Substitutability.

Substitutability. In calculating compensable value, the authorized official should incorporate estimates of the ability of the public to substitute resource services or uses for those of the injured resources. This substitutability should be estimated only if the potential benefits from an increase in accuracy are greater than the potential costs.

Source

43 CFR § 11.84

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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.

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