1. #1
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    Default Help please brain fade

    Wow, I am having a brain fade right now in the 11th hour. All done my narrative but need the cost benefit formula. Here is my info.

    Portable Radio Grant 800MHz
    64,112 cost
    8500 residents
    15 year life span

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    Cost benefit is $.50 at the 15 years. Not sure about radios, but other equipment has a life expectancy of 10 years in which case your cost benefit would be $.75 per person.

    Total project price divided by population divided by life expectancy.

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    Quote Originally Posted by wischief View Post
    Cost benefit is $.50 at the 15 years. Not sure about radios, but other equipment has a life expectancy of 10 years in which case your cost benefit would be $.75 per person.

    Total project price divided by population divided by life expectancy.
    What should be the max per person amount?

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    Hopefully the grant gurus will chime in on this. I think it should be around a few dollars, although I have heard of people winning with a lot higher cost benefit. Presenting a good argument in your narrative helps.

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    Quote Originally Posted by wischief View Post
    Hopefully the grant gurus will chime in on this. I think it should be around a few dollars, although I have heard of people winning with a lot higher cost benefit. Presenting a good argument in your narrative helps.
    Less than $1.00 per person is the goal for good cost benefit
    Kurt Bradley
    Fire/EMS/EMA Grant Consultant
    " Never Trade Skill for Luck"

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    If you ask either of the "M" companies, they always base their costs on a 5 year replacement cycle.

    Real life is almost always longer.

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