WestWater’s Brett Bovee talks northern CO water benchmarks

Brett Bovee discusses in a recent article in the Colorado Real Estate Journal why new ways to benchmark water prices in Colorado need to be developed as the gold standard of using prices for Colorado-Big Thompson Project (CBT) water doesn’t work as an index for many reasons. In addition to other points, he explains that the extremely high price of CBT water has slowed down water trading to a trickle.