In this work, a combined power cycle which includes a HCCI (Homogenous Charge Compression Ignition) engine and two ORCs (Organic Rankine Cycles) is introduced. In the proposed cycle, the waste heats from the engine cooling water and exhaust gases are utilized to drive the ORCs. A parametric study is conducted to show the effects of decision parameters on the performance and on the total cost rate of cycle. Results of the parametric study reveal that increasing the pinch point temperature difference of evaporator and temperature of the condenser leads to reduction in both exergy efficiency and total cost rate of the bottoming cycle. There is a specific evaporator temperature where exergy efficiency is improved, but the total cost rate of the bottoming cycle is maximized. Also, a multi-objective optimization strategy is performed to achieve the best system design parameters from both thermodynamic and economic aspects. The exergy efficiency and the total cost rate of the system have been considered as objective functions. Optimization results indicate that the exergy efficiency of the cycle increases from 44.96% for the base case to 46.02%. Also, approximately1.3% reduction in the cost criteria is achieved. Results of the multi-objective optimization justify the results obtained through the parametric study and demonstrate that the design parameters of both ORCs have conflict effect on the objective functions. (C) 2016 Elsevier Ltd. All rights reserved.