Costing - Estimates and the Cost Estimating Format

The course provides an overview of costing and the Cost Estimating Format. By the end of the course, State, Local, Tribal, and Territorial Applicants and Recipients will be able to understand all aspects of costing and the Cost Estimating Format.

• Differentiate between actual costs for Work Completed and estimated costs for Work to be Completed.
• Identify the tools used by the applicant agent for organizing documents into cost summary sheets for Labor, Equipment, Materials, and/or Contracts.
• Describe the Cost Estimating Format process and the structure of cost estimating in the FEMA Public Assistance Program.