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Author
Chapman, R. E. | Barnes, K. A.
Title
Forecasting Lead Paint Abatement Costs: A Computerized Approach.
Coporate
National Bureau of Standards, Washington, DC
Sponsor
Department of Housing and Urban Development, Washington, DC
Report
NBSIR 80-1977, March 1980, 86 p.
Distribution
AVAILABLE FROM National Technical Information Service (NTIS), Technology Administration, U.S. Department of Commerce, Springfield, VA 22161. Telephone: 1-800-553-6847 or 703-605-6000; Fax: 703-605-6900; Rush Service (Telephone Orders Only) 800-553-6847; Website: http://www.ntis.gov
Keywords
applied economics | building ecomomics | building materials | economic analysis | housing | lead-based paints | lead poisoning
Abstract
This report describes a computerized procedure for estimating the cost of eliminating the lead-based paint hazard from buildings. This procedure is based on the results of an extensive field test program in which lead-based paint hazard abatement activities were carried out in approximately 200 dwelling units. The computerized cost estimation procedure which emerged is particularly useful because it takes into consideration both variations in the conditions of the dwelling unit as well as in the prices for labor and materials. As a result, it permits the least costly abatement technique to be identified under a wide variety of circumstances. In addition, when contract cost estimates are desired, the computer program groups dwelling units together into contracts in such a way that the sum of the expected bid prices is minimized. This report is intended to serve as a user's manual for staff members concerned with the problem of estimating lead-based paint abatement costs. Specific cases with respect to the preparation of cost estimates for individual dwelling units or of budget estimates for program managers, policy makers, or other decision makers, are treated.