Definition of benchmarks for the assessment of the economic performance of buildings

ABSTRACT: Standard EN 16627:2015 was created to support the development of assessment methodologies for the economic performance of buildings, within the sustainability concept. It is based on a life cycle analysis where the impacts and aspects allow characterization of the economic performance, but do not exhibit valorisation methods nor define reference values (benchmarks). The purpose of this paper is to present the benchmarks used for the normalization of the parameters of the hierarchic structure of a Methodology of Assessment of Economic Performance-Residential Buildings (MAEP-RB). This methodology implements a systematic and simultaneous assessment of the performance and economic sustainability of buildings. The results of the economic performance are expressed in monetary units and economic sustainability is expressed by an Economic Sustainability Index (A+, A, B, C, D, and E).