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� <br />development, further study would be required to arrive at an equitable sharing <br />'. of project costs and benefits. <br />1.3 STUDY PROCESS <br />� The Study was carried out in accordance with "The Plan of Study" (POS) <br />contained in the consultant's cantract. The POS identifies 16 individual work <br />� tasks comprising 45 subtasks. The 16 work tasks are listed in Table 1.1. <br />This Phase I Feasibility Study (or prefeasibility study) is the first step in <br />a complex process leading ta the construction of a water resources. project. <br />IThe steps included in this process for a project which includes a storage <br />reservoir are shown in Figure 1.2 <br />IThis Study was conducted at a prefeasibility level of evaluation. This <br />I means that it was completed in sufficient detail to distinguish the major <br />differences between alternatives, describe the viability of each alternative, <br />I and determine if more refined studies are warranted. If warranted, a full <br />feasibility study would be the next phase of the process. Such a study would <br />probably be carried out in discrete steps in order to minimize investment <br />Iuntil such time that the project sponsors could be relatively certain that a <br />financially feasible project has been identified. All steps of the <br />i feasibility study would be conducted at a level of detail suitable to support <br />regulatory processes mandated under the National Environmental Policy Act <br />( (NEPA), including the acquisition of needed permits and licenses. The <br />feasibility study would also provide the financial information that would <br />i <br />serve as the foundation for project proponents and financing entities to make <br />� decisions regarding their future involvement in the project. To accomplish <br />these goals, the feasibility study might include detailed geologic and <br />Igeotechnical investigations. Final desi9n for a selected project would be <br />undertaken following the feasibility study phase. <br />� The Study has been performed with the assistance of an Advisory Committee <br />I composed of 21 individuais representing a wide variety of interest groups, and <br />1 a Technical Steering Committee. <br />l-3 <br />