Cost Estimating Format For Large Projects

 

STANDARD OPERATING PROCEDURE

 

Which Large Projects will the CEF be used on?

 

The CEF should only be used on large projects for which the permanent restorative work (Categories C, D, E, F, and G) is less than 50% complete, or will take four or more months to reach 90% project completion (pre-punch list/contractor retainage stage). CEF should not be used for large projects that are either greater than 50% complete, or will be 90% complete within four months (use actual eligible costs). Percent complete is derived from the approved design and/or construction timeline for eligible work, using the start and completion dates of the project to determine project duration.

 

 

What is the process for preparing an estimate for a Large Project using the CEF?

 

Project Officers (POs) are responsible for determining which local factors to use in the development of the project cost estimate. Specific items are unit price sources, city cost indices (if applicable), and local costs for plan checks, building permits, or special reviews. This information will be collected and evaluated at the beginning of each disaster and used uniformly for all CEF analyses.

 

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