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
Codes and Standards | Jan 30, 2020
Dramatic demographic shifts poised to alter global workplace
By 2030, Millennials and Generation Z will dominate workforce.
Codes and Standards | Jan 29, 2020
Half of Manhattan’s new residential skyscrapers are empty
Excess comes as middle class housing shortage worsens.
Codes and Standards | Jan 28, 2020
Updated Engineered Wood Construction Guide now available
Provides guidance on building engineered wood floors, walls, and roofs.
Codes and Standards | Jan 24, 2020
Fenestration Rating Council earns ANSI certification
FenStar Certification Program ensures windows, doors, and skylights meet Energy Star specifications.
Codes and Standards | Jan 23, 2020
Rent control policies backfire on goal of boosting affordable housing
Natl. Apartment Assn. study says rent control decreases housing supply, harms condition of housing stock.
Codes and Standards | Jan 22, 2020
Potential energy savings from smart meters is largely unrealized
Most utilities underuse the technology that can help customers save money.
Codes and Standards | Jan 21, 2020
Contractors pay practices reviewed in new database
Fastest and slowest paying GCs revealed.
Codes and Standards | Jan 17, 2020
Several states with ambitious climate goals will have to restrict natural gas as a fuel
Buildings would have to heat and cook with electricity.
Codes and Standards | Jan 16, 2020
New solar-ready mandate affects commercial and residential buildings in St. Louis
All new buildings must have reserved rooftop sections for PVs.
Codes and Standards | Jan 15, 2020
Trump Administration blocks new light bulb efficiency standards
Move defies bipartisan 2007 law.