When would I use an End-Use or Technology Multiplier?
FEDS project costs are based on industry averages and may not match the exact costs you will be charged. The end-use and technology multipliers are intended to enable the user to adjust for these discrepancies so that the costs used in the FEDS analyses are as close to actual as possible. The recommended approach would be to first enter any known cost data (such as, labor rates, tax rate, discount rate, etc.), and then run FEDS, generate reports, and see what types of projects are coming up. Compare the project costs to actual known costs or bids for similar projects of that type. If any of the technology costs are grossly high or low, adjust them appropriately with a technology multiplier. Rerun FEDS to see if the same technology is being selected, and make sure that the costs more closely represent what the anticipated cost to complete the project. Because of the complex nature of the FEDS cost data, this iterative multiplier approach is the best way for users to modify project costs.