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U.S. Code as of:
01/19/04
Section 2280. Maximum cost of projects
In order to insure against cost overruns, each total cost set
forth with respect to a project for water resources development and
conservation and related purposes authorized to be carried out by
the Secretary in this Act or in a law enacted after the date of the
enactment of this Act, including the Water Resources Development
Act of 1988, or in an amendment made by this Act or any later law
with respect to such a project shall be the maximum cost of that
project, except that such maximum amount -
(1) may be increased by the Secretary for modifications which
do not materially alter the scope or functions of the project as
authorized, but not by more than 20 percent of the total cost
stated for the project in this Act, in any later law, or in an
amendment made by this Act or any later law; and
(2) shall be automatically increased for -
(A) changes in construction costs applied to unconstructed
features (including real property acquisitions, preconstruction
studies, planning, engineering, and design) from the date of
enactment of this Act or any later law (unless otherwise
specified) as indicated by engineering and other appropriate
cost indexes; and
(B) additional studies, modifications, and actions (including
mitigation and other environmental actions) authorized by this
Act or any later law or required by changes in Federal law.
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