Pursuant to FEMA RP9526.1 Section VI.A.2; Section 406 hazard mitigation work must be cost effective and reasonably performed as part of the work or measure which will reduce the potential for damage to a facility from a disaster event.According to FEMA RP9526.1; Section VII.B.3; cost effectiveness may be demonstrated through an acceptable BCA methodology; and the BCA will be based on a comparison of the total project cost to the total cost of the following projected benefits: (1) damage to the facility and its damaged contents; (2) emergency protective measures required as a result of that damage; (3) temporary facilities required due to the damage; (4) loss of function; (5) casualty (loss of life and injury); and (6) cost avoidance (damages avoided in the future due to mitigation measures).The Applicant submitted documentation to support its determinations for Item (4) loss of function as well as the event recurrence interval.The documentation provided by the Applicant sufficiently demonstrated that the hazard mitigation proposal is cost effective.

FEMA RP9526.1; Hazard Mitigation Funding Under Section 406 (Stafford Act).HeadnotesPursuant to FEMA RP9526.1 Section VI.A.2; Section 406 hazard mitigation work must be cost effective and reasonably performed as part of the work or measure which will reduce the potential for damage to a facility from a disaster event.According to FEMA RP9526.1; Section VII.B.3; cost effectiveness may be demonstrated through an acceptable BCA methodology; and the BCA will be based on a comparison of the total project cost to the total cost of the following projected benefits: (1) damage to the facility and its damaged contents; (2) emergency protective measures required as a result of that damage; (3) temporary facilities required due to the damage; (4) loss of function; (5) casualty (loss of life and injury); and (6) cost avoidance (damages avoided in the future due to mitigation measures).The Applicant submitted documentation to support its determinations for Item (4) loss of function as well as the event recurrence interval.The documentation provided by the Applicant sufficiently demonstrated that the hazard mitigation proposal is cost effective.