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Australian Fire Engineering Guidelines abcb.gov.au Page 74 When using such considerations, it is recommended that the overall fire cost associated with a particular design be estimated. The FCE (present value) is: 𝐹𝐶𝐸 = Capital cost + 𝐴𝑛𝑛𝑢𝑎𝑙 𝑐𝑜𝑠𝑡𝑠 + 𝐸𝑥𝑝𝑒𝑐𝑡𝑒𝑑 𝑐𝑜𝑠𝑡 𝑜𝑓 𝑙𝑜𝑠𝑠𝑒𝑠
Where: Capital cost is capital cost associated with active and passive fire protection
Annual costs are annual costs for inspection and maintenance of fire equipment
Expected cost of losses
is expected cost of building and contents fire losses. |