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LCC 001

This document contains forms for calculating the life cycle cost of centrifugal pumps. It includes a title sheet with project and equipment details. It also has a bid equalization work sheet to standardize cost comparisons between bids. Finally, it outlines formulas and inputs for calculating operating factors, annual operating hours, evaluation factors, operating costs, and total life cycle costs of the pumps.
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100% found this document useful (1 vote)
266 views4 pages

LCC 001

This document contains forms for calculating the life cycle cost of centrifugal pumps. It includes a title sheet with project and equipment details. It also has a bid equalization work sheet to standardize cost comparisons between bids. Finally, it outlines formulas and inputs for calculating operating factors, annual operating hours, evaluation factors, operating costs, and total life cycle costs of the pumps.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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LCC-001 (5/11/2015) SHEET 1 OF 4

Title Sheet for Centrifugal Pump Life Cycle Cost


Today's Date 9-Dec-19

Transmittal No. DATE:

SUBMITTED BY (Contact Name): BADGE # : INITIALS:

Contact Phone No. Originator's Office Loc.:


Contact Fax No.

Contact E-mail Address

Project Identification Information

BI/JO No.:

Project Title:

Purchase Order Information

ORIGINAL P.O. No.: Latest P.O. Change Order Number: Line Item No.

Equipment Information

Equipment Name:

OEM MFR NAME:

OEM VID Number (If known

MODEL NO.: SERIAL NO:

PARENT EQPT TAG NO.: EQPT. SERVICE:

EQPT SIZE (Kw) EQPT. SPEED (RPM):

EQPT CAPACITY (GPM, SCFM, etc.)

EQUIPMENT TYPE:

ADDITIONAL EQUIPMENT
CLARIFICATION:

PRIMARY
CONSTRUCTION
MATERIALS:

SPEC. DRAWING NO. (If known):


P & ID DRWG NO. (If known):

MANUFACTURER REFERENCE DRAWING NUMBER:

GENERAL COMMENTS AND ADDITIONAL INFORMATION:

LCC-001 (5/11/2015) SHEET 1 OF 4

Saudi Aramco: Company General Use


LCC-001 (5/11/2015) SHEET 2 OF 4

Centrifugal Pump Life Cycle Cost


API 610 CENTRIFUGAL PUMPS WITH EXCEPION OF FIRE & STORM WATER SERVICES
ONLY USE THIS FORM FOR PUMPS COVERED UNDER:
SAES-G-005 and 31-SAMSS-004

CONFIDENTIAL BID EQUALIZATION WORK SHEET


PUMPS
SR / kW-hr 0.36
DR 4.90%
SR to USD Rate 3.74
Today's Date 12/9/2019

Use this form to equalize only the technically acceptable bids by filling in the required data elements (yellow color coded areas).
If more than five bids require equalization, use additional sheets numbering them accordingly.

Development Calculated annual


number: operating hours: #DIV/0! Date:

Current Currency Flow Rate @


Conversion Rate 3.74 normal operating Unit GPM
condition

Vendor Name

IC Delivered
Price in USD

P Pump Power @
e Normal flow rate for
Pumped Fluid (kW)

Number of Pumps
being bought 0 0 0 0

Number of existing
Units will run the
equipment being bought 0 0 0 0

Number of Pumps
on Standby 0 0 0 0

Calculated
Operating Cost #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Calculated LCC, $ #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

This "CONFIDENTIAL BID EQUALIZATION WORK SHEET" should be attached to the "CONFIDENTIAL BID ANALYSIS
WORK SHEET" as backup.

If you have any questions on the proper use of this equalization, contact the LCC Steering Committee via E-mail or
related document standards committee chairman

Prepared by:

Comments:

LCC-001 (5/11/2015) SHEET 2 OF 4

Saudi Aramco: Company General Use


LCC-001 (5/11/2015) SHEET 3 OF 4

Centrifugal Pump Life Cycle Cost


API 610 CENTRIFUGAL PUMPS WITH EXCEPION OF FIRE & STORM WATER SERVICES

ONLY USE THIS FORM FOR PUMPS COVERED UNDER:


SAES-G-005 and 31-SAMSS-004

CONFIDENTIAL BID EQUALIZATION WORK SHEET


PUMPS

Terminology
IC = Total Delivered Initial Cost ($) of all Pumps being bought on this P/O.
Q = Volumetric flow rate @ normal operating condition (l/s, GPM, BPD, ..etc.)
P = Pump Power @ normal flow rate for pumped fluid (kW)
OF = Operating Factor
= Number of operating pumps divided by the total number of pumps being bought and existing pumps in the same service.
EC = Current Energy Cost ($/kW-hr)
AH = Annual Operating Hours (hr)
PV = Present Value Factor is based on the applicable discount rate provided by FPD for 20 years
EF = Evaluation Factor ($ / kW)
OC= Present value of the Operating Cost ($) for all pumps being bought for 20 years.
LCC = Life Cycle Cost ($) for all Pumps being bought on this P/O.
___________________________________________________
DATA INPUT
Data from Vendor Data from
Vendor 0 0 0 0 0 PMT / Proponent
IC ($) 0 0 0 0 0 EC 0.0963 $/kW-hr
P (kW) 0 0 0 0 0 DR 4.9%
PV 12.57
Q 0 GPM

SCECO ENERGY RATES


($/kW-hr)
SR / kW-hr 0.3600
SR to USD Rate 3.7400

FORMULAS
EF ($/kW) = PV * EC * AH AH (hr) = 8760 * OF

OC ($) = P * EF * No. of pump being bougt LCC ($) = IC + OC

OF=Operating pumps/total no. of pumps in the same service including new and existing pumps

OUTPUT

Vendor 0 0 0 0 0
Operating factor (OF) #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Calculated AH (hr) = #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Calculated EF ($/kW) = #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Calculated OC ($) = #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Calculated LCC ($) = #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

LCC-001 (5/11/2015) SHEET 3 OF 4

Saudi Aramco: Company General Use


LCC-001 (5/11/2015) SHEET 4 OF 4

PV=[(1+i)n – 1] / [i(1+i)n]
where: The Discount Rate varies based on the company annual guideli 4.90%
The 20 year Life of the pump is represented by 'n'. 20

n (1+ i)n (1+ i)n - 1 i(1+ i)n [(1+ i)n - 1] / [i(1+i)n]


1 1.049 0.049 0.051401 0.953288847
2 1.100401 0.100401 0.05391965 1.862048471
3 1.15432065 0.15432065 0.05656171 2.728358886
4 1.21088236 0.21088236 0.05933324 3.554202942
5 1.2702156 0.2702156 0.06224056 4.341470869
6 1.33245616 0.33245616 0.06529035 5.091964604
7 1.39774651 0.39774651 0.06848958 5.807401910
8 1.46623609 0.46623609 0.07184557 6.489420315
9 1.53808166 0.53808166 0.075366 7.139580853
10 1.61344766 0.61344766 0.07905894 7.759371642
11 1.6925066 0.6925066 0.08293282 8.350211289
12 1.77543942 0.77543942 0.08699653 8.913452135
13 1.86243595 0.86243595 0.09125936 9.450383350
14 1.95369531 0.95369531 0.09573107 9.962233890
15 2.04942638 1.04942638 0.10042189 10.450175300
16 2.14984828 1.14984828 0.10534257 10.915324404
17 2.25519084 1.25519084 0.11050435 11.358745857
18 2.36569519 1.36569519 0.11591906 11.781454583
19 2.48161426 1.48161426 0.1215991 12.184418096
20 2.60321336 1.60321336 0.12755745 12.568558719 12.57
LCC-001 (5/11/2015) SHEET 4 OF 4

Saudi Aramco: Company General Use

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