Life cycle costing covers, insofar as they are relevant, all or some of the following costs in the life cycle of a product, service or work:
1° Costs borne by the purchaser or other users, such as :
a) Costs related to acquisition;
b) Costs related to use, such as the consumption of energy and other resources;
c) Maintenance costs;
d) Costs related to end-of-life, such as collection and recycling costs;
2° Costs attributed to environmental externalities and related to the product, service or work during its life cycle, provided that their monetary value can be determined and verified. These costs may include the cost of greenhouse gas emissions and other polluting emissions as well as other climate change mitigation costs.