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************************************************************************** USACE / NAVFAC / AFCECUFGS46 61 00 (May 2021)Preparing Activity:Superseding UFGS46 61 00 (February 2011)USACEUNIFIED FACILITIES
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01
Determine the scope of the project and identify the specific areas that need cost factors.
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03
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Use the area cost factors to estimate the total cost of a project or to determine the budget allocation for each area.
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What is area cost factors?
Area cost factors are adjustments made to reflect the varying costs of providing services or conducting operations in different geographic areas.
Who is required to file area cost factors?
Organizations and entities that are influenced by regional cost variations, such as state agencies, non-profits, and large corporations operating in multiple locations, are typically required to file area cost factors.
How to fill out area cost factors?
To fill out area cost factors, organizations must collect and report data on operational costs per region, compare these with national averages or benchmarks, and complete the designated forms provided by the relevant regulatory body.
What is the purpose of area cost factors?
The purpose of area cost factors is to ensure equitable cost allocation by accounting for regional variations in expenses, thereby allowing for fair pricing, budgeting, and financial reporting.
What information must be reported on area cost factors?
Required information typically includes costs of labor, materials, overhead, geographic index factors, and any other relevant financial data that may influence operational costs.
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