Economic Impact of Codes and Standards: A workshop on needs and resources |
| On Oct. 3, the International Code Council (ICC) and the National Fire Protection Association hosted a workshop on needs and resources, focusing on the economic impact of codes and standards. The purpose of the workshop was to review case studies, data and methodologies measuring the economic impacts of various sectors and assess how participants can inform similar studies related to codes and standards.
The presenters were from a wide range of industries, including government agencies and nonprofits such as the National Institute of Standards and Technology, the Government Accounting Office, the Department of Energy, the District of Columbia Department of Consumer and Regulatory Affairs, the National Association of Homebuilders, the International Association of Fire Chiefs and many more. Presentation topics included "Lifecycle Cost Effectiveness Methodology," "Economic Perspective from an Authority Having Jurisdiction" and "Economic Impact of Mitigation." Attendees participated in Q&A sessions with the presenters to gain further insights. Sara Yerkes, ICC senior vice president of government relations, facilitated a discussion on how economic decision tools can be used to evaluate the impact of codes and standards for one of four breakout sessions. Participants collaborated on and identified potential next steps for informing economic impact studies related to codes and standards. |