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Show BUDGET BUREAU CIRCULAR A-47 AND POWER PARTNERSHIP 51 (h) Value of electric energy to be produced. This is equal to the lower of two figures: (1) The cost of equivalent energy from the cheapest alternative source of energy-private, Federal, or other-that is available, or could be expected to develop in the absence of the project, to meet the same power needs. Taxes and interest charges for this alternative source should be computed on a basis comparable with the project. Note.-Where the project plan includes the cost of constructing and operating the necessary facilities to transmit and distribute the project power to load centers, the costs of the alternative source with which the project is compared should also include transmission and distribution costs to the same load centers. Where the project plan does not include transmission costs, the total costs incurred by the alternative source in providing power at load centers should, for purposes of determining power benefits, be reduced by the transmission costs incurred in bringing the project power to the same load centers. (2) Value of power to users (considered as the highest price they would pay and applicable especially where the cost of alternative power would be prohibitive for particular users). (i) Value of municipal, industrial, and domestic water supply to be furnished, measured by the cost of obtaining equivalent supply from the cheapest alternative source that would most likely be used in the absence of the project, including the cost of development of the same source of water by the water users themselves as one of the alternatives. Taxes and interest charges for the alternative source should be computed on a basis comparable with the project. (j) Increases in the value of recreation and fish and wildlife resources expected as a result of the project. Although such benefits are usually not subject to measurement in monetary terms, complete information, in terms of the amount and type of expected use of recreation and fish and wildlife develcpmsnts is required as a basis for comparison of the incremental costs and benefits of such developments referred to in paragraphs 11 (c) and 19 (6). (k) Savings in the cost of water treatment or gains in the value of streams for industrial, municipal, and domestic water supply, and other uses, through the abatement of water pollution; and reduction in the cost of pollution abatement by streamflow augmentation. Such, benefits should be calculated as the residual benefit possible after allowing for all direct measures to control pollution at the source that would normally be required or considered necessary by the public health authorities concerned. The evaluation prepared in accordance with paragraph 7 shall also include an estimate of any secondary benefits which the program or project will provide. The evaluation shall include a separate showing of total primary and total secondary benefits. Until standards and procedures for measuring secondary benefits are approved by the Bureau of the Budget, the evaluation shall be based mainly upon primary benefits. The evaluation shall also include an appraisal of the general benefits which will accrue through such effects as safeguarding life and public health, stabilizing national and regional food and raw materials production, and contributing directly to the improvement of technically underdeveloped areas within the Nation's boundaries. 9. Costs to be included in evaluation The evaluation prepared in accordance with paragraph 7 shall include an estimate of the total construction costs and the total operation and maintenance costs of the program or project, whether such costs are incurred by the Federal Government, State, and local governments, or private interests. Such an evaluation shall also include a statement of economic costs expected to be induced by the program or project, such as the costs of- (a) Displacement of people. (b) Decreased value of lands, minerals, water quantity or quality, and other water or related land resources, where not reflected in market values. (c) Rectifying adverse effects upon sanitation, transportation, highway construction or maintenance, or other activities reasonably foreseen as being affected by the program or project. (d) Business losses, such as disruption of trade or diversion of waterborne traffic from existing ports or channels. (e) Losses in State or local tax revenues, adjusted for changes in costs of State and local government services caused by the existence of program or project facilities. |
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Original book: [State of Arizona, complainant v. State of California, Palo Verde Irrigation District, Coachella Valley County Water District, Metropolitan Water District of Southern California, City of Los Angeles, California, City of San Diego, California, and County of San Diego, California, defendants, United States of America, State of Nevada, State of New Mexico, State of Utah, interveners] : |