Laserfiche WebLink
<br />-8- <br /> <br />b. Tighten cost-benefit ratio computation through <br /> <br />uniform, detailed guidelines prepared by: (1) interagency <br /> <br />agreement or (2) independent review board. <br /> <br />c. Have an independent agency or board review project <br /> <br />benefits and costs for accuracy and consistency. <br /> <br />d. Increase cost sharing by project beneficiaries to <br /> <br />discourage the promotion of economically unsound <br /> <br />investments. <br /> <br />e, Remove legislative constraints on computation of <br /> <br />navigation benefits and costs to be more consistent <br /> <br />with,the state of the art and with computation <br /> <br />methods applied to other purposes. <br /> <br />f. Replace or supple2ent the benefit-cost ratio as a <br /> <br />decision criterion with (1) cost-effectiveness to <br /> <br />, <br />achieve non-econonic (social, environmental) goals <br /> <br />in the least costly manner; and/or (2)' maximization <br /> <br />of yield (return on investment) to increase the <br /> <br />economic return au government investments and eliminate <br /> <br />less economically efficient projects, within a limited <br /> <br />Federal budget. <br /> <br />g, Require a cost recovery plan for the vendible products <br /> <br />and services as a part of the project or program <br /> <br />planning process to achieve a more equitable distribution <br /> <br />of costs among the benefici~ries. <br /> <br />-I. ) 'j <br />