1.1 This guide describes a generic economic methodology for evaluating investment decisions aimed to improve the ability of communities to adapt to, withstand, and quickly recover from, disruptive events. The methodology describes a framework for developing cost-effective community resilience strategies for new and existing constructed facilities— buildings, industrial facilities, and other critical infrastructure. This guide provides owners and managers of constructed facilities, architects, engineers, constructors, other providers of professional services for constructed facilities, and researchers and analysts with an approach for planning and comparing resilience strategies.
1.2 This guide frames the economic decision process by identifying and comparing the relevant present and future streams of costs and benefits to a community—the latter realized through cost savings and damage loss avoidance— associated with new capital investment into resilience to those generated by the status-quo.
1.3 This guide provides a means to increase the capacity of communities to objectively and effectively compare and contrast capital investment projects through consideration of benefits and costs while maintaining an awareness of system resilience. Topics related to non-market values and uncertainty are also explored.
1.4 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.
1.5 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.
ASTM E3130-21 Referenced Document
ASTM E1057 Standard Practice for Measuring Internal Rate of Return and Adjusted Internal Rate of Return for Investments in Buildings and Building Systems
ASTM E1074 Standard Practice for Measuring Net Benefits for Investments in Buildings and Building Systems
ASTM E1121 Standard Practice for Measuring Payback for Investments in Buildings and Building Systems
ASTM E1185 Standard Guide for Selecting Economic Methods for Evaluating Investments in Buildings and Building Systems
ASTM E1369 Standard Guide for Selecting Techniques for Treating Uncertainty and Risk in the Economic Evaluation of Buildings and Building Systems
ASTM E1699 Standard Practice for Performing Value Engineering (VE)/Value Analysis (VA) of Projects, Products and Processes
ASTM E1765 Standard Practice for Applying Analytical Hierarchy Process (AHP) to Multiattribute Decision Analysis of Investments Related to Buildings and Building Systems
ASTM E2204 Standard Guide for Summarizing the Economic Impacts of Building-Related Projects
ASTM E2506 Standard Guide for Developing a Cost-Effective Risk Mitigation Plan for New and Existing Constructed Facilities
ASTM E631 Standard Terminology of Building Constructions
ASTM E833 Standard Terminology of Building Economics*, 2024-04-21 Update
ASTM E917 Standard Practice for Measuring Life-Cycle Costs of Buildings and Building Systems
ASTM E964 Standard Practice for Measuring Benefit-to-Cost and Savings-to-Investment Ratios for Buildings and Building Systems
ASTM E3130-21 history
2021ASTM E3130-21 Standard Guide for Developing Cost-Effective Community Resilience Strategies
2018ASTM E3130-18 Standard Guide for Developing Cost-Effective Community Resilience Strategies