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1 1 (August 9, 2019)

handle is hein.congrec/strdtech0001 and id is 1 raw text is: Congressional Budget Office \ Cost Estimate August 9, 2019 By Fiscal Year, Vions of Dolars 2019 2019-2024 2019-2029 Direct Spending (Outlays) Revenues Deficit Effect S. 384 would require the National Institute of Standards and Technology (NIST, within the Department of Commerce) to implement recommendations from a report on the use of fiber- reinforced composite materials in infrastructure projects. The report recommends that NIST test the composites' durability and develop industry standards for their use in infrastructure projects; establish a clearinghouse for information on their design, manufacture, and use; and disseminate educational and training information to academia and private industry.' Using information from NIST, CBO expects the agency would complete most of that work by 2023. CBO estimates that NIST would need to hire 20 employees including scientists, engineers, and software developers at an average annual cost of $240,000 per employee, totaling about $22 million over the 2019-2024 period. CBO expects that research grants and contracting costs would total about $6 million a year, or $24 million over that same period. Finally, CBO estimates that materials and equipment would cost roughly $4 million in the first few years. In total, and assuming appropriation of the estimated 1. See Richard J. Sheridan and others, Road Mapping Workshop Report on Overcoming Barriers to Adoption of Composites in Sustainable Infrastructure, NIST SP-1218 (National Institute of Standards and Technology, December 2017), https://go.usa.gov/xyJt7. See also CBO's Cost Estimates Explained, www.cbo.gov/publication/54437; How CBO Prepares Cost Estimates, www.cbo.gov/publication/53519; and Glossary, www.cbo.gov/publication/42904. 0 0 0 0 0 0 0 0 0

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