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Home > Terms > English, UK (UE) > Repayment contract
Repayment contract
A contract between a water user's organisation and the Bureau of Reclamation by which the organisation obligates itself to repay a share of the reimbursable construction and other costs (not all construction costs are reimbursed by water users) of a Bureau project in instalments determined in accordance with reclamation law in exchange for delivery of water.
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- Part of Speech: noun
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- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
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