Document ID: EPA-HQ-OPPT-2002-0054-0262
Agency: epa
Document Type: Supporting & Related Material
Title: 
Posted Date: 2002-11-21T05:00Z

Incremental
Cost
Estimates
for
IURA:
Interagency
Review
Comparison
and
Five
Year
Reporting
Cycle
U.
S.
Environmental
Protection
Agency
Office
of
Pollution
Prevention
and
Toxics
Economics,
Exposure,
and
Technology
Division
Economic
and
Policy
Analysis
Branch
July
17,
2002
During
interagency
review,
certain
changes
were
made
to
the
IURA
final
rule.
Two
changes,
adding
a
partial
exemption
for
specific
chemical
substances
and
removing
CBI
reassertion,
effected
the
cost
estimates
for
the
final
rule.
Additionally,
the
Agency
promised
to
make
further
changes
in
a
subsequent
rulemaking
action.
Extending
the
four
year
reporting
cycle
to
five
years
also
effected
the
cost
estimates
for
the
overall
rule,
although
these
changes
will
not
be
realized
until
the
subsequent
action
is
taken.

The
following
table
presents
incremental
costs
for
the
IURA,
comparing
the
IURA
as
it
went
to
interagency
review,
as
finalized,
and
the
effects
of
a
five­
year
reporting
cycle.

Total
Incremental
Cost
Estimates
for
IURA
(
million
2000$)

First
Reporting
Year
Future
Reporting
Years
NPV
Annualized
Cost
3%
7%
3%
7%

IURA
Submitted
to
OMB
Industry
$
73.8­$
88.9
$
74.6­$
89.1
$
289.1­
$
346.0
$
217.3­
$
260.2
$
19.4­
$
23.3
$
20.5­
$
24.6
Agency
$
0.6
$
0.3
$
1.3
$
1.1
$
0.1
$
0.1
Total
$
74.4­$
89.5
$
74.8­$
89.3
$
290.4­
$
347.3
$
218.3­
$
261.3
$
19.5­
$
23.3
$
20.6­
$
24.7
IURA
After
OMB
Review
Industry
$
72.2­$
87.2
$
64.5­$
77.3
$
258.1­
$
309.9
$
195.7­
$
235.1
$
17.3­
$
20.8
$
18.5­
$
22.2
Agency
$
0.6
$
0.3
$
1.3
$
1.1
$
0.1
$
0.1
Total
$
72.8­$
87.8
$
64.8­$
77.5
$
259.5­
$
311.2
$
196.8­
$
236.2
$
17.4­
$
20.9
$
18.6­
$
22.3
Modified
Final
IURA
with
5
Year
Cycle
Industry
$
72.2­$
87.2
$
64.5­$
77.3
$
210.9­
$
253.3
$
162.9­
$
195.9
$
14.2­
$
17.0
$
15.4­
$
18.5
Agency
$
0.6
$
0.3
$
1.3
$
1.1
$
0.1
$
0.1
Total
$
72.8­$
87.8
$
64.8­$
77.5
$
212.3­
$
254.7
$
164.0­
$
196.9
$
14.3­
$
17.1
$
15.5­
$
18.6
Note:
NPV
and
annualized
cost
are
based
on
a
20
year
period.
IURA
after
OMB
review
includes
specific
chemical
partial
exemptions
and
removes
CBI
reassertion.