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/ <br />{!___ 5.0 BENEFIT-COST RESULTS <br /> <br /> 5.1 Software and Documentation <br /> <br /> Benefit-cost calculations were performed using the FEMA Full Data Module for <br /> Benefit-Cost Analysis of Seismic Hazard Mitigation Projects. Data inputs for <br /> benefit-cost analysis were as described and documented above in Section 4.0. <br /> <br /> The benefit-cost analysis for this mitigation project considers: <br /> Building damages <br /> Contents damages <br /> Displacement Costs <br /> Casualties, and <br /> Loss of Public Services. <br /> <br /> The Appendix includes a full print-out of this benefit-cost analysis and of the <br /> FEMA Fragility Curve Calculator. The FEMA Fragility Curve Calculator was used <br /> to calculate seismic damage functions (percent building damages) from the <br /> building specific fragility curves documented in the Technical Appendix. The <br /> FEMA Fragility Curve Calculator was also used to calculate casualty rates <br /> (deaths and injuries) for this facility. <br /> <br /> '~.... <br /> ' 5.2 Results <br /> <br /> The results of these benefit-cost analyses are summarized in Table 14 below. <br /> <br /> Table 14 <br /> Benefit-Cost Results <br /> <br /> Benefits Category Benefits <br /> Building Damages $758,292 <br /> Contents Damags $105,491 <br /> Displacement Costs $149,051 <br /> Loss of Public Services $126,823. <br /> Casualties Avoided $332,037 <br /> Total Benefits $1,471,694 <br /> ~roject Costs $1,435,382 <br /> Net Benefits $36,312 <br /> 'BCR 1.03 <br /> <br /> In Table 14 above, each benefits category indicates damages or losses which <br /> are avoided by the mitigation project. The total project costs are $1,435,382. <br /> The total project benefits are $1,471,694 and the benefit-cost ratio is 1.03 Thus, <br /> this seismic mitigation project is cost-effective, with the net present value of <br /> benefits slightly higher than the estimated mitigation project costs. <br /> <br /> <br />