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Developing and Documenting Superfund Cost Estimates

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Transmittal of Final Guidance Titled "A Guide to Developing and Documenting Cost Estimates During the Feasibility Study (PDF) (49 K, 2 pp) EPA 540-R-D0-002, OSWER No. 9355.0-75

A Guide to Developing and Documenting Cost Estimates During the Feasibility Study -- OSWER No. 9355.0-75 -- July 2000 (PDF) (544 K, 76 pp)

This guidance document addresses cost estimates of remedial alternatives developed during the remedial investigation/feasibility study process. The goals of this guidance are to improve the consistency, completeness, and accuracy of cost estimates developed to support the Superfund remedy selection process. To help achieve these goals, the document presents clear procedures and expectations, a checklist of cost elements, and example formats. It also identifies resources for estimating costs during the feasibility study. This guide is designed to help those with varying levels of cost estimating expertise, including: cost estimators, design engineers, technical support contractors, remedial project managers, and program managers.

Revisions to OMB Circular A-94 on Guidelines and Discount Rates for Benefit-Cost Analysis -- OSWER Directive No. 9355.3-20 -- June 25, 1993 (PDF) (147 K, 2 pp)

This memorandum revises EPA policy regarding the discount rate that should be used in estimating the present worth value for potential remediation alternatives in the remedial investigation/feasibility study. The memorandum explains that EPA policy has been changed to 7% in order to be consistent with the 1992 revisions to Circular A-94, issued by the Office of Management and Budget.

 

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