PURCHASING PROCEDURES - University of Central Lancashire
PURCHASING PROCEDURES - University of Central Lancashire
PURCHASING PROCEDURES - University of Central Lancashire
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
What is „whole life costing’?<br />
Whole life costing asks that the purchase <strong>of</strong> equipment or a service be costed through to the<br />
end <strong>of</strong> the expected life <strong>of</strong> the equipment or project. This will include but not limited to,<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Initial purchase cost<br />
Delivery and implementation costs<br />
Consultancy, manuals and Training<br />
Annual maintenance and licensing costs,<br />
Consumables and spares<br />
Upgrades<br />
Insurance<br />
Resale or trade in value<br />
It is important that the Purchasing Office is included early on in the bid process as they can<br />
advise in more depth, the various requirements involved in a „high value‟ purchase. The<br />
Purchasing Office has an extensive website which includes guidance notes on most topics<br />
involved with purchasing equipment (goods) and services.<br />
This can be found at - Purchasing Office<br />
or alternatively contact the Purchasing Office on extension 2220.<br />
Purchasing Procedures December 2011
Change language