The European Commission has published a new set of tools for procurers to assess lifecycle costs during their tender procedures.

ICLEI Europe, together with Ecoinstitut has developed the LCC tools on behalf of the European Commission, that are now available on the Commission’s GPP website. The new tools cover vending machines, imaging equipment, computers and monitors, indoor lighting and outdoor lighting.

Lifecycle costing is a practical approach to evaluate bids to determine the most economically advantageous offer.They show all costs that come with the purchase of different products, including maintenance and operation, and disposal. Under specific conditions laid out in the EU directives, environmental externalities may also be taken into account when calculating a products lifecycle costs. Taking lifecycle costs into account allows procurers to award contracts for more sustainable products and services,

If you would like to learn more about the LCC tools and how to use them, you can watch the LCC tools webinar, introducing the tools and their practical application here.