COSTS ESTIMATING
428 Fixed Grants: The Real-World Test of Estimate-Based FEMA Funding
/cost-estimating/428-fixed-grants-the-real-world-test-of-estimate-based-fema-funding
Section 428 is the bridge between traditional FEMA reimbursement and the new reform direction. It showed that fixed-cost grants can increase flexibility and speed, but only when scope, damage, cost, insurance, mitigation, and review protocols are strong before the estimate becomes fixed.