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<br />VERSION 1.0 1/12/95 <br /> <br />B-C PROGRAM: Level One Analysis <br /> <br />MITIGATION <br />PROJECT <br />COSTS <br /> <br />Project Cost <br /> <br />Base Year of <br />Costs <br /> <br />Annual <br />Maintenance <br />Costs <br /> <br />Present Value of <br />Annual <br />Maintenance <br />Costs <br /> <br />Relocation Costs <br />for Mitigation <br />Project <br /> <br />Relocation Time <br />Due to Project <br /> <br />Mnlgation Project Cost (exctuding relocation costs) <br />Base Yea. of Costs <br />Annual MaJntenance Costs ($/year) <br />, ,Present Value of Annual Maintenance Costs ($) <br />Reloclitlo~Costs for, Mitigation Project <br />"llelocilloriTlritelluetoPi'oject(monlhs) ,." ',"" <br />RenlarCo,sl durlrig,Occupant Reiocation($Isf/month) <br />" ,ReitiatCosidliring Occupant Reiocation ($Imonth) , <br />""Ottier;R~IOi:atioriCosts($Imonth) , . . <br />, ,.,..Total Relocation Costs' ' <br />TOI~,MRlldlori pi ;!cfeosts ' <br /> <br /> <br />GREEN Block (Data Input). The Mitigation Project Cost includes all <br />direct construction costs plus other costs such as architectural and <br />engineering fees, testing, permits, and project management, but <br />excludes relocation costs. <br /> <br />PINK Block (Information Oniy). The Base Year of Costs is the year <br />in which the mitigation project's costs were estimated. If cost estimates <br />are several years old, they may need to be adjusted by the user to <br />account for inflation in costs between the base year and the present. <br /> <br />GREEN Block (Data Input). Annual Maintenance Costs ($/year) <br />may be required to maintain the effectiveness of some mitigation <br />projects, particularly levees where annual inspection and vegetation <br />removal may be required. For most other mitigation projects, Annual <br />Maintenance Costs will be negligible or zero. <br /> <br />YELLOW Block (Result). Based on the discount rate, the Annual <br />Maintenance Cost for each year of the project's useful life is reduced <br />to its present value and summed. <br /> <br />For some mitigation projects, occupants may have to be relocated for <br />construction of the project. In such cases, the Relocation Costs are <br />an integral part of the mitigation project and must be counted in the total <br />mitigation project costs. <br /> <br />GREEN Block (Data Input). Relocation Time Due to Project <br />(months) is the number of months for which the building must be <br />vacated in order for the mitigation project to be completed. Note <br />that this relocation time is completely distinct from the displacement <br />time needed to repair flood-related damages. <br /> <br />6-17 <br />