Oct 20, 2002 - Dollars of annual economic savings per dollar of initial construction costs. South Texas ...... An additional $6 ...... with a 4% social time value and the assumption of a 0% risk premium infers a 2.043269% annual inflation rate.
TR-202 October 2002
Economic and Conservation Evaluation of Capital Renovation Projects: Harlingen Irrigation District Cameron County No. 1 – Canal Meters and Telemetry Equipment, Impervious-Lining of Delivery Canals, Pipelines Replacing Delivery Canals, and On-Farm Delivery-Site Meters
M. Edward Rister Ronald D. Lacewell Allen W. Sturdivant John R. C. Robinson Michael C. Popp John R. Ellis
Texas Water Resources Institute Texas A&M University
TR-202 October 2002
Economic and Conservation Evaluation of Capital Renovation Projects: Harlingen Irrigation District Cameron County No. 1 – Canal Meters and Telemetry Equipment, Impervious-Lining of Delivery Canals, Pipelines Replacing Delivery Canals, and On-Farm Delivery-Site Meters
M. Edward Rister Ronald D. Lacewell Allen W. Sturdivant John R. C. Robinson Michael C. Popp John R. Ellis
Texas Water Resources Institute Texas A&M University Rio Grande Basin Initiative administered by the Texas Water Resources Institute of the Texas A&M University System with funds provided through a federal initiative, “Rio Grande Basin Initiative,” administered by the Cooperative State Research, Education, and Extension Service, U.S. Department of Agriculture, under Agreement Numbers 200145049-01149 and 2001-34461-10405.
Preface1 Recognizing the seriousness of the water crisis in South Texas, the U.S. Congress enacted Public Law 106-576, entitled “The Lower Rio Grande Valley Water Resources Conservation and Improvement Act of 2000 (Act).” In that Act, the U.S. Congress authorized water conservation projects for irrigation districts relying on the Rio Grande River for supply of agricultural irrigation, and municipal and industrial water. Several phases of project planning, development, evaluation, prioritization, financing, and fund appropriation are necessary, however, before these projects may be constructed. Based on language in the Act, the “Guidelines for Preparing and Reviewing Proposals for Water Conservation and Improvement Projects Under Public Law 016-576 (Guidelines)" require three economic measures as part of the Bureau of Reclamation’s evaluation of proposed projects: < <
