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<br />. <br /> <br />. <br /> <br />. " <br /> <br />en <br />'. ) <br />C:> <br />CJ <br /> <br />-.~ <br /> <br />A lthough the contract for the Taylor Draw Reservoi r bei ng <br />constructed on the mainstem of the White River a short <br />distance upstream of Rangely, Colorado has recently been <br />awarded, the unit prices in that contract were given little <br />weight herein. That award occurred shortly after a major <br />downturn in the 1 oca 1 economy, and those pri ces were con- <br />sidered to not be representative for the West Divide Project <br />area in more normal economic times. <br /> <br />Prices of major canals were based upon current estimates for <br />projects in other states and adjusted to fit the Colorado <br />location and economy. The prices of smaller features were <br />adopted in toto from the Bureau of Reclamation report. <br /> <br />In other words, the costs of selected non-federal construc- <br />tion presented in this report are based upon the Bureau of <br />Reclamation designs and what we feel are representative unit <br />prices for the area. All other facilities and estimates are <br />taken directly from the Bureau of Reclamation report. <br /> <br />The estimated costs shown of page A-14 of thi s report have <br />been separated into the non-federal and federal categories. <br />The revised total cost was found to be $146,250,000 which is <br />significantly less than the cost of $195,600,000 listed in <br />the May 1982 planning report. We feel that some further <br />savings could probably be real ized by the redesign of some <br />features but time did not permit further study. <br /> <br />Based on the revi sed cos t and the economi c ana lysi s a 1 so <br />shown on page A-14, we find the project to be feasible with <br />a current benefit cost ratio of 1.08:1. <br /> <br />A-12 <br />