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cost/benefit study of the impacts of potential nutrient controls for ...

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Primary Elements <strong>of</strong> <strong>the</strong> Cost-Benefit Analysis<br />

POTW COSTS<br />

BENEFITS (AVOIDED COSTS)<br />

Upgrades, Operating<br />

Cost <strong>of</strong> Affected Point<br />

Source Dischargers<br />

Improved<br />

Domestic Water<br />

Supply Quality<br />

ACTIVE<br />

i.e., Recreation<br />

PASSIVE<br />

i.e., Aquatic Life<br />

INTRINSIC<br />

i.e., Existence<br />

Values<br />

Estimate and Project<br />

Estimate and Project<br />

Determine Quantitative vs. Qualitative Benefits<br />

Discount to Present<br />

Value<br />

Discount to Present<br />

Value<br />

Estimate and Project<br />

Quantitative Benefits<br />

Discount to Present<br />

Value<br />

Characterize and<br />

Determine<br />

Magnitude <strong>of</strong><br />

Qualitative Benefits<br />

Compare Present Value Benefits and Costs<br />

Colorado Nutrient Cost/Benefit Study<br />

34

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