Cost Estimate Validation and Audit Readiness
CAT NOT SET
Appendix L
Appendix L establishes eight essential validation criteria FEMA uses to assess cost estimates. Requirements include preparation by licensed professionals, certification linking costs to agreed repairs, unit costs for each scope component, sufficient detail for validation, reflection of current design phase, inclusion of actual costs for completed work, demonstration of reasonableness, and foreseeable contingencies. Missing elements trigger RFIs and potential denial.
Appendix L establishes eight essential validation criteria FEMA uses to assess cost estimates. Requirements include preparation by licensed professionals, certification linking costs to agreed repairs, unit costs for each scope component, sufficient detail for validation, reflection of current design phase, inclusion of actual costs for completed work, demonstration of reasonableness, and foreseeable contingencies. Missing elements trigger RFIs and potential denial.
COST ESTIMATES AND DIRECT FUNDING