ASTM E1074-06e2
Standard Practice for Measuring Net Benefits and Net Savings for Investments in Buildings and Building Systems

Standard No.
ASTM E1074-06e2
Release Date
2006
Published By
American Society for Testing and Materials (ASTM)
Status
Replace By
ASTM E1074-09
Latest
ASTM E1074-15(2020)e1
Scope

The NB (NS) method provides a measure of the economic performance of an investment, taking into account all relevant monetary values associated with that investment over the investor''s study period. The NB (NS) measure can be expressed in either present value or equivalent annual value terms, taking into account the time value of money.

The NB (NS) method is used to decide if a given project is cost effective and which size or design for a given purpose is most cost effective when no budget constraint exists.

The NB (NS) method can also be used to determine the most cost effective combination of projects for a limited budget; that is, the combination of projects having the greatest aggregate NB (NS) and fitting within the budget constraint.

Use the NB method when the focus is on the benefits rather than project costs.

Use the NS method when the focus in on project savings (that is, reductions in project costs).

1.1 This practice covers a recommended procedure for calculating and interpreting the net benefits (NB) and net savings (NS) methods in the evaluation of building designs and systems.

ASTM E1074-06e2 history

  • 2020 ASTM E1074-15(2020)e1 Standard Practice for Measuring Net Benefits and Net Savings for Investments in Buildings and Building Systems
  • 2015 ASTM E1074-15 Standard Practice for Measuring Net Benefits and Net Savings for Investments in Buildings and Building Systems
  • 2009 ASTM E1074-09 Standard Practice for Measuring Net Benefits and Net Savings for Investments in Buildings and Building Systems
  • 2006 ASTM E1074-06e2 Standard Practice for Measuring Net Benefits and Net Savings for Investments in Buildings and Building Systems
  • 2006 ASTM E1074-06e1 Standard Practice for Measuring Net Benefits and Net Savings for Investments in Buildings and Building Systems
  • 2006 ASTM E1074-06 Standard Practice for Measuring Net Benefits and Net Savings for Investments in Buildings and Building Systems
  • 2004 ASTM E1074-04 Standard Practice for Measuring Net Benefits and Net Savings for Investments in Buildings and Building Systems
  • 1993 ASTM E1074-93(1998)e1 Standard Practice for Measuring Net Benefits for Investments in Buildings and Building Systems



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