Exploring water marketing requires water users to assess the best fit marketing method for their uses.
Generally this will require water users to choose a Water Marketing Transaction Type and Marketing Method.
Water Marketing Transaction Types
The terms and conditions the parties agree to satisfy and execute a transfer of water between the parties.
Water Marketing Methods
The platform or structure used to bring together willing lessors/buyers and willing lessees/sellers.
Water Marketing Transaction Types | ||||||
Water Marketing Method | Sale/Purchase | One-Year Lease | Multi-Year Lease | Option Agreement | Exchange | |
Negotiated Agreement | X | X | X | X | X | |
Auction | X | X | ||||
Reverse Auction (RFP Process) | X | X | ||||
Bulletin Board | X | X | X | X | ||
Rental Pool | X | |||||
Utah Contract Water Bank | X | X | ||||
Utah Statutory Water Bank | X | X | ||||
Agricultural Conservation Project / Program | X | X | ||||