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Glossary
FHWA ERFO
EMERGENCY RELIEF
Understanding Betterment Eligibility and Approval
Training Approach
Eligibility
Overview
Type of Damage
Cause of Damage
FHWA Approval
Review
In-kind Repairs
Overview
Replacement Facilities
Betterments
Review
Betterments
Overview
Examples
Review
Economic Justification
Overview
Economic Analysis
Cost of the Betterment
Risk of Eligible Recurring Damage
Cost of Future Repairs
Economic Justification Summary
Resources
Review
Life Cycle Cost Analysis
Overview
Document Past and Current Damage
Establish Alternatives
Estimate Future Damage Severity
Estimate Cost to Repair Damage
Select an Analysis Period or Service Life
Select Discount Rate
Compute Life Cycle Costs
Analyze the Results
Denial of Funding
Overview
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Economic Justification: Resources
Some recommended resources that can be found on the Internet are:
FHWA's
Economic Analysis Primer
OMB's
Circular No. A-94
FHWA's
HEC 17
(Total Cost using risk analysis)
Economic Analysis Primer
Circular No. A-94
Design of Encroachments on Flood Plains Using Risk Analysis
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