In phase II, criticality sciences, INC. Will validate data inputs and outputs and develop methods to use metrics to support resilience investment and financing along with plans to develop a commercial…

The National Institute of Standards and Technology (NIST) awarded a $400,000 Cooperative Agreement to Criticality Sciences Inc. under the Science, Technology, Business and/or Education Outreach program (CFDA 11.620). The purpose of this 2-year project is for Criticality Sciences Inc. to validate data inputs and outputs and develop methods to use metrics to support resilience investment and financing for water and power global critical infrastructure. The expected outcomes aim to translate the costs and benefits of mitigation into financial risk and decision metrics for utility operators, public service commissions, and bond issuers. This project is intended to benefit a wide range of utility and engineering customers, as well as NIST and other national and university research institutions.

Expected outcomes

Expected outcomes from the phase II project seeks to translate the costs and benefits of mitigation into the preferred financial risk and decision metrics used by the operator, its public service commission, and its bond issuers.

Intended beneficiaries

Criticality sciences resilience solutions will benefit a wide range of utility and engineering customers, NIST and other national and university research institutions.

Subrecipient activities

There are no subrecipients on this award.