Specific disaster mitigation strategies that go beyond the requirements of the 2015 International Codes model building codes could save the nation billions of dollars, according to the National Institute of Building Sciences just issued Natural Hazard Mitigation Saves: 2017 Interim Report.
Investing in hazard mitigation measures to exceed select code requirements can save the nation $4 for every $1 spent, the report says. The report comes on the heels of the nation’s worst year of natural disasters in terms of cost. There were 16 events in 2017 with losses exceeding $1 billion, with total costs of about $306 billion, surpassing the record losses in 2005 by $100 billion.
Effective strategies to exceed minimum requirements of the 2015 I-Codes include:
– For flood resistance (to address riverine flooding and hurricane surge), building new homes higher than required by the 2015 International Building Code (IBC).
– For resistance to hurricane winds, building new homes to comply with the Insurance Institute for Business & Home Safety (IBHS) FORTIFIED Home Hurricane standards.
– For resistance to earthquakes, building new buildings stronger and stiffer than required by the 2015 IBC.
– For fire resistance in the wildland-urban interface, building new buildings to comply with the 2015 International Wildland-Urban Interface Code (IWUIC).
NIBS notes that while mitigation represents an excellent investment, not everyone is willing or able to bear construction costs for more resilient buildings, even if the long-term benefits exceed the up-front costs. Programs to help finance mitigation projects should align incentives from finance, insurance, government and other stakeholders, NIBS says.
Related Stories
| Mar 30, 2012
Chicago may allow people to live in retail spaces
The Chicago City Council’s Zoning Committee approved a zoning change that will allow up to 50% of work space in low-intensity business districts to be used for living space.
| Mar 30, 2012
LEED growing fast in the housing rental market
Last year, developers of 23,000 U.S. multifamily housing units applied for LEED certification.
| Mar 30, 2012
Forest Stewardship Council critical of proposed LEED 2012 changes
According to the Forest Stewardship Council (FSC), the third draft of LEED 2012, if approved as written, would represent a step backward from the current Certified Wood Credit.
| Mar 22, 2012
Symposium on water efficiency: How much more water can be saved?
The Third International Emerging Technology Symposium by IAPMO and the World Plumbing Council features a session on water efficiency.
| Mar 22, 2012
Broker doesn’t have to inform contractor that insurer went broke, California court rules
A California appellate court ruled that an insurance broker did not have a duty to inform a subcontractor that a project’s insurer had gone bankrupt.
| Mar 22, 2012
Public agencies shouldn’t negotiate project labor agreements, says AGC official
When a public agency rather than the contractor negotiates a PLA with unions, it interferes with the right of employers and workers to reach their own agreements on working conditions and benefits, says Steve Isenhart, president of the Associated General Contractors of Washington.
| Mar 22, 2012
Proposed rule would let crane operators get licenses without prior city experience
The Bloomberg administration is considering letting operators of giant tower cranes get their license without requiring that they first run cranes as apprentices in the city for three years.
| Mar 22, 2012
Bill would reintroduce “opt-out” provision in lead paint law
The Lead Exposure Reduction Amendments Act of 2012 (S2148) would restore the "Opt-Out" provision removed from the Environmental Protection Agency's Lead Renovate, Repair and Painting (LRRP) rule in April 2010.
