WSP04149 - Laserfiche WebLink

Home Browse Search

. Final PSOP I mplementation Committee Report Page 15 of 23 .,rgn . 7.1 MOA's' to 'participate in Re-operations- Entities that choose to participate In re- operations storage in Fry-Ark Project facilities will be asked to commit to the project by signing a Memorandum of Agreement (MOA) with the Enterprise. The MOA will ask participants to commit to a share of the costs (proportionate to their share of the proposed re-operations space) to secure authority for the re-operation of the project, referred to as the Implementation Phase of the PSOP. Such costs will include legal costs, legislative/lobbying work to secure authority to contract, engineering, and NEPA work. MOAs are to be executed no later than June 1, 2001. Those entities that decide later that they need a re-operations contract shall be obligated to pay their proportionate share of implementation costs. When an entity requests are-operations contract, the original implementation costs shall be recalculated to each participant based on the new percentages. The new participant shall then reimburse those already in the plan for the cost of implementing re-operations authority, including interest charges based on the average T-Bill rate for the intervening years. 7.2 MOA's to Confirm Participation in Enlargement Project- Entities that choose to participate in the project to enlarge Fry-Ark Project facilities will be asked to commit to the implementation phase of the enlargement projects by signing a Memorandum of Agreement (MOA) with the Enterprise. The MOA will ask participants to commit to a share of the costs (proportionate to their share of the proposed enlargement) to secure authority for the enlargement project, referred to as the Implementation Phase of the PSOP. Such costs will include legislative/lobbying work to secure authority for a federal-level feasibility study, the feasibility study for Pueblo and Turquoise reservoirs, the NEPA compliance process including any environmental impact statements, securing legislative authority for the enlargement of Project facilities, and legal and staff-time costs incurred by the Enterprise to facilitate the implementation of the enlargement elements of the PSOP. These MOA's are to be executed no later than October 1,2001. . A separate agreement/contract will need to be executed to affirm participation in the actual construction project; that will include a commitment to pay for a proportionate share of the construction costs. A draft agreement for commitment to financial participation (allotment contracts) will be sent to all eligible entities in the District following congressional authorization for the enlargement project and appropriate negotiations with Reclamation and NEPA compliance-following the PSOP Implementation Phase, about 2006. 7.3 Financial Commitment to PSOP Implementation - Those entities participating in re- operations and enlargement shall bear their proportionate share of implementation costs for each of the PSOP elements. The Enterprise will monitor all costs and collect participant payments associated with PSOP implementation. The Enterprise shall track the costs for each option separately. For the first half of year 2001 the Enterprise shall upfront fund all expenses as incurred. Then in July of 2001, invoices shall be sent to the appropriate participants to reimburse the Enterprise and to pay for the estimated costs for the upcoming quarter. At the end of each quarter, invoices shall be sent to each participant. Included with the invoice will be a summary verifying the past quarters costs, giving credit for what has been paid already and then adding on the next quarters estimate. Thus, each participant will be paying as they go for their proportionate share of the costs. . A preliminary four-year budget for implementation has been developed (see the table below). This is the best estimate that the Enterprise has at this point, and will be adjusted each year to reflect actual costs and better estimates as they are determined. = 3/20/02