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<br />throughout the Platte River Basin. The budget should also have the capacity for <br />use in helping to design and evaluate more specific methods of quantifying the <br />net amount of water that will be saved or provided to the associated habitats by <br />each proposed water conservation/supply measure. This information should be <br />useable in any feasibility analyses that might be conducted on water <br />conservation/supply measures and recommendations that emerge from the <br />Reconnaissance Study. <br /> <br />Upon completion, the Study will be submitted to the Governance Committee and <br />Water Management Committee for evaluation. With guidance from the <br />Governance Committee, the Water Management Committee will determine a <br />process for the development of a Water Conservation/Supply Action Plan. This <br />process may involve the use of the consulting firm retained to conduct the <br />Reconna;~u~ Study, the initiation- of a new competitive bid process to select <br />another consulting firm, or other adviSable measures. <br /> <br />B. . Water Conservation/SlWJ)ly Adion Plan <br /> <br />Within 30 months of the sigDing of the Cooperative Agreement, the consultant <br />will provide to the Governance Committee 8nd the Water Management <br />Committee a recomm~lltion for a Water Conservation/Supply Action Plan <br />incorporating water conservation/supply alternatives idenrified in the <br />ReconnJIi~SNJCe Study which are feasible and CODSistent with attllinm~ of the <br />goals of the program. Measures included in the plan will be economically <br />feasjbleml envjron~ny sOUDd. <br /> <br />;i', ' <br /> <br />The Action Plan shall, at a miftimn~ , identify: <br /> <br />-:.... ~:';-' ,":P" <br /> <br />· , specific projects aDd timetables for implementation of projects designed <br />to achieve Program Objectives. The recon.I.~ed action plan will <br />, include a l'eaSonab1e timetable for implementation of the alternatives <br />neetSsary to achieve the, objectives of the firSt increment of the proposed <br />Program or any other agreed to Program. If that recommended timetable <br />for project and program implementation would not be complete within <br />the first nine years of a Program, the consultant shall explain why a <br />lODger time frame is ueeded. The Governance Committee will establish <br />the timetable for implementation after reviewing' such recommendations <br />and after consulting with the Water Management Committee. The <br />parties realize and agree that the benefits of the projects may not <br />materialize until several years after implementation is initiated and <br />completed; <br /> <br />, <br />. monitoring and accounting methods to be used to assess the effectiveness <br />of programs as they are implemented; <br /> <br />4 <br />