Contents 



Page 



Chapter Summary 141 



Effects on Wetlands 141 



Program Effects Not Reflected in Permit Data 142 



Program Effects Reflected in Program Data 143 



Effects on Development Activities 145 



Benefits of the 404 Program to Regulated Sectors 146 



General Objections to the Program by Regulated Sectors 147 



Specific Impacts of the 404 Program 152 



Processing Costs 154 



Modification Costs 155 



Delay Costs 156 



Percentage of Permits Delayed 156 



Length of Delays 157 



Sources of Delays 157 



Opportunity Costs 159 



Distribution of Costs 160 



Chapter 7 Technical Notes 161 



TABLES 



Table No. Page 



23. Corps of Engineers' Wetland Acreage Survey, 1980 to 1981 145 



24. Estimated Effects of Technology Transfer on Financial Costs 147 



