Can I still use the BCA Tool if a detailed Scope of Work (SOW) or Cost Estimate isn’t developed?
If a detailed cost estimate does not exist, use the BCA Cost Estimator to develop detailed project costs. The BCA Cost Estimator contains typical work items associated with the selected mitigation project type and utilizes a simple series of inquiries, help screens, and input boxes to walk you through five major steps to develop a complete cost estimate for the mitigation project. Estimates can be developed using published, historical, or contractor pricing. A complete and well-documented SOW is essential to develop an accurate BCA. The costs associated with each item identified in the SOW provide the basis for the BCA, because the cost-effectiveness of a project is determined by comparing the total benefits to the total cost. The cost estimate must have an appropriate level of detail for grant subapplications to be considered for funding by FEMA. Preliminary estimates are applicable for initial project screening or scoping, but detailed costs estimates should be used when submitting p