Discounting.
Discounting.
(1) Where possible, damages should be estimated in the form of an expected present value dollar amount. In order to perform this calculation, a discount rate must be selected.
(2) The discount rate to be used is that specified in “Office of Management and Budget (OMB) Circular A-94 Revised” (dated March 27, 1972, available from the Executive Office of the President, Publications, 726 Jackson Place, NW., Washington, DC 20503; ph: (202) 395-7372).
Source
43 CFR § 11.84
Scoping language
Requirement. The authorized official should use the cost estimating and valuation methodologies in 11.83 of this part following the appropriate guidance in this section.