Economic Analysis-Valuation of Water Rights for Forbearance

The EAA is seeking an economic analysis of the value of forbearance of the use of Edwards Aquifer Groundwater withdrawal rights. For the past 13 years, the EAA has administered two forbearance programs where it contracts with Edwards Aquifer Groundwater Withdrawal Rights (Water Rights) holders for the suspension of their Water Rights during certain, defined environmental conditions related to drought. The EAA intends to update these programs over the next year and is seeking to understand the appropriate value to be assigned to the contracted Water Rights.