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<br />. <br /> <br />. <br /> <br />. <br /> <br />PROJECT COSTS AND CONSTRUCTION SCHEDULE <br /> <br />are tentatively progr6Zlled as show in the schedule on the following page. <br />Construction already has been started on the principal features of the <br />Colorado River Storage project, except those of the Cureoanti unit. The <br />first participating projects programed are the Pllonia, Hammond, and Seed- <br />skadee projects and the Vernal unit of the Central Utah project, all of <br />whicb are scheduled for the start of conetruotion in F1soal Year 1961. <br /> <br />The advance planning and construotion schedule has been followed in <br />the economic and fin",.ncial analysis diso\1ssed later in this report. The <br />program as nO"1 outlined could be subetantially modified, however, as <br />actual progress will be determined by oongressional ~ppropriations. It <br />will be desirable for work on the storage project to follow the general <br />rate established by oontraots now in force and to be awarded in Fiscal <br />Year 1958. AIly slowdow in the rate established would increase costs <br />01' interest during construction and in the osee of the Glen Canyon and <br />Flaming Gorge units would delay ava1le.bllity of power revenues to assist <br />in repayment of irrigation costs. <br /> <br />14 <br />