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ASTM E 917 : 2017

Superseded
Superseded

A superseded Standard is one, which is fully replaced by another Standard, which is a new edition of the same Standard.

View Superseded by
superseded

A superseded Standard is one, which is fully replaced by another Standard, which is a new edition of the same Standard.

Standard Practice for Measuring Life-Cycle Costs of Buildings and Building Systems
Available format(s)

Hardcopy , PDF

Superseded date

08-07-2023

Language(s)

English

Published date

09-01-2017

1.1This practice establishes a procedure for evaluating the life-cycle cost (LCC) of a building or building system and comparing the LCCs of alternative building designs or systems that satisfy the same functional requirements.

1.2The LCC method measures, in present-value or annual-value terms, the sum of all relevant costs associated with owning and operating a building or building system over a specified time period.

1.3The basic premise of the LCC method is that to an investor or decision maker all costs arising from an investment decision are potentially important to that decision, including future as well as present costs. Applied to buildings or building systems, the LCC encompasses all relevant costs over a designated study period, including the costs of designing, purchasing/leasing, constructing/installing, operating, maintaining, repairing, replacing, and disposing of a particular building design or system.

1.4The values stated in inch-pound units are to be regarded as standard. The values given in parentheses are mathematical conversions to SI units that are provided for information only and are not considered standard.

1.5This 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.

Committee
E 06
DocumentType
Standard Practice
Pages
23
PublisherName
American Society for Testing and Materials
Status
Superseded
SupersededBy
Supersedes

ASTM E 1185 : 1993 : R1998 : EDT 1 Standard Guide for Selecting Economic Methods for Evaluating Investments in Buildings and Building Systems
ASTM E 2204 : 2015 Standard Guide for Summarizing the Economic Impacts of Building-Related Projects
ASTM E 1074 : 2015 Standard Practice for Measuring Net Benefits and Net Savings for Investments in Buildings and Building Systems
ASTM E 2204 : 2002 Standard Guide for Summarizing the Economic Impacts of Building-Related Projects
ASTM E 1369 : 2015 Standard Guide for Selecting Techniques for Treating Uncertainty and Risk in the Economic Evaluation of Buildings and Building Systems
ASTM E 1057 : 1999 Standard Practice for Measuring Internal Rate of Return and Adjusted Internal Rate of Return for Investments in Buildings and Building Systems
ASTM E 1057 : 2015 Standard Practice for Measuring Internal Rate of Return and Adjusted Internal Rate of Return for Investments in Buildings and Building Systems
ASTM E 1121 : 2015 Standard Practice for Measuring Payback for Investments in Buildings and Building Systems
ASTM E 1765 : 1998 Standard Practice for Applying Analytical Hierarchy Process (AHP) to Multiattribute Decision Analysis of Investments Related to Buildings and Building Systems
ASTM E 1121 : 1998 Standard Practice for Measuring Payback for Investments in Buildings and Building Systems
ASTM E 1185 : 2015 Standard Guide for Selecting Economic Methods for Evaluating Investments in Buildings and Building Systems

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