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<br />Engineering <br /> <br />The major eng{neering work will involve a feasihilitv design and cnn- <br /> <br />struction cost estimate on the preferred plan. Information needed to .make <br /> <br />the design will. include geologic data on t'te facilities, tai.lwater <br /> <br /> <br />characteristics, operating criteria. etc. The Durango office will collect <br /> <br /> <br />the data necessary for t'te design and cost estimate. <br /> <br />Soon after a plRn is selected a decision would be needed on whet'ter <br /> <br />the Water and Power's Engineering and Research r,enter (E&R Center) ,n <br /> <br />Denver, CoJorado or a contractor will perform t~e feasibility design. ~he <br /> <br />assumption is made in t'1is olan of studv t'tat t'te E&R r:enter would perform <br /> <br />t'te feasiJ,ility design and estimate. <br /> <br />Economic <br /> <br />~e economic eva'uations would include an ~na~ysis of henefits. costs, <br /> <br />and cost all.ocation to determine t'te pri.ce of tl,e power. 'r'te 'tenefits <br /> <br />snould "e greater t:nan costs ;,n order for tl-te plan too he economi.ca'Ty <br /> <br />justified. 'r'te cost allocation would set t'te sale price per kilowatt 'tour <br /> <br />that would repay t'te costs of tl,e facilities over 50 years at tl,e current <br /> <br />Federal interest rate. T'te market plan would tell w'1et'ter t'te cost of t"e <br /> <br />power is in a pri.ce range attractive to ut\1ities. <br /> <br />The NED Rnd RD accounts would he uti l; zed for s'towing t'te econom{c <br /> <br />justification of t'te preferred olano <br /> <br />Socia 1 <br />In accordance with Water ann Power instructions on t'te four account <br /> <br />system, a Other Social Effects account will he prepared to evaluate t"e <br /> <br />impacts of project construction on tne soci.al structure of t"e project <br /> <br />area. rt,is evaluation wi 11 i_nc1.ude assessment of impacts on popu1,ation, <br /> <br />employment, Sc"ool facilities, public services, "ousing, and ot"er factors <br /> <br />23 <br />