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Remedial Action Cost Engineering Requirements (RACER) SystemDescription:A PC-based system originally developed in 1991 by the U.S. Air Force. The system uses a
patented methodology for generating location-specific program cost estimates. The system allows
the user to select the desired models from a list of available technologies, define the required
parameters in the selected technology, and tailor the estimate by verifying and editing secondary
parameters. RACER™ calculates quantities for each technology; localizes unit costs for materials,
equipment, and labor; adjusts unit prices for safety and productivity losses; and allows markups
to account for indirect costs. RACER™ uses current multi-agency pricing data, and is researched
and updated annually to ensure accuracy. Current VersionRACER 2006, Version 8.1.0 Point of ContactK. Stuart Millard |