FEMA Region 8, Version 6.0 Virtual Benefit-Cost Analysis (BCA) Training

• April 08 2022

The training will be held August 8th – 11th from 9:00 am MT – 1:00 pm MT (10 am CT-2 pm CT). Each day we will cover various components of the benefit cost analysis software to increase your knowledge and understanding of the software, and to support your mitigation grant application by providing the tools to verify the cost-effectiveness of your project. Benefit Cost Analysis (BCA) is a decision-making methodology which organizes all social and financial costs and benefits of a mitigation project in order to evaluate the cost‐effectiveness of options. A BCA is used to calculate and prioritize mitigation projects for grant funding by comparing the benefits of a project against its cost. FEMA has developed the BCA tool to standardize the compilation and evaluation of information needed to measure the cost effectiveness of a natural hazard mitigation project.

Please join us for a FEMA Region 8, Version 6.0 Virtual Benefit-Cost Analysis (BCA) Training by registering at the following page: https://fema.connectsolutions.com/r8bca2022/event/registration.html [fema.connectsolutions.com]

Prior to the workshop, please download the BCA software available at the following link: https://www.fema.gov/grants/guidance-tools/benefit-cost-analysis [fema.gov] Please attempt this download at least a week prior to the workshop as sometimes technical difficulties do arise. If you have trouble with the software, please contact the BC helpline at BC Helpline at: 855-540-6744 or bchelpline@fema.dhs.gov 

If you need assistance with downloading the software, you can look at the installation guidance on the FEMA Benefit Cost Analysis website (https://www.fema.gov/grants/guidance-tools/benefit-cost-analysis [fema.gov]) or you can call the BC Helpline at: 855-540-6744 or bchelpline@fema.dhs.gov

Tags: Mitigation