Abstract
This chapter focuses on the life-cycle cost calculations for this study. Net present value (NPV) technique is used to calculate the present value of money in life-cycle cost calculation. Present value of annuity (PVA) is considered for calculating the present value of annually recurring cost over the lifecycle of 60-year period. The discount rate is considered as 3.25%. Life-cycle cost data is obtained from six main central business districts across Australia. Life-cycle cost data is one of the significant inputs in this study because the proposed life-cycle cost model uses these cost data to select the optimum solutions. Cost calculations for each of the key credit criteria are illustrated under separate headings in this chapter.
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