Addressing Declining Appropriations for Bureau of Reclamation Infrastructure: Policies Needed for Enabling Private Finance
Published
Journal Article
© 2018 American Water Resources Association Western water infrastructure was funded in the early and mid-20th Century through federal financing through the Bureau of Reclamation. Over the past 30 years, federal financing has been less forthcoming, which has been commensurate with an increase in the need for financing rehabilitation and replacement of western irrigation infrastructure. As federal appropriations have declined, there has been increased interest in alternative approaches to infrastructure including public–private partnerships (P3s), loan guarantees, or title transfer of federal infrastructure. However, two of these approaches — P3s and loan guarantees — are precluded by existing federal budgetary policies, particularly Office of Management and Budget (OMB) scoring practices. If the OMB changed its policies for P3s or loan guarantees, private capital could play an important role in recapitalizing aging Reclamation infrastructure.
Full Text
Duke Authors
Cited Authors
- Doyle, MW
Published Date
- October 1, 2018
Published In
Volume / Issue
- 54 / 5
Start / End Page
- 993 - 1000
Electronic International Standard Serial Number (EISSN)
- 1752-1688
International Standard Serial Number (ISSN)
- 1093-474X
Digital Object Identifier (DOI)
- 10.1111/1752-1688.12677
Citation Source
- Scopus