ASTM E1074-15R20E01 - Standard Practice for Measuring Net Benefits and Net Savings for Investments in Buildings and Building Systems
Standard Practice for Measuring Net Benefits and Net Savings for Investments in Buildings and Building Systems
| Standard number: | ASTM E1074-15R20E01 |
| Released: | 01.04.2020 |
| Status: | Active |
| Pages: | 14 |
| Section: | 04.11 |
| Keywords: | benefit-cost analysis; building economics; economic evaluation methods; engineering economics; life-cycle cost analysis; net benefits; net savings; |
1.1 This practice covers a recommended procedure for calculating and interpreting the net benefits (NB) and net savings (NS) methods in the evaluation of building designs and systems.
1.2 The values stated in inch-pound units are to be regarded as standard. The values given in parentheses are mathematical conversions to SI units that are provided for information only and are not considered standard.
1.3 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety, health, and environmental practices and determine the applicability of regulatory limitations prior to use.
1.4 This international standard was developed in accordance with internationally recognized principles on standardization established in the Decision on Principles for the Development of International Standards, Guides and Recommendations issued by the World Trade Organization Technical Barriers to Trade (TBT) Committee.