steel Products

ASTM A1068 - 10(2015)

Standard Practice for Life-Cycle Cost Analysis of Corrosion Protection Systems on Iron and Steel Products

Status : Current   Published : January 2015

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HARDCOPY



1.1 This practice covers a procedure for using life-cycle cost (LCC) analysis techniques to evaluate alternative corrosion protection system designs that satisfy the same functional requirements.

1.2 The LCC technique measures the present value of all relevant costs of producing and rehabilitating alternative corrosion protection systems, such as surface preparation, application, construction, rehabilitation, or replacement, over a specified period of time.

1.3 Using the results of the LCC analysis, the decision maker can then identify the alternative(s) with the lowest estimated total cost based on the present value of all costs.

1.4  This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety and health practices and determine the applicability of regulatory limitations prior to use.




Standard NumberASTM A1068 - 10(2015)
TitleStandard Practice for Life-Cycle Cost Analysis of Corrosion Protection Systems on Iron and Steel Products
StatusCurrent
Publication Date05 January 2015
Normative References(Required to achieve compliance to this standard)No other standards are normatively referenced
Informative References(Provided for Information)No other standards are informatively referenced
Descriptors Cost analysis, Discount rate, Drainage systems, Engineering economics, Least cost, Life-cycle cost, Material service life, Present value analysis, Project design life
ICS77.060
PublisherASTM
FormatA4
DeliveryYes
Pages5
File Size80 KB
Price£40.00


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