Facility’s original plans and drawings
Cost data from any recent improvements or additions
Copies of all applicable codes and standards
Historical cost data for applicable trades: e.g., electrical, mechanical
Engineering reports detailing the repair scope, code upgrades, and mitigation opportunities
Contractor estimates (if available)
...estimate for a Standard Project, double-check FEMA requirements, determine which of three types of projects to pursue, and evaluate the project for mitigation opportunities.
When reviewing these four steps, remember that as defined by FEMA, there are three basic types of project funding: Standard Projects, Improved Projects and Alternate Projects.
In addition, there are three different valuation categories to consider:
These evaluation standards will determine what type of project repair will occur—whether you replace the original facility, improve it, or move it.
Regardless of what the project may become in the future, the first step is to determine the cost for a Standard Project that will either restore the damaged facility, or fortify the facility with hazard mitigation measures. A Standard Project is a combination of “ as it was ” and “ as it has to be ” within the parameters of FEMA’s eligibility criteria.
The Federal Emergency Management Agency Applicant Handbook lists the general eligibility requirements for the permanent restoration of facilities: