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<br />":":-.... <br />,".~;...>i <br /> <br />...,..r.::... <br />:.~' <br /> <br />:..., . <br /> <br />Extension of Useful Life <br /> <br />.!.... <br /> <br />'.' . <br /> <br />Application procedures, outlined on this sub ject in 'the Senefi ts. and <br /> <br />Costs Subcommi~teereport of May 1950 suffices. <br /> <br />'. ,.. <br /> <br />Consequential Damages <br /> <br />Estimates of oonsequential' dama~es for each projeot or program <br />- '. .\. '. <br /> <br />should be made in monetary te~ms whenever possible. If it is not possi- <br /> <br />. .' . <br />. . .. <br />- ' <br />, ' <br />ble tdfirepare a monl!tll;rY.~lltimate, a ,qualitative or quantitative state- <br /> <br />.'. . <br />ment~ expressed in ph~sioal terms where feasible,shouldbe'prepared~ <br />. ", '. . <br />setting forth. tqe, oonsequential damages. Con~equent:i.ai "da~ages s'hol.\ld <br /> <br />, " <br />be included in the eoonomic analysis of ArkansB.~:"'~friite-RedBasinprojects, <br /> <br /> <br />regardless as to whether actual pa.yments are permis's1bie under existing' ' <br /> <br />law. <br /> <br />" , PRC;JEC'r 'FORMULATIO~ ' <br /> <br />: ~ ; ! "." ... . . <br /> <br />The prinoiples andbr6adapfilication procedll~e;s, for the formulation <br /> <br /> <br />of projects in theArkanBas-white-Red~asins are, in general, adequately <br /> <br />-, ' <br />covered in the Mayt950 r!lport by 'the SubcPIJUllitte,e. 9n Ben,efi ts and Costs. <br /> <br />. -. . <br />'. '. <br />, , ' <br />. . . . .. <br />However , it is considered' -ChatmoN detail. is, peeded wi tl1 ,res~e;ct t~ <br /> <br />'r'. <br /> <br />certain ~rin~i~le;s' ~'ni:iapplio'ationprocedures ",and that oertain adminis~ <br />..,1... ,'... .. <br /> <br />:1.. <br /> <br />.: . . <br />trative limitations pec'uliarto the ;Arkansas-White":Red, Basins should be <br /> <br />reported. <br /> <br />Administrative Limitations <br /> <br />As pointed out under the heading of "Background" in the first part <br /> <br />of this report, ,interim procedures for evaluation of primary and seoond. <br /> <br />ary benefits have been adopted by the Arkansas-White-Red Basins <br /> <br />11 <br />