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<br />Engineering <br /> <br />. <br /> <br />Tl,e majoT" engi_neerin~ wor'k. will involve a feasi.l,ilitv de~;gn ann cnn- <br /> <br />struction cost estimate on t~p. preferred plan. Information nep-decl to make <br /> <br />the design wi~~ include geologic data on t~e facilit;ps, <br /> <br />tai 1.water <br /> <br />characteristics, operating criteria. etc. The Durango offic~ will collect <br /> <br />the data necessary for tl,e ~esign and cost estimate. <br /> <br />Soon after a plAn is selected a decision would be needed on whet~er <br /> <br />the Watet" and Power's Engineerin~ anr:J Researc~ I;ente!' (E&R Center) 1.n <br /> <br />Denver, Colorado or a cont~actnr will perform t~p. feasi~ilitv rlesi~n. The <br /> <br />assumption is made in t,..ti.s Dlan of ~tucfv tltat t"'e F.&? r~nt~r ~Joulc1 perforT'1 <br /> <br />tl,e feasi~ilitv des1gn and estimate. <br /> <br />ECOTlofJ1-!C <br /> <br />T~e economic evaluations would include an ~naly~i~ of heneflts. cost~. <br /> <br />and cost a11.ocat10n to c1et~rmine t.l,e pr1ce of t'l1~ power. Tlte henefits <br /> <br />- <br /> <br />sltou1d ~e ~reateT" t.han costs 1n order for t~e pl~n to he ~conomically <br /> <br />;ustified. T'-le cost al loca.tion would set t"e gale price per l(i.1.owatt 'lour <br />? <br />t~a.t would ~epay the costs of t,e facilitles over 50 veAr~ at t"'e current <br /> <br />Federal i.nterest rate. Tl,e mar1<:et olan wouln tell w'letl-tfloT' tl-tl? cost of t"te <br /> <br />poweT' is in a price range att~active to utilitles. <br /> <br />The NET\ and RD accounts would l-,e util ~zec for s'lowl.ng t,~ econom1.c <br /> <br />;ustification of t~e oreferred olano <br /> <br />Sod,,) <br /> <br />In accordance ~it~ Water ann Power instructions on t,e four account <br /> <br />system. a Otl-ter !=iocia1 Effects account ~,yi" he preparec1 to evafuate tl-te <br /> <br />impacts of project construction on t~e soc~al stT'ucture of tl-tp ~roj~ct <br /> <br />area. T~is evaluation will <br /> <br />include assessment of impacts on D('\OU1 ation, <br /> <br />employment, scltoo' facilities. public services, l,ou5ing, and ot~er fRctor5 <br /> <br />. <br /> <br />l~'O <br /> <br />23 <br />