News Release Archive

Central Valley Project Improvement Act – Accounting and Cost Recovery Business Practice Guidelines Workshop

Media Contact: Shane Hunt, 916-978-5100, shunt@usbr.gov

For Release: December 29, 2015

SACRAMENTO, Calif. – The Bureau of Reclamation will hold a second public workshop to continue review and revision of the Business Practices Guidelines (BPG) for Central Valley Project Improvement Act (CVPIA) Program Accounting and Cost Recovery. The event will be held:

Sacramento
Tuesday, January 12, 2016
Cafeteria Conference Room, C-1001
2800 Cottage Way, Sacramento, CA 95825

10 a.m. to 12 p.m. – State Cost Share
12:30 p.m. to 1 p.m. – Power Market History and Challenges
1 p.m. to 3 p.m. – CVPIA Accounting and Cost Recovery Items

The morning session will review the Sharing of Costs Agreement for Mitigation Projects and Improvements addressing the CVPIA cost-share requirements with the state of California.

The afternoon session will begin at 12:30 p.m. with a half-hour description of power markets and the relationship of the Restoration Fund to the costs of CVP power. At 1 p.m., the workshop will walk through Reclamation-identified areas for further consideration and solicit feedback on other aspects to evaluate.

For more information or to review the current BPG, please contact David Mooney at 916-978-5190 or email dmmooney@usbr.gov.

# # #

Reclamation is the largest wholesale water supplier in the United States, and the nation's second largest producer of hydroelectric power. Its facilities also provide substantial flood control, recreation, and fish and wildlife benefits. Visit our website at https://www.usbr.gov and follow us on Twitter @USBR.