- Author
-
Rawie, C. C.
- Title
- Estimating Benefits and Costs of Building Regulations: A Step by Step Guide.
- Coporate
- National Bureau of Standards, Gaithersburg, MD
- Report
-
NBSIR 81-2223,
June 1981,
92 p.
- Distribution
- Available from National Technical Information Service
- Keywords
-
cost benefit analysis
|
standards
|
economic factors
|
regulations
|
construction
|
conservation
|
fire safety
- Abstract
- This is a how-to guide intended to help building officials, elected officials, builders, architects, engineers, and others determine the benefits and costs of proposed building code changes. The guide describes seven steps in the benefit-cost analysis. They are: (1) define the problem, including selecting prototype buildings to analyze; (2) estimate impacts on building-related costs, including government costs: (3) estimate impacts on building safety and performance; (4) select a method of relating benefits and costs (the recommended measure is Net Monetary Benefits together with information on physical life safety impacts); (5) estimate aggregate impacts on the code jurisdiction as a whole; (6) perform a sensitivity analysis; and (7) write up the results, being careful to present information on non-monetary as well as monetary effects. Worksheets are provided to assist in the analysis.