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Economic Aspects of the Bureau of Reclamation Safety of Dams Program

by Robert Walker, U.S. Dep of the Interior, Denver, United States,



Document Type: Proceeding Paper

Part of: Hydraulic Engineering

Abstract:

The paper briefly examines economic aspects of the Bureau of Reclamation (Reclamation) Safety of Dams (SOD) program evaluation process. Procedures described include the downstream damage assessment, benefit loss evaluation, and the risk analysis. Risk analysis includes the discounting of damages and potential loss benefits, application of flood/earthquake and dam response probabilities, and the capitalization of annual values. Finally, some aspects of project cost allocation and repayment are briefly addressed.

Subject Headings: Risk management | Bureau of Reclamation | Economic factors | Dam safety | Dam failures | Structural safety | Load and resistance factor design

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