A Financial Impact Assessment of LD 1725: Stream Crossings

Publication Year:
2011
Usage 29
Downloads 24
Abstract Views 5
Repository URL:
http://digitalcommons.usm.maine.edu/water/2
Author(s):
New England Environmental Finance Center; Muskie School of Public Service,
Tags:
construction; cost; model; environmental planning; LD 1725; impact assessment; NEEFC; Architectural Engineering; Civil and Environmental Engineering; Construction Engineering; Economics; Environmental Design; Environmental Engineering; Environmental Indicators and Impact Assessment; Finance; Fresh Water Studies; Growth and Development; Hydraulic Engineering; Sustainability; Urban, Community and Regional Planning; Water Resource Management
article description
This report looks at the potential financial impact of LD 1725 on the estimated 30,000 stream crossings in the State of Maine that would be affected by the law. Our research for this report included the analysis of nearly 2000 stream crossings and the data collection necessary for the development of extensive stream crossing replacement cost models. We found that the 1.2 bankfull requirements in LD 1725 would result in a 75% ‐ 250% increase in structure widths for stream crossing projects across the state. An upsize of this magnitude would increase the cost of replacing stream crossings statewide by $230 ‐ $474 million over the next twenty years. As written, LD 1725 does not provide the funding mechanisms to finance the substantial additional costs that municipalities and state agencies will face.