Module 7: Budgeting and Financing of Flood Mitigation Projects

Successful flood mitigation projects depend on careful financial planning from the very beginning. Accurate preliminary cost estimates provide a roadmap for resource needs, while securing financing ensures that projects have the support to move from planning to implementation. Equally important is the evaluation of construction bids, which helps select qualified contractors who can deliver within budget and time constraints. By combining strong cost estimation, reliable funding, and thorough bid evaluation, communities can establish a solid foundation for effective and sustainable flood mitigation efforts.

Image attribution: Louisiana Flood Waters (2587949621).jpg by Jessie Sanders, licensed under CC BY 2.0.

Upon completion of this module, you will be able to:

1. Develop preliminary cost estimates for flood mitigation projects. (Course Objective 6)
2. Defend the importance of securing project financing and the process of evaluating construction bids. (Course Objective 6)

To achieve these objectives:

1. Read the Module Seven Introduction
2. Read Chapter Eight in Flood Mitigation
3. Complete the Module Seven Discussion Board
4. Complete the Module Seven Assignment

Module Pressbooks Resources and Activities