...improvements "for flood control purposes if the benefits to whomsoever they may accrue are in excess of estimated costs, and if the lives and social security of people are otherwise adversely affected." The Water Resources Development Act of 1986 did not change the Federal interest, but did redefine cost-sharing...

...these waters. The Flood Control Act of 1936 states that there is a federal interest in improvements "for floodcontrol purposes if the benefits to whomsoever they may accrue are in excess of estimated costs, and if the lives and social security of people are otherwise adversely affected."...

...specific language whan intending that an agency engage in cost-benefit analysis" — language such a* "the benefits to whomsoever they may accrue are in excess of the estimated costs," and "the incremental benefits are clearly insufficient to justify the, incremental costs of using such...

...reason for this is that the act stated that, federal participation in flood control could be obtained, 'if the benefits to whomsoever they may accrue are in excess of the estimated costs' (Castle et al. 1981:425). Cost-benefit analysis is the subject of Chapter 5. It was also during the...

...thirties. The United States Flood Control Act of 1936 introduced the principle that a project is desirable if 'the benefits, to whomsoever they may accrue, are in excess of the estimated costs'. However, the precise meaning of a 'benefit' remained unclear, and individual agencies often approached...

...benefits dates back to the US Flood Control Act of 1936, a relevant excerpt of which is reproduced: . . . the Federal Government should improve or participate in the improvement of navigable waters and their tributaries, including watersheds thereof, for flood control purposes if the benefits to...

...development of the current framework for assessing the economic effects of flooding. The Act states, "..that the Federal government should improve or participate...or their tributaries, including watersheds thereof, if the benefits to whomsoever they accrue are in excess of estimated costs".2 The premise behind this...

...practice of CBA developed when the US Flood Control Act, required that projects be undertaken only '. . . if the benefits to whomsoever they may accrue are in excess of the estimated costs . . .' The implementation of this requirement led to the publication of the 'green book', codifying...

...federal water resources planning goes back to the Flood Control Act of 1936 (PL 74-738), which stated that the federal government should improve or participate...improvement of navigable waters or their tributaries for flood control "if the benefits to whomsoever they may accrue are in excess of the estimated costs."3...

...proper federal function and the federal government should improve or participate in the improvement if the benefits to whomsoever they may accrue are in excess of the estimated costs. • A flood control program is justified if the lives and social security of people are adversely affected...