FEMA Increases Public Assistance Threshold to $1M

Agency Deems Risks Will Still Be Low With Higher Large Project Determination Level
Jerry Ashworth
August 8, 2022 at 07:53:02 ET
The Federal Emergency Management Agency (FEMA) on Aug. 3 revised its Public Assistance (PA) program regulations to update the monetary threshold at which level FEMA will determine a project is a large project, raising the threshold to $1 million. Using simplified procedures for small projects reduces final accounting and closeout tasks, and expedites processing of PA grants. The P... Read More