Pump Total Life-Cycle-Cost (LCC)
VE General Knowledge

Pump Total Life-Cycle-Cost (LCC)

Life-Cycle-Cost is Sum of all recurring and one-time (non-recurring) costs over the full life span or a specified period of a good, service, structure, or system. It includes purchase price, installation cost, operating costs, maintenance and upgrade costs, and remaining (residual or salvage) value at the end of ownership or its useful life, (
According to the Hydraulic Institute (, life-cycle-costing for pumps is calculated as following:

LCC = Cic + Cin + Ce + Co + Cm + Cs + Cenv + Cd


Cic = initial costs, purchase price (pump, system, pipe, auxillary services)

Cin = installation and commissioning cost (including training)

Ce = energy costs (predicted cost for system operation, including pump driver, controls, and any auxillary services)

Co = operation costs (labor cost of normal system supervision)

Cm = maintenance and repair costs (routine and predicted repairs)

Cs = downtime costs (loss of production)

Cenv = environmental costs (contamination from pumped liquid and auxiliary equipment)

Cd = decommissioning / disposal costs (including restoration of the local environment and disposal of auxiliary services).


Figure 1. Typical life-cycle cost for a pumping system (Courtesy of Hydraulic Institute)

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