1. ERDC Knowledge Core
2. United States Army Corps of Engineers (USACE)
3. South Atlantic Division
4. Jacksonville District
5. Environmental Documents

Title:	St. Lucie County, Florida : Coastal Storm Risk Management Project, Final Integrated Feasibility Study and Environmental Assessment, Appendix B : Cost Engineering and Risk Analysis
Authors:	United States. Army. Corps of Engineers. Jacksonville District.
Keywords:	Environmental protection Shore protection Saint Lucie County (Fla.)
Publisher:	United States. Army. Corps of Engineers. Jacksonville District.
Abstract:	Corps of Engineers cost estimates for planning purposes are prepared in accordance with the following guidance: - Engineer Technical Letter (ETL) 1110‐2‐573, Construction Cost Estimating Guide for Civil Works, 30 September 2008 - Engineer Regulation (ER) 1110‐1‐1300, Cost Engineering Policy and General Requirements, 26 March 1993, - ER 1110‐2‐1302, Civil Works Cost Engineering, 30 June 2016, - ER 1110‐2‐1150, Engineering and Design For Civil Works Projects, 31 August 1999, - ER 1105‐2‐100, Planning Guidance Notebook, 22 April 2000, as amended, - Engineer Manual (EM) 1110‐2‐1304 (Amendment 3: Tables revised 30 September 2013), Civil Works Construction Cost Index System, 31 March 2012, - CECW‐CP Memorandum For Distribution, Subject: Initiatives To Improve The Accuracy Of Total Project Costs In Civil Works Feasibility Studies Requiring Congressional Authorization, 19 Sep 2007, - CECW‐CE Memorandum For Distribution, Subject: Application of Cost Risk Analysis Methods To Develop Contingencies For Civil Works Total Project Costs, 3 July 2007, - Cost and Schedule Risk Analysis Process, October 2010 The goal of the cost estimates for the St. Lucie County CSRM Project Draft Feasibility Study and Integrated EA are to present a Total Project Cost (construction and non‐construction costs) for the Recommended Plan at the current price level to be used for project justification/authorization and to escalate costs for budgeting purposes. In addition, the costing efforts are intended to produce a final product (cost estimate) that is reliable and accurate, and that supports the definition of the Government’s and the non‐federal sponsor’s obligations. The cost estimating effort for the study also yielded a series of alternative plan formulation cost estimates for decision making. The final set of plan formulation cost estimates used for plan selection rely on construction feature unit pricing and are prepared in Civil Works Work Breakdown Structure (CWWBS) format to the sub‐feature level. The cost estimate supporting the National Economic Development (NED) plan (Recommended Plan) is prepared in the Micro‐Computer Aided Cost Estimating System (MCACES/MII) format to the CWWBS sub‐feature level. This estimate is supported by the preferred labor, equipment, materials and crew/production breakdown. A fully funded (escalated for inflation through project completion) cost estimate, the Baseline Cost Estimate or Total Project Cost Summary, has also been developed. A full cost and schedule risk analysis was performed to establish the project contingency for the Recommended Plan’s cost items.
Description:	Feasibility Study/Environmental Assessment
Rights:	Approved for Public Release; Distribution is Unlimited
URI:	http://hdl.handle.net/11681/26623
Size:	86 pages/11.88 Mb
Appears in Collections:	Environmental Documents