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<br />. <br /> <br />PROJECT COSTS AND COI!STRUCTIOI1 SCHEDULE <br /> <br />Cost EstiIrot.!:! <br /> <br />Construction costs <br /> <br />. <br /> <br />The total. construction cost of the four initial units and Transmis- <br />sion division of the Colo~ado River S~orage project and the 11 initial <br />pa'!'tic~p9.ting proJects, including cos':;s of past and future investigations, <br />is estimated at $992,174,000. Of the total, $677,382,000 rep~esents the <br />cost of the storag<:> U\'lits and Transmission division and $314,792,000 the <br />cost of the p&rtic~pating projects. The cost estimate is tbe latest offi- <br />cial est~ate of the Bureau of Reclamation and cooperating agencies. It <br />is based generally on the price level of January 1957 except that bid <br />pricea were used where available and actual costs of past investigations <br />and construction were used. Since the location of facilities in t,he Trans- <br />mission division h9.B not been definitely determ1~ed, the construotion cost <br />of such fp,oilities lias estinated on the basis of an average of about $135 <br />per kHowc.tt of 1n3talled po,le:::-plant generatinB capacity. The cost esti- <br />rrates w~ll be ~viued perioJioally to include costs of completed work, <br />changes in estimates resulting from future modifications in plans, and <br />latest available data including bid prices. <br /> <br />Oper:>tion, maintenance, and replacement costs <br /> <br />Operetion, maintenance, and replacement coats are estimated at <br />$7,729,000 annually, including $6,282,000 for the storage units and Trans- <br />mission division a~d $l,447,GOQ for the pa'!'t1~~p~ting projects. The oper- <br />ation and lIlain'.;cnal1.ce oosts were estimated at price levels of the 3-year <br />period 1954-56 E.Dd the replacCil:ent costs wore based on ourrent construo- <br />tion oost est1-"lS.tes. The est1lllates shown above, which were used in the <br />repayment analysis, include replaoement oosts oomputed at 2 7/8 percent <br />interest over a 100-year period. <br /> <br />S1lIIIlllary <br /> <br />The table on the following page sUllmanzes oonstruction costs and <br />annual operation, oo:!..ntena::J.ce, and replacement cozts for each storage <br />unit, the Transmission division, and each participating project. For con- <br />venience in the economic aud financial analysis in later seotions of the <br />report, the table also itemizes expenditures through June 30, 1957, the <br />costs used as a basis for the benefit-cost analysiS, and the oosts to be <br />allocated. <br /> <br />Construction Sched~e <br /> <br />. <br /> <br />Expenditures by the :Bureau of Reolamation for advanoe planning and <br />construction of the authorized storage units end participating projects <br /> <br />12 <br />