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<br />" <br /> <br />FEB 22 '95 03:18PM RBD INC FORT COLLINS <br /> <br />P.4 <br /> <br />: <br /> <br />geology on overall project feasibility. The third sub-task will consider the <br />effects of power rates on project operational costs. <br /> <br />Task 2: <br /> <br />Water Use Evaluations will consider various routing possibilities of the <br />stored water, and, where possible of defmition., will associate unit values <br />with each type of use. Site recharge characteristics will largely be <br />influenced by the head available in storage and permeability characteristics <br />of the underlying geologic formations. The extent of appropriate seepage <br />control measures will largely be determined by recharge effects on the <br />river. Ideally, the combination of depletions due to pumping and the <br />recharge effects due to seepage from storage would facilitiate an optimum <br />project operations plan. Stored water which would not be used as a part <br />of an augmentation plan would then be available for direct deliveries to <br />irrigation, direct River flow augmentation, release to wetlands, or to <br />carryover storage. Quantities allocated to each use type will have unit <br />values assigned to enable evaluation of project benefits. <br /> <br />Task 3: <br /> <br />Plan Fonnulation will proceed from information developed in the <br />preceding tasks. From the number of alternative sites indicated by the <br />map study, the combination of storage reservoir and associated pipe <br />network system that offers the highest positive return potential on project <br />investment will be selected for a detailed study of project feasibility. <br /> <br />Task 4: <br /> <br />For the selected project configuration, a Project Benefits Analysis will <br />provide a fU'St-cut estimate of entities who would benefit from the project. <br />it will also attempt, by either direct-pricing or shadow-pricing, to attach <br />a unit value, associated with a unit of water, to the benefits. SUch <br />analyses should support the construction of envelope values of project <br />benefits, which will in turn support Best Case/Worst Case scenarios for <br />project operations studies. <br /> <br />Task S: <br /> <br />An Alternative Selection and Report will conclude the Reconnaissance <br />Study by summarizing results developed in the preceding four tasks. The <br />information presented will indicate whether the project merits a full <br />feasibility study or, if further study were not warranted, a listing of I'fatal <br />flaws 11 which would prevent the project from being feasible. <br /> <br />4. STUDY BUDGET <br /> <br />The anticipated budget for the Reconnaissance Study is $7,746.00. A cost itemization <br />by task is included on the following page. We do not en'lision any type of contingency <br />costs for this study. <br /> <br />1 <br />