From this page, you can review Benefit-Cost Analysis (BCA)-related updates, see the schedule for upcoming releases, and access current and past BCA Toolkit release notes.
Latest Updates and Announcements
This methodology report explains how the groundbreaking new BCA approach of applying distributional weights to the Building Replacement Value has been implemented for select BCA modules of the BCA Toolkit for the benefit of mitigation projects in underserved communities.
This policy memorandum officially adopts a 3.1% discount rate for a benefit-cost analysis required under FEMA’s HMA and PA programs. The memorandum also lists additional BCA streamlining approaches: an expansion of the BCA narrative for projects less than $1 million to all HMA programs and updates the guidance for when FEMA can provide direct BCA assistance. This YouTube video is another resource that explains the discount rate and streamlined cost-effectiveness changes.
Schedule of Upcoming Releases
There are no new releases scheduled at this time.
The current version of the BCA Toolkit, Version 6.0, was released in 2019.
Changes and updated features are implemented regularly. Many of the changes and hotfixes implemented are an outcome from questions and comments submitted to the BCA Helpline.
BCA Toolkit Release Notes
The release notes describe the improvements, updates, and fixes that have been made to the BCA Toolkit. The release notes are listed chronologically, are categorized by the purpose of the change to the add-in, and have the BCA Toolkit build number associated with that release.