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→Cost or Benefit:
If the Calculator is being used for a complete cost benefit analysis, then a compliance activity is simply a cost or a benefit.
If the Calculator is being used for a complete cost benefit analysis, then a compliance activity is simply a cost or a benefit.
'''Upfront or Ongoing'''
====== '''Upfront or Ongoing:''' ======
'''Upfront''' activities occur one time per affected stakeholder. The impacts are assumed to occur at the start of each period. Example: affected stakeholders must spend $100 on a piece of equipment (one time only).
'''Upfront''' activities occur one time per affected stakeholder. The impacts are assumed to occur at the start of each period. Example: affected stakeholders must spend $100 on a piece of equipment (one time only).
'''Ongoing:''' activities can happen multiple times per stakeholder, on a recurring basis at some specific frequency throughout the analytical period. These impacts are assumed to occur at the end of each period. An example of an ongoing activity is stakeholders submitting a report to the government 3 times per year (and 3 times per year over 10 years means this activity would happen 30 times).
'''Ongoing:''' activities can happen multiple times per stakeholder, on a recurring basis at some specific frequency throughout the analytical period. These impacts are assumed to occur at the end of each period. An example of an ongoing activity is stakeholders submitting a report to the government 3 times per year (and 3 times per year over 10 years means this activity would happen 30 times).
The assumption that ongoing activities occur at the end of each period may be different than your typical approach in a CBA. This assumption affects how many stakeholders incur the cost and how the cost is discounted. For example if you have an ongoing cost in Year 1, it is assumed that it is incurred at the end of the year (i.e., December 31). This means that the annual growth rate is applied to the stakeholder count from the beginning of the year, and the discount rate is applied.
The assumption that ongoing activities occur at the end of each period may be different than your typical approach in a CBA. This assumption affects how many stakeholders incur the cost and how the cost is discounted. For example if you have an ongoing cost in Year 1, it is assumed that it is incurred at the end of the year (i.e., December 31). This means that the annual growth rate is applied to the stakeholder count from the beginning of the year, and the discount rate is applied.
====== '''Start Year''' ======
====== '''Start Year''' ======
