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Available Funds for Economic Disaster Recovery

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Available Funds for Economic Disaster Recovery Brazos Valley Regional Economic Disaster Resiliency LEON Continuity of ROBERTSON Operations Plan MADISON BRAZOS GRIMES BURLESON WASHINGTON PRPC NORTEX SPAG TEXOMA ARK-TEX WCTCOG NCTCOG ETCOG PBRPC HOTCOG CTCOG CVCOG DETCOG CAPCOG RGCOG SETRPC MRGDC H-GAC AACOG GCRPC RESILIENCY PLAN FOR: CBCOG STDC LRGVDC (YOUR BUSINESS NAME) Economic Disaster Resiliency Plan | Brazos Valley Council of Governments Table of Contents Objectives of Economic Disaster Resiliency Continuity of Operations Plan ................................................. 1 Economic Disaster Resiliency Planning Process ............................................................................................ 1 Risk Assessment ........................................................................................................................................ 1 Business Impact Analysis (BIA) .................................................................................................................. 3 Risk Management ..................................................................................................................................... 4 Business Continuity Plan ....................................................................................................................... 4 COVID-19 Risk Management ................................................................................................................. 5 Step 1: About Your Business ......................................................................................................................... 1 Step 2: Business Continuity & Recovery Planning Team .............................................................................. 2 Step 3: Critical Operations ............................................................................................................................ 3 Step 4: Key Suppliers and Contractors .......................................................................................................... 2 Step 5: Vital Records and Files ...................................................................................................................... 4 Step 6: Critical Equipment/Machinery/Vehicles ........................................................................................... 6 Step 7: Computer Inventory Form ................................................................................................................ 7 Step 8: Miscellaneous Inventory Form ......................................................................................................... 8 Step 9: Information Technology Security...................................................................................................... 9 Step 10: Alternate/ Temporary Business Location ..................................................................................... 10 Step 11: Employee Contacts ....................................................................................................................... 11 Step 12: Key Business Contacts ................................................................................................................... 12 Step 13: Insurance ...................................................................................................................................... 17 Appendix ..................................................................................................................................................... 18 Brazos Valley in Perspective ................................................................................................................... 18 Geography ........................................................................................................................................... 18 Population ........................................................................................................................................... 18 Economy .............................................................................................................................................. 19 Threats and Hazards ........................................................................................................................... 20 Available Funds for Economic Disaster Recovery ................................................................................... 21 Additional Resources .............................................................................................................................. 32 Economic Disaster Resiliency Plan | Brazos Valley Council of Governments Objectives of Economic Disaster Resiliency Continuity of Operations Plan The Brazos Valley Council of Governments (BVCOG) Region consists of seven counties, including Brazos, Burleson, Grimes, Leon, Madison, Robertson, and Washington. The region is no stranger to disasters. The Brazos Valley has experienced nine Presidential Declarations since 2015. These disasters adversely impact businesses in the region. One in four businesses do not survive after a large disaster strikes, according to Civil Defense Wellington Region Emergency Management Office. In order for businesses to be resilient, the key is to take steps ahead of time to ensure our organization can stay in touch with local businesses after any type of major incident and to set up a plan of action for disaster response and recovery. The information contained in this Brazos Valley Regional Economic Disaster Resiliency Continuity of Operations Plan is designed to address business continuity planning and economic recovery. The main objective of this plan is: To assist local businesses, economic development organizations, and local jurisdictions to improve their ability to quickly recover from disasters. This resiliency plan outlines the organization’s strategy for responding to emergency or disaster, provides information essential to continuity of critical business functions, and identifies the resources needed to: ensure safety of personnel; communicate effectively with internal and external stakeholders; provide timely emergency support and grant making service to the community; protect assets and vital records (electronic data and hardcopy); maintain continuity of mission-critical services and support operations. By having a resiliency plan, businesses are more likely to adapt, survive and thrive even when things go wrong. The Brazos Valley Regional Economic Disaster Resiliency Continuity of Operations Plan includes 13 steps with forms which, when completed, will provide businesses with the basics of a customized business continuity plan (BCP) which will help all businesses to be prepared for any threats and hazards. The Brazos Valley Profile, Resilience Planning Process information, and additional resources are included following the forms in the appendix. Economic Disaster Resiliency Plan | Brazos Valley Council of Governments Economic Disaster Resiliency Planning Process The economic disaster resiliency planning process involves the recovery, resumption, and maintenance of the entire business, not just the technology component, in the wake of disasters. Economic disaster resiliency planning involves the development of an enterprise-wide Business Continuity Plan and the prioritization of business objectives and critical operations that are essential for recovery. This enterprise-wide framework should consider how every critical process, business unit, department, and system will respond to disruptions and which recovery solutions should be implemented. Economic Disaster Resiliency Planning consists of three steps and they are: 1. Risk Assessment; 2. Business Impact Analysis (BIA); and 3. Risk Management. Risk Assessment Using a ranking and prioritization system for natural hazard events, each risk is ranked in accordance with likelihood and impact. As an example, businesses surveyed ranked power failure as the most critical impact on their business. Other items rated that would have an impact on businesses included damage to buildings, computers, equipment, loss of inventory, etc. The following table could be used to assess risk: Risk Consequence Probability Impact Severity Risk 1 Power Failure H H H Risk 2 Damage to Computers/Equipment H H H Risk 3 Loss of Inventory H M M Risk 4 Loss of Supplier/Vendor M M M Risk 5 Loss of Documents/Records M H M Risk 6 Loss of Staff and/or Customers L H H Risk 7 Transportation H M M Once you have identified the risk for each, begin to address each in accordance with highest priority. Focus on the most serious risks and most critical functions. It may also be helpful to consider other non-natural risks that could impact your business, such as: 1 Economic Disaster Resiliency Plan | Brazos Valley Council of Governments Incident/Risk Likelihood Preventative Measure Impact on Business There is a fire and you Low Fire resistant Forced to run at 20% of are not able to use your equipment, alternative normal activities for a week. site for weeks site You are burgled and Medium to Insurance? Good Forced to run at 80% of some damage to your High Security? Separate normal activity for a week. property has taken place. offsite computer back- up files There is a power failure Low Backup generator that lasts for days Risks to be considered include those from natural hazards, building environment, political or social unrest and risks connected to IT and data security. These risks may impact business operations on several levels: 1 1-2 Day Business Disruption An emergency or disaster that exceeds the capabilities
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