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ASTM E 2453 : 2005

Superseded

Superseded

A superseded Standard is one, which is fully replaced by another Standard, which is a new edition of the same Standard.

View Superseded by

Standard Practice for Determining the Life-Cycle Cost of Ownership of Personal Property

Available format(s)

Hardcopy , PDF

Superseded date

11-11-2014

Superseded by

ASTM E 2453 : 2013

Language(s)

English

Published date

01-07-2005

€59.22
Excluding VAT

Committee
E 53
DocumentType
Standard Practice
Pages
3
PublisherName
American Society for Testing and Materials
Status
Superseded
SupersededBy

1.1 This practice covers the establishment of a process consensus model for determining the life-cycle cost (LCC) of personal property assets owned or used by an entity.

1.1.1 For businesses, these personal property assets are required to achieve financial returns from producing and selling goods or services, or both.

1.1.2 For institutions and agencies, these personal property assets are required to accomplish their primary mission.

1.2 Real and personal property assets may include capital (fixed) assets and movable, durable assets including: customer-supplied assets, rental/leased assets, contract/project direct-purchased assets, or expense items.

1.3 Asset service lives can be divided into four distinct stages, each with several separate yet interrelated substages: budgetary/planning, acquisition, utilization, and disposition. These primary stages are not intended to be all encompassing, but are offered as the basis for establishing LCC.

1.4 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety and health practices and to determine the applicability of regulatory limitations prior to use.

ASTM E 2811 : 2017 Standard Practice for Management of Low Risk Property (LRP)
ASTM E 2675 : 2009 : R2014 Standard Practice for Property Management System Outcomes
ASTM E 2135 : 2010 : REV A : R2017 : EDT 1 Standard Terminology for Property and Asset Management

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