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Standard Practice for Measuring Benefit-to-Cost and Savings-to-Investment Ratios for Buildings and Building Systems
STANDARD published on 1.4.2006
Designation standards: ASTM E964-06
Note: WITHDRAWN
Publication date standards: 1.4.2006
SKU: NS-48624
The number of pages: 10
Approximate weight : 30 g (0.07 lbs)
Country: American technical standard
Category: Technical standards ASTM
Keywords:
benefit-cost analysis, benefit-to-cost ratio, building economics, engineering economics, investment analysis, savings-to-investment ratio, ICS Number Code 91.010.20 (Contractual aspects)
1. Scope | ||||||||||||||||||||||||
1.1 This practice covers a procedure for calculating and interpreting benefit-to-cost ratios (BCR) and savings-to-investment ratios (SIR) as an aid for making building-related decisions. 1.2 A basic premise of the BCR and SIR methods is that future as well as present benefits and costs arising from a decision are important to that decision, and, if measurable in dollars, should be included in calculating the BCR and SIR. 1.3 Dollar amounts used to calculate BCR and SIR are all discounted, that is, expressed in time-equivalent dollars, either in present value or uniform annual value terms. |
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2. Referenced Documents | ||||||||||||||||||||||||
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