LCC 001
LCC 001
BI/JO No.:
Project Title:
ORIGINAL P.O. No.: Latest P.O. Change Order Number: Line Item No.
Equipment Information
Equipment Name:
EQUIPMENT TYPE:
ADDITIONAL EQUIPMENT
CLARIFICATION:
PRIMARY
CONSTRUCTION
MATERIALS:
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.
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!
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:
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 $/kW-hr
P (kW) 0 0 0 0 0 DR 4.9%
PV 12.57
Q 0 GPM
FORMULAS
EF ($/kW) = PV * EC * AH AH (hr) = 8760 * OF
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!
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