Current as of February 09, 2022 | Updated by FindLaw Staff
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Life cycle costs are the sum of the present values of—
(a) Investment costs, less salvage values at the end of the study period;
(b) Non-fuel operation and maintenance costs:
(c) Replacement costs less salvage costs of replaced building systems; and
(d) Energy and/or water costs.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 141. Municipal Financing § 141.133 - last updated February 09, 2022 | https://codes.findlaw.com/mi/chapter-141-municipal-financing/mi-comp-laws-141-133/
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