Iowa Code 470.4 – Analysis approved
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Terms Used In Iowa Code 470.4
- Addition: means new construction equal to or greater than twenty thousand square feet of usable floor space that is heated or cooled by a mechanical or electrical system and is joined to an existing facility. See Iowa Code 470.1
- Facility: means a building having twenty thousand square feet or more of usable floor space that is heated or cooled by a mechanical or electrical system. See Iowa Code 470.1
- Life cycle cost analysis: means an analytical technique that considers certain costs of owning, using, and operating a facility over its economic life including but not limited to the following:a. See Iowa Code 470.1
- Public agency: means a state agency, political subdivision of the state, school district, area education agency, or community college. See Iowa Code 470.1
- Renovation: means a project where alterations, that are not additions, to an existing facility exceed fifty percent of the value of a facility and will affect an energy system. See Iowa Code 470.1
The life cycle cost analysis shall be approved by the public agency before contracts for the construction or renovation of a facility or the construction of an addition are let. A public agency may accept a facility design and shall meet the requirements of this chapter if the design meets the operational requirements of the agency and provides the optimum life cycle cost. The public agency shall retain a copy of the life cycle cost analysis and a statement justifying a design decision both of which shall be available for public inspection at reasonable hours.