TY - JOUR AB - Purpose The purpose of this paper is to review and provide recommendations to extend the current open standard data models for describing monitoring systems and circular economy precepts for built assets. Open standard data models enable robust and efficient data exchange which underpins the successful implementation of a circular economy. One of the largest opportunities to reduce the total life cycle cost of a built asset is to use the building information modelling (BIM) approach during the operational phase because it represents the largest share of the entire cost. BIM models that represent the actual conditions and performance of the constructed assets can boost the benefits of the installed monitoring systems and reduce maintenance and operational costs.Design/methodology/approach This paper presents a horizontal investigation of current BIM data models and their use for describing circular economy principles and performance monitoring of built assets. Based on the investigation, an extension to the industry foundation classes (IFC) specification, recommendations and guidelines are presented which enable to describe circular economy principles and asset monitoring using IFC.Findings Current open BIM data models are not sufficiently mature yet. This limits the interoperability of the BIM approach and the implementation of circular economy principles. An overarching approach to extend the current standards is necessary, which considers aspects related to not only modelling the monitoring system but also data management and analysis.Originality/value To the authors’ best knowledge, this is the first study that identifies requirements for data model standards in the context current linear economic model of making, using and disposing is growing unsustainably far beyond the finite limits of planet of a circular economy. The results of this study set the basis for the extension of current standards required to apply the circular economy precepts. VL - 18 IS - 5 SN - 1726-0531 DO - 10.1108/JEDT-10-2019-0284 UR - https://doi.org/10.1108/JEDT-10-2019-0284 AU - Davila Delgado Juan Manuel AU - Oyedele Lukumon O. PY - 2020 Y1 - 2020/01/01 TI - BIM data model requirements for asset monitoring and the circular economy T2 - Journal of Engineering, Design and Technology PB - Emerald Publishing Limited SP - 1269 EP - 1285 Y2 - 2024/05/12 ER -