FEMA cost codes are issued by the FEMA Regional Office. They are issued for a specific location or declaration.
Generally, FEMA cost codes represent complete installed costs and include:
- Equipment
- Materials
- Labor
- Direct construction costs
- Supporting activities
- Project support and management
- Contractor profit
Some cost code data may be several years old and require escalation. FEMA cost codes are last on the list of acceptable cost data sources. Local historical costs or industry cost-estimating software should be used if possible.