Remedial Action Cost Engineering Requirements (RACER™) System (including TankRACER™)

Description:

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 applies markups to account for indirect costs. RACER™ uses current multi-agency pricing data, and is researched and updated annually to ensure accuracy.

TankRACER™ windows-based PC software provides fast, accurate, and comprehensive cost estimates for cleanups at petroleum and underground storage tank (UST) sites. It was produced through an Interagency Agreement between the Air Force and EPA. The cost estimating tool also is based on a patented parametric methodology populated with generic engineering solutions from numerous past projects. The TankRACER database has been updated to reflect 2003 unit costs, and now incorporates phytoremediation technology.