- Author
- Rawie, C. C.
- Title
- Estimating Economic Impacts of Building Codes. Final Report.
- Coporate
- National Bureau of Standards, Gaithersburg, MD
- Report
- NBSIR 81-2402, October 1981, 162 p.
- Distribution
- Available from National Technical Information Service
- Keywords
- cost benefit analysis | standards | fire safety | regulations
- Abstract
- This report describes a method for estimating the benefit and costs of proposed changes in building codes. A companion report by the author,Estimating Benefits and Cost of Building Regulations: A Step-by-Step Guide, published by the National Bureau of Standards as NBSIR 81-2223, provides a simplified description of the same basic method. The report shows the reader how to set up the problem, discount impacts to their present value, estimate code impacts on building costs, estimate effects on building safety, compute aggregate impact, and conduct a sensitivity analysis. One chapter discusses the problem of assigning as dollar value to life safety. Worksheet and an extnsive list of references, including sources of data on building cost and hazards, are included.