LCC-001 (6/10/01)

SHEET 1 OF 4

Title Sheet for Centrifugal Pump Life Cycle Cost

Today's Date
Transmittal No.

24-Nov-15
DATE:

SUBMITTED BY (Contact Name):

BADGE # :

Contact Phone No.

INITIALS:

Originator's Office Loc.:

Contact Fax No.

Contact E-mail Address

Project Identification Information

BI/JO No.:
Project Title:

Purchase Order Information

ORIGINAL P.O. No.:

Latest P.O. Change Order Number:

Line Item No.

Equipment Information
Equipment Name:
OEM MFR NAME:
OEM VID Number (If known
MODEL NO.:
PARENT EQPT TAG NO.:
EQPT SIZE (Kw)

SERIAL NO:
EQPT. SERVICE:
EQPT. SPEED (RPM):
EQPT CAPACITY (GPM, SCFM, etc.)

EQUIPMENT TYPE:
ADDITIONAL EQUIPMENT
CLARIFICATION:

PRIMARY
CONSTRUCTION
MATERIALS:
SPEC. DRAWING NO. (If known):
P & ID DRWG NO. (If known):
MANUFACTURER REFERENCE DRAWING NUMBER:

GENERAL COMMENTS AND ADDITIONAL INFORMATION:

LCC-001 (6/10/01)

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LCC-001 (6/10/01)

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Centrifugal Pump Life Cycle Cost

API 610 CENTRIFUGAL PUMPS 1000 HP AND LARGER WITH EXCEPION OF FIRE & STORM WATER SERVICES
ONLY USE THIS FORM FOR PUMPS COVERED UNDER:
SAES-G-005 and 31-SAMSS-004
CONFIDENTIAL BID EQUALIZATION WORK SHEET
CCC's: 310049; 310052; 310056; 310057; 310207; through 310211; and 310220
SR 0.12 / kW-hr

0.12

SR to USD Rate

3.74

Today's Date

11/24/2015

Use this form to equalize only the technically acceptable bids by filling in the required data elements (yellow color coded areas).
If more than five bids require equalization, use additional sheets numbering them accordingly.
Development
number:

Calculated annual
operating hours:

#VALUE!

Date:

3.74

Flow Rate @
normal operating
condition

Calculated
Operating Cost

#VALUE!

#VALUE!

#VALUE!

#VALUE!

#VALUE!

Calculated LCC, $

#VALUE!

#VALUE!

#VALUE!

#VALUE!

#VALUE!

Current Currency
Conversion Rate

Unit GPM

Vendor Name

IC

Delivered
Price in USD

Pump Power @
Normal flow rate for
Pumped Fluid (kW)
Number of Pumps
being bought
Number of existing
Units identical to the
equipment being bought

Number of Pumps
on Standby

This "CONFIDENTIAL BID EQUALIZATION WORK SHEET" should be attached to the "CONFIDENTIAL BID ANALYSIS
WORK SHEET" as backup.
If you have any questions on the proper use of this equalization, contact the LCC Steering Committee via E-mail or go to
our Web Site on the intranet (lcc@aramco.com.sa).
Prepared by:
Comments:

LCC-001 (6/10/01)

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LCC-001 (6/10/01)

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Centrifugal Pump Life Cycle Cost

API 610 CENTRIFUGAL PUMPS 1000 HP AND LARGER WITH EXCEPION OF FIRE & STORM WATER SERVICES
ONLY USE THIS FORM FOR PUMPS COVERED UNDER:
SAES-G-005 and 31-SAMSS-004
CONFIDENTIAL BID EQUALIZATION WORK SHEET
CCC's: 310049; 310052; 310056; 310057; 310207; through 310211; and 310220

Terminology
IC = Total Delivered Initial Cost ($) of all Pumps being bought on this P/O.
Q = Volumetric flow rate @ normal operating condition (l/s, GPM, BPD, ..etc.)
P = Pump Power @ normal flow rate for pumped fluid (kW)
OF = Operating Factor
= Number of operating pumps divided by the total number of pumps being bought and existing pumps in the same service.
EC = Current Energy Cost ($/kW-hr)
AH = Annual Operating Hours (hr)
PV = Present Value Factor = 5.85 based on 15% discount rate and 15 years
EF = Evaluation Factor ($ / kW)
OC= Present value of the Operating Cost ($) for all pumps being bought for 15 years.
LCC = Life Cycle Cost ($) for all Pumps being bought on this P/O.

___________________________________________________
DATA INPUT
Data from Vendor

Data from
PMT / Proponent
EC
0.0321
PV
5.85
Q

Vendor
IC ($)
P (kW)

$/kW-hr
GPM

SCECO ENERGY RATES

($/kW-hr)
SR 0.12 / kW-hr

0.1200

SR to USD Rate

3.7400

FORMULAS
EF ($/kW) = PV * EC * AH

AH (hr) = 8760 * OF

OC ($) = P * EF * No. of pump being bougt

LCC ($) = IC + OC

OF=Operating pumps/total no. of pumps in the same service including new and existing pumps

OUTPUT
Vendor
Operating factor (OF)
Calculated AH (hr) =

#VALUE!
#VALUE!

#VALUE!
#VALUE!

#VALUE!
#VALUE!

#VALUE!
#VALUE!

#VALUE!
#VALUE!

Calculated EF ($/kW) =
Calculated OC ($) =

#VALUE!

#VALUE!
#VALUE!

#VALUE!

#VALUE!

#VALUE!

#VALUE!

#VALUE!

#VALUE!
#VALUE!

Calculated LCC ($) =

#VALUE!

#VALUE!

#VALUE!

#VALUE!

#VALUE!

LCC-001 (6/10/01)

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LCC-001 (6/10/01)

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PV=[(1+i)n 1] / [i(1+i)n]
where:

The Discount Rate is 15% (expressed as a decimal)

0.15

The 15 year Life of the pump is represented by 'n'.

15

(1+ i)n

(1+ i)n - 1

i(1+ i)n

[(1+ i)n - 1] / [i(1+i)n]

1.15

0.15

0.1725

0.869565217

1.3225

0.3225

0.198375

1.625708885

1.520875

0.520875

0.22813125

2.283225117

1.74900625 0.74900625 0.26235094

2.854978363

2.01135719

1.01135719 0.30170358

3.352155098

2.31306077 1.31306077 0.34695911

3.784482694

2.66001988 1.66001988 0.39900298

4.160419734

3.05902286 2.05902286 0.45885343

4.487321508

3.51787629 2.51787629 0.52768144

4.771583920

10

4.04555774 3.04555774 0.60683366

5.018768626

11

4.6523914

3.6523914

0.69785871

5.233711849

12

5.35025011

4.35025011 0.80253752

5.420618999

13

6.15278762 5.15278762 0.92291814

5.583146955

14

7.07570576 6.07570576 1.06135586

5.724475613

15

8.13706163 7.13706163 1.22055924

5.847370099

16

9.35762087 8.35762087 1.40364313

5.954234868

17

10.761264

1.6141896

6.047160755

18

12.3754536 11.3754536 1.85631804

6.127965874

19

14.2317716 13.2317716 2.13476575

6.198231195

20

16.3665374 15.3665374 2.45498061

6.259331474

LCC-001 (6/10/01)

9.761264

SHEET 4 OF 4

5.85