ISO 20400:2017 - Sustainable Procurement
Clause 7: Integrating sustainability into the procurement process – ISO 20400:2017 - Sustainable Procurement

ISO 20400:2017 - Sustainable Procurement 7.2.3: 7.2.3 Analysing the costs

All costs over the lifetime should be considered, with life cycle costing covering total cost of ownership (purchase price and associated costs, operating costs including energy, water, spares and maintenance, end-of-life costs) and monetisable externalities (for the organization the costs and benefits of risks and opportunities; for society environmental and social externalities); procurement documents should state the data tenderers must provide and the method used to determine life cycle costs.

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