Guidelines for Economic Evaluation of Public Sector Water Resource Projects

Abstract

Water development plays an important role in the economy of states and regions. However, procedures for estimating the expected net worth of proposed projects have never been simple, and results have rarely been without controversy. This report presents some guidelines for the application of economic evaluation procedures in project analysis of public sector water development in North Dakota. A brief history of North Dakota water development and two case studies of North Dakota water projects are included in this report.