RCW 39.35B.030
155 words·~1 min read·
/wa/title-39/chapter-39-35b/39-35b-030A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
It is the intent of the legislature to:
(1)Expand the definition and use of "life-cycle cost" and "life-cycle cost analysis" to include consideration of all operating costs, as opposed to only energy-related costs as addressed by chapter 39.35 RCW;
(2)Encourage the recognition, development, and use of life-cycle cost concepts and procedures by both the executive and legislative branches in the state's design development and capital budgeting processes;
(3)Ensure the dissemination and use of a common and realistic discount rate by all state agencies in the calculation of the present value of future costs;
(4)Allow and encourage the executive branch to develop specific techniques and procedures for the state government and its agencies, and state universities and community colleges to implement this policy; and
(5)Encourage cities, counties, and other governmental districts including special purpose districts to adopt programs and procedures to implement this policy.
[ 1986 c 127 s 3 .]