Colorado River Transfers and Exchanges
Water transfers involve moving water 
resources
from willing sellers to willing buyers. There are a variety of ways in which
this can occur: interbasin, intrastate and interstate.
However, discussions of transfers and exchanges are still in the distant future. Examples of both short- and long-term augmentation and transfers and exchanges include:
Transfer of Conserved or Tribal Water
This option includes water conserved through a verifiable water conservation program or through fallowing agricultural land with a recent history of use. The conserved water could be leased with the terms and conditions to be negotiated at the time of the lease.