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Key Objective: 70. Use Life-Cycle Cost Analysis for Major Purchases

Charge purchasing entity (dept. etc.) costs of disposal of consumed products, and use full-cost accounting and life-cycle analysis structures for major purchases.

Associated Metric

No metric specified for this objective

Explanation

"The University will implement full-cost accounting and life-cycle analysis structures on all campus building projects of more than $1 million in fiscal year 2011 and on all major campus purchases (total exceeding $25,000) by 2015."