Northern Integrated Supply Project: Costs increase to $490 million

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From Windsor Now!:

Water providers that are paying for and would receive water from the Northern Integrated Supply Project have updated the project’s cost estimate from the 2006 figure, noting that the price has gone up 15 percent to $490 million. The 11 cities and four water districts involved in NISP — in Weld and Larimer counties — continue to see it as the best and most affordable option for their future water supplies…

Much of the cost estimate change is based on participants’ decision to add capacity for pump plants and pipelines and increased storage at Galeton Reservoir, according to Northern officials. The changes would increase project efficiency and, with that, its sustainability. The updated Glade Reservoir cost estimate remains within the current construction cost index and inflation. Costs have also increased because of participants’ strong commitment to answering questions raised during the public comment period about water quality, hydrology and riparian corridor issues, said Kathy Peterson, who chairs the participant group.

More Northern Integrated Supply Project coverage here and here.

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