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Life-cycle costing

693 bytes added, 23:24, 15 November 2013

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{{#ev:youtube|UoB5_7qQXZA|200|right|<center>Piloting life-cycle costing for water in Mozambique</center>}}

{{#ev:youtube|J70iXmHR3yE|200|right|<center>The use of life-cycle costs in WASHTech</center>}}

Financial frameworks account for all '''life-cycle costs''', especially for major capital maintenance, support to service authorities and service providers, and monitoring and regulation.

Moving beyond the time-limited project approach to indefinite sustainability means taking into account the full life-cycle costs of water delivery systems. Life-cycle costs (LCC) are the costs of ensuring adequate water, sanitation and hygiene services to a specific population in a determined geographical area - not just for a few years but indefinitely. LCC include the costs of constructing new systems, maintaining them in the short- and long-term, and at higher institutional levels. Costs for both district and national level administration and planning are taken into account, as well as the costs of replacing and extending infrastructure.

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===A versatile tool===

===Further reading===

* More information on the life-cycle cost approach and other publications on the topic are available at [http://www.washcost.info WASHCost] and [http://www.akvopedia.org/wiki/Life_Cycle_Cost_Approach Akvopedia]. * [http://www.waterservicesthatlast.org/media/publications/life_cycle_costs_building_block_summary_sheet Life-cycle costs building block summary sheet]. Water Services That Last. IRC. ===Acknowledgements===* [http://www.waterservicesthatlast.org/resources/building_blocks/financing_to_cover_all_life_cycle_costs Financing to cover all life-cycle costs]. Water Services That Last. IRC. : [[File:IRC logo.png|left|60px|alt=IRC logo.gif|link=http://www.irc.nl/]] __NOTOC__ <small-title />

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