Laserfiche WebLink
I i ticture for Rebuilding Ameiicr. (INFRA) Gr;,nt, <br />while also providing numerical estimates of the magnitude and timing of each of these additional impacts <br />wherever possible. Any benefits claimed for the project, both quantified and unquantified, should be clearly <br />tied to the expected outcomes of the project. The BCA should include the full costs of developing, <br />constructing, operating, and maintaining the proposed project (including both previously incurred and future <br />costs), as well as the expected timing or schedule for costs in each of these categories. The BCA may also <br />consider the present discounted value of any remaining service life of the asset at the end of the analysis <br />period (net of future maintenance and rehabilitation costs) as a deduction from the estimated costs. The costs <br />and benefits that are compared in the BCA should also cover the same project scope. The BCA should carefully <br />document the assumptions and methodology used to produce the analysis, including a description of the <br />baseline, the sources of data used to project the outcomes of the project, and the values of key input <br />parameters. Applicants should provide all relevant files used for their BCA, including any spreadsheet files and <br />technical memos describing the analysis (whether created in-house or by a contractor). The spreadsheets and <br />technical memos should present the calculations in sufficient detail and transparency to allow the analysis to <br />be reproduced by DOT evaluators. Additional BCA guidance can be found here. <br />