Architectural, Engineering and Cost (AEC) Review
An Architectural, Engineering, and Cost Review (AEC) is a process required for projects that seek funding or insurance through programs administered by the U.S. Department of Housing and Urban Development (HUD). This review serves several key purposes, including ensuring that the design and proposed construction of a project meet specific standards and requirements set forth by HUD, as well as verifying that the project’s cost estimates are reasonable and in line with HUD guidelines.
The review process involves a detailed examination of the project’s architectural plans, specifications, and related documents to ensure compliance with applicable building codes, zoning laws, and HUD’s standards for safety, durability, accessibility, and environmental sustainability. Additionally, the cost review component of the process evaluates the project’s budget and financial projections to ensure that costs are accurately represented and justified and that the project is financially viable under HUD’s criteria.