From email from the Northern Colorado Water Conservancy District:

Today the Northern Water Board of Directors made 25,000 acre feet of water available for lease through the Regional Pool Program, a C-BT Project water leasing/renting mechanism, with bids due March 16. The board’s decision was based on the status of C-BT Project storage reserves, which were replenished in the previous two water years, and current crop irrigation demands.

Bid prices per acre foot must be greater than or equal to $9.50, a floor price the board selected based on the 2012 agricultural assessment.

Here’s the link to the website.

More Colorado-Big Thompson Project coverage here.