In Alaska Stat. § 35.10.160 – 35.10.200,

(1) “life cycle costs” means analytic techniques that provide data to describe the first cost of procurement of public facilities through lease or construction, and the maintenance cost, operation cost, and occupancy cost of the facilities;

Terms Used In Alaska Statutes 35.10.200

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
(2) “policies” includes but is not limited to budget accounting and cost planning techniques, facility design techniques, and contractual techniques for the procurement of labor, materials, and contractual services.
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