Total Cost of Ownership calculators
The Total Cost of Ownership analysis provides a sustainability assessment by taking into account the total life cycle costs of a project when analyzing various solutions. More specifically, it aims to extend the concept of price in the calculation of tenders to include various maintenance, monitoring and other related costs incurred during the possession of the product until its end of life.
The Total Cost of Ownership analysis provides a sustainability assessment by taking into account the total life cycle costs of a project when analyzing various solutions. More specifically, it aims to extend the concept of price in the calculation of tenders to include various maintenance, monitoring and other related costs incurred during the possession of the product until its end of life.
ECPAR has developed a checklist that allows the user to take into account total property costs, as well as several case studies to illustrate its usefulness. Furthermore, ECPAR has
also developed the total cost of ownership calculators for the following eight products
• Lighting
• Accommodation
• Printers
• Office furniture
• Computers
• Cleaning products
• Cellular phones
• Workwear
• Corporate vehicles
These calculators are intended to provide buyers and applicants with key information in order to enable them to proceed with the responsible procurement of products. The Printers calculator is available free of charge via the ECPAR website.
