16 U.S.C. § 460l–21: Definitions

Summary

Defines key words used in this part. Project means the whole project or a sensible part of it. Separable costs are the extra capital cost caused by one specific purpose, found by subtracting the capital cost of the project without that purpose from the capital cost of the whole multi‑purpose project. Joint costs are the remaining capital cost after you remove all separable costs. Feasibility report is any report Congress requires when deciding whether to authorize the project. Capital cost includes interest that builds up while the project is being built, when that applies.

Title 16, §460l–21

Conservation, Source: USLM XML via OLRC

As used in this part:

(a)The term “project” shall mean a project or any appropriate unit thereof.

(b)The term “separable costs,” as applied to any project purpose, means the difference between the capital cost of the entire multiple-purpose project and the capital cost of the project with the purpose omitted.

(c)The term “joint costs” means the difference between the capital cost of the entire multiple-purpose project and the sum of the separable costs for all project purposes.

(d)The term “feasibility report” shall mean any report of the scope required by the Congress when formally considering authorization of the project of which the report treats.

(e)The term “capital cost” includes interest during construction, wherever appropriate.

Editorial Notes

References in Text

This part, referred to in text, was in the original “this Act”, meaning Pub. L. 89–72, which enacted sections 460l–12 to 460l–21 of this title and amended former section 460l–5(a) and section 662(d) of this title.

§460l–21 Definitions

Summary

Title 16, §460l–21

Notes & Related Subsidiaries

Editorial Notes

References in Text

Citations & Metadata