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Released: 01.04.2020
ASTM E1121-15R20E01 - Standard Practice for Measuring Payback for Investments in Buildings and Building Systems
Standard Practice for Measuring Payback for Investments in Buildings and Building Systems
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| Standard number: | ASTM E1121-15R20E01 |
| Released: | 01.04.2020 |
| Status: | Active |
| Pages: | 9 |
| Section: | 04.11 |
| Keywords: | benefit-cost analysis; building economics; economic evaluation methods; engineering economics; investment analysis; life-cycle cost analysis; maximum acceptable payback period; net benefits; net savings; payback; sensitivity analysis; simple payback; |
DESCRIPTION
1.1 This practice provides a recommended procedure for calculating and applying the payback method in evaluating building designs and building systems.
1.2 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.