This report provides an overview of the 26 standards developed within the ASTM Subcommittee on Building Economics, E06.81, along with a description of how these standards are being used to promote more cost-effective decisions for the design, construction, operation, and disposal of constructed facilities. The report includes descriptions of a terminology standard, seven standard classifications, four standard guides, and 14 standard practices. The standard classifications, standard guides, and standard practices are organized around four topic areas: (1) cost data presentation and analysis; (2) value analysis; (3) risk management; and (4) economic evaluation. The report contains a detailed case study illustrating how many of the subcommittees standards can be applied to a complex transportation project. The case illustration uses the design and construction of the Gateway Arch Bridge in Taylor, MI. The Gateway Arch Bridge was part of the reconstruction of Interstate 94 for the Super Bowl XL game held in 2006. The case illustration discusses the bridges innovative design and engineering features, the extensive use of prefabricated components as cost and schedule control measures, and the use of ASTM standards to achieve a balance between performance and life-cycle economy. The Gateway Arch Bridge won six awards, including two national awards. A major criterion in its selection as an award recipient was its cost effectiveness.
Citation: Special Publication (NIST SP) - 1098
NIST Pub Series: Special Publication (NIST SP)
Pub Type: NIST Pubs
Bridges, buildings, construction, cost data, economic evaluation, functional elements, infrastructure, risk management, standards, UNIFORMAT II, value analysis