QUESTION
What methodologies will be used to determine reasonable costs for certified alterations?
1:52:41
·
26 sec
The assistant commissioner explains that the USRS means system, which estimates construction costs based on market equivalents, will be used to establish the reasonable costs for certified alterations.
- USRS means is a system that estimates construction costs
- It determines costs by considering market equivalent prices
- This system will be utilized to set the reasonable certified alteration costs
Pierina Ana Sanchez
1:52:41
Regarding the the certified reasonable cost for alterations, what methodologies will you use to determine these reasonable costs?
Tricia Dietz
1:52:52
We will use a a system called USRS means that is really the market equivalent of really a system that estimates construction costs.
1:53:03
And so that is what we will use to really establish what those costs should be.