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FEMA has developed resources for applicants and subapplicants to use while navigating the cost-effectiveness requirement for hazard mitigation projects.
Search by title or use the filters below to find BCA Toolkit resources, existing Pre-Calculated Benefits, ecosystem services and general reference guides, as well as training materials for instructors and students.
FEMA Policy 206-23-001
This policy provides streamlined approaches to assess the cost-effectiveness of hazard mitigation projects under the Hazard Mitigation Assistance (HMA) grant programs. These streamlined cost-effectiveness determination methods will allow subapplicants to submit a cost-effectiveness narrative for projects less than $1 million and offer FEMA BCA assistance to under resourced communities and Tribal Nations to help determine cost-effectiveness for hazard mitigation projects.
FEMA Policy FP-108-024-02: This policy allows for ecosystem service benefits to be included in a mitigation project’s Benefit Cost Analysis (BCA) regardless of the Benefit-Cost Ratio (BCR). Ecosystem service benefits are positive effects provided to people by nature, such as aesthetic value, air quality, recreation space, and water filtration.
By removing the previous BCR threshold, ecosystem service benefits can be used for all project types eligible under the Hazard Mitigation Assistance (HMA) and Public Assistance (PA) 406 mitigation programs that support the incorporation of ecosystem service benefits and result in the improvement of the natural environment.
This policy was effective from September 28, 2020 through March 22, 2023.
FEMA Hazard Mitigation Assistance (HMA) funded mitigation projects must be cost-effective, which is typically demonstrated through a Benefit-Cost Analysis (BCA) or a pre-calculated benefit. This report details the methodology used to establish the pre-calculated benefit values for hospital generator projects. It is provided for informational purposes and does not contain any information needed to submit a grant application.
