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COST ESTIMATING TOOLS AND RESOURCES FOR ADDRESSING SITES UNDER THE BROWNFIELDS INITIATIVE
Citation:
Eastern Research Group, Inc. COST ESTIMATING TOOLS AND RESOURCES FOR ADDRESSING SITES UNDER THE BROWNFIELDS INITIATIVE. EPA/625/R-99/001 (NTIS PB99-155467), 1999.
Impact/Purpose:
Information
Description:
Brownfields redevelopment contributes to the revitalization of communities across the U.S. Reuse of these abandoned, contaminated sites spurs economic growth, builds community pride, protects public health, and helps maintain our nation's "greenfields," often at a relatively low cost. This document contains information on cost-estimating tools and resources for addressing cleanup costs at brownfields sites and is designed to be used in conjunction with other guidances and references. Obtaining an estimate of the cost to clean up brownfields sites is an important component of the overall decision making process for planners. This document has been prepared to present different types of cost estimates: an Order of Magnitude Estimate, a Budget Estimate and a Definitive Estimate. These types of estimates are developed at different stages of a project and are intended to result in increasing levels of certainty of the ultimate cost. Cost-estimating information, models and services are also described. The cost of cleaning up a site will be determined by the accuracy of site assessment data and the cleanup goals which are based on expected future use of the site.