2011 07July 06 - Benefit-Cost Analysis of Proposed ORV Use Regulations
This report describes the results of the benefit-cost analysis of the proposed regulation for regulating off-road vehicle (ORV) use in Cape Hatteras National Seashore (the Seashore). For the proposed change in regulation, the National Park Service (NPS) is required to conduct a benefit-cost analysis of the proposed regulation and an analysis of the impact of the regulation on small businesses under the Regulatory Flexibility Act (RFA) of 1980. Following a description of the current and proposed regulations, this report presents baseline information about the Seashore and the current state of ORV activity. From this baseline, an economic impact analysis for the local economy and a benefit-cost analysis of the new regulation were developed as well as an analysis of the impact of the new regulation on small businesses.