Retrofitting Sustainable Urban Drainage Systems (SuDS) A Cost-Benefit Analysis Appraisal
Oluwayemi, Oladunjoye and Proverbs, David and Xiao, Hong (2022) Retrofitting Sustainable Urban Drainage Systems (SuDS) A Cost-Benefit Analysis Appraisal. Water, 14 (16). ISSN 2073-4441
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Abstract
Sustainable Urban Drainage Systems (SuDS) are known to help mitigate flooding whilst simultaneously delivering other positive outcomes, such as the provision of environmental, economic, educational, and business benefits. Despite this, there has been a relatively low uptake of SuDS in new developments and even less of an uptake in the opportunities for retrofitting SuDS in existing buildings. A major barrier to uptake has been a lack of understanding regarding the value of the benefits provided by SuDS. This study presents an appraisal of the costs and benefits derived from the retrofitting of SuDS in existing buildings and reveals some of the key decision-making considerations during the design and installation of such schemes. A qualitative research approach that included a number of case studies of successfully retrofitted SuDS schemes within public buildings was conducted. A novel feature of the research was the use of the Willingness to Pay (WTP) approach to value the tangible and intangible benefits provided by the various schemes from the perspectives of the property owners. The findings revealed that the retrofit provided a net value to the client of over £100,000 over 10 years, a mean CBA ratio of 5.3/10, and a return on investment (ROI) that would be achieved in less than 3 years. The importance of stakeholder engagement during the decision-making process was highlighted in helping to overcome many of the design, installation, and maintenance challenges. The findings demonstrate a significant ROI for these SuDs retrofit schemes and highlight useful approaches to overcoming the barriers in valuing the importance of the intangible benefits. In supporting the uptake of the retrofitting of SuDS, it is recommended that these benefits are given full consideration by property owners, urban planners, and architects during the design of retrofit schemes and throughout the decision-making stage.
Item Type: | Article |
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Identification Number: | 10.3390/w14162521 |
Dates: | Date Event 12 August 2022 Accepted 16 August 2022 Published Online |
Uncontrolled Keywords: | flooding; cost-benefit analysis; Willingness to Pay; return on investment |
Subjects: | CAH13 - architecture, building and planning > CAH13-01 - architecture, building and planning > CAH13-01-03 - landscape design |
Divisions: | Faculty of Computing, Engineering and the Built Environment > College of Built Environment |
Depositing User: | Hong Xiao |
Date Deposited: | 14 Sep 2022 11:01 |
Last Modified: | 20 Jun 2024 11:45 |
URI: | https://www.open-access.bcu.ac.uk/id/eprint/13541 |
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