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<br /> <br />" 'I. ' <br />" <br /> <br />ono33'~ <br /> <br />,e <br /> <br />. ~~ <br /> <br />, <br /> <br />. REEV^LlJ^~-B:- -STATmlE:-JT <br />CLOSED MSIN DIVISION, A'l LlJ~VALLEY <br />^PR -971 <br /> <br />PRO.JECT, COLORADO <br /> <br />Purpose <br /> <br />This analysis presents the effect of interest rate changes and <br />updated construction and a-IfIll costs on the Closed Basin Division, <br />San Luis Valley project, Colorado, from that presented in <br />H.D. No. 91-369, 9lst Congress, 2d Session. <br /> <br />Summary <br /> <br />111e principal chanr.cs affecting H. D. ?>Io. 91-369 are as follm;s: <br />(1) project construction and m.l&R costs were indexed from <br />.January 1969 to October 1970 prices; (2) interest rates of <br />5.J25 percent and 3.463 percent were used for plan formulation <br />and repayment, respectively; (3) the method used in dcri ving <br />interest during construction on staged facilities was changed <br />from charging interest throur.hout the entire project con- <br />struction period to an interest charge on these faciIi tics <br />only during stage construction and ending when each of the <br />stage facilities are- completed and placed in plant-in-service. <br />Results of these changes on the project analysis are summarized <br />in tables 1 and 2. <br /> <br />/ <br />