Life-Cycle Cost 4 : The sum of the acquisition costs (planning, investigation, design and construction) and the ownership costs (maintenance, rehabilitation, operating expenses, and disposal) of an asset over its entire life
Peter Milne and Kieran Sharp, ARRB Group, and Bob Ungers, consultant, Austroads Glossary of Terms (4th Ed.), Austroads Ltd., Sydney, NSW, Australia 2010. http://www.bicyclensw.org.au/files/u1/Austroads_Gl ossary_of_Terms_4th_edition.pdf (Road Trfc and Transp Sfty - Brit) {529}