Benefit-Cost Analysis (BCA)
Topic 4: Benefit-Cost Analysis (BCA)
Before FEMA can provide funding for a project, FEMA is required to compare the future benefits of a hazard mitigation project with its costs, called benefit-cost analysis (BCA). How can FEMA best conduct BCA for BRIC projects?
FEMA seeks your opinions on:
- How can states, tribes, territories and local communities conduct a BCA more quickly and efficiently
- How states, tribes, territories and local communities consider, conduct or demonstrate cost-effectiveness for non-FEMA funded infrastructure investments
- What tools and methods you would recommend to improve the development of BCAs
- What resources you would use develop BCAs for non-traditional or infrastructure mitigation projects