Benefit-Cost Analysis (BCA) Calculations 

Project Description:

EBA assisted the City of Eugene prepare applications for the FEMA’s Hazard Mitigation Grant Program, which provides funding to state, local, tribal, private nonprofits and territorial governments so they can rebuild in a way that reduces, or mitigates, future disaster losses in their communities.  This grant funding is available after a presidentially declared disaster and aims to prevent damage due to earthquakes, floods, and other hazards.  EBA assisted the City by preparing benefit-cost analyses (BCA) for two projects involving creek widening and bridge improvements.  The BCA calculations help determine the future benefits and compare the cost of a hazard mitigation project.  Calculations also help to estimate annual hazard risks, to evaluate mitigation cost-effectiveness, and to develop aggregate benefit-cost models.