WSP11629

• File Number: 8112.600
• Description: Arkansas White Red Basins Interagency Committee - AWRBIAC -- Reports
• Basin: Arkansas
• Water Division: 2
• Date: 1/16/1952
• Title: Application Procedures for Economic Evaluation of Projects - Second Progress Report of the Work Group on Benefits and Costs - AWRBIAC
• Water Supply Pro - Doc Type: Report/Study

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"(2) Apply oniy for the purpose'6f ranking proposed projeots
, , , and pr?gramB so ,as, to determine wh~ch of ,the several
possible alternative use's of the land and water resources
wO,ulp. be preferable in arriving at a tentative plan.

"This agree1ll11nt would notconsti tute any
position of the partioipating agencieB on the
, . seoolldary benefits should be caloulated. ,

ohange,whatsoever,in, the
question on how primary and

" "For. purposes of projeot and program formll1ation on an inter,im basis
the above procedure shall apply."

The applioation procedur~s developed in this report relative to

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primary and secondary beneri ts 'are cori~istent with this interim' procedure

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adopted by' the 'Arkans~s-white-Red Basins Inter-Agency Committee.

., APPqCA1'ION.OF PROCEDURES FOR ECONCIJIC: EVALUATION
OF RIVER BASIN PROJECTS

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Price Levels

Upon approval by the Arkansas-V~ite-Red Basins Inter-Agency

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Committee, the various agencies participating in the Arkansas-White-

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Red Basins study should apply the prooedures and prices reoommended

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by the Subcommittee on Benefits and Costs of the Federal Inter-Agency

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River Basin Committee in its August 28, 1951 report on Priae LevelB.

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To assist the variou:s'agen~iea i~ oarrying out the study on this

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basis, the follo~1ng' addi tiorial proaedureB are recommended.

1. Until prices ourrent at the time of adoption of the final plan

are known, long-range projeoted prices recommended in the August 28,

1951 report, supplemented by additional items and adjust~d for Bpeoifio

areas, will be used for all benefits and all oosts, inoluding oonstruo-

tion, installation,operation, ,maintenanoe, and replacement. The oon-

version from 1949 average calendar year prices will be made as Boon as

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