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Cost Recovery Management

Our Approach

The emergency response following a disaster may last only a few days or weeks, but post-disaster recovery is often a much longer process. Depending on the severity of the event, cost recovery can extend for a decade or more. We specialize in helping organizations across various sectors navigate the intricate process of securing funding and maximizing reimbursements for disaster recovery. Leveraging our extensive expertise, we ensure compliance with federal, state, and local regulations while minimizing financial burdens and accelerating recovery efforts.

Core Cost Recovery Services

  • Federal Emergency Management Agency (FEMA) Public Assistance (PA) Support: We provide expertise in navigating the FEMA PA Program, ensuring clients capture all eligible costs and meet documentation requirements. This includes assistance with project formulation, grants management, and appeals to secure maximum reimbursement.
  • Federal Grant Management: We offer comprehensive grant support, including application management, cost analysis, and compliance monitoring for grants under FEMA, the Department of Housing and Urban Development (HUD), the Department of Transportation (DOT), and other federal programs, aligning recovery needs with funding opportunities.
  • Insurance Coordination: We seamlessly integrate insurance claims with federal and state funding, preventing duplication of benefits and optimizing recovery outcomes. Our services include policy reviews, meticulous claims preparation, and expert guidance through the appeals process to optimize outcomes.
  • Cost Tracking and Documentation: We help develop robust systems for tracking, organizing, and documenting disaster-related costs. Our comprehensive training ensures internal teams are equipped with the tools to maintain compliance and remain audit-ready.
  • Policy and Compliance Support: Our team offers guidance on regulatory requirements for FEMA, HUD, and other funding sources to ensure adherence to program rules and deadlines.
  • Appeals and Arbitration: We offer skilled representation during FEMA appeals or arbitration processes, advocating for clients to dispute denied or underfunded claims.

Sector-Specific Expertise

Hagerty’s cost recovery management services are tailored to meet the unique needs of:

  • State and Local Governments: Maximizing reimbursements for infrastructure repairs, public services, and emergency operations.
  • Healthcare: Assisting hospitals and health systems with securing funding to recover from surges, damages, and operational disruptions.
  • Education: Supporting schools and universities in obtaining recovery funds for facilities, technology, and student services.
  • Utilities and Critical Infrastructure: Helping energy, water, and transportation providers recover costs for repairs and restoration.
  • Private Sector and Nonprofits: Identifying and securing eligible funding streams to offset losses and sustain operations post-disaster.

Why Hagerty?

We deliver proven results, having successfully recovered over $75 billion in disaster-related funding for clients nationwide. Our deep expertise ensures precision and compliance while crafting customized strategies that address the unique challenges of each client. Offering end-to-end support–from initial cost tracking to final closeout–we streamline the recovery process, minimizing financial strain and helping organizations rebuild stronger for the future.