Đang tải... (xem toàn văn)
Project appraisal methods and procedures tài liệu, giáo án, bài giảng , luận văn, luận án, đồ án, bài tập lớn về tất cả...
Project Appraisal: Methods and Procedures René van Zonneveld Senior Technical Advisor Projects Directorate, EIB 15 June 07 EIB-R van Zonneveld Project Appraisal Process International bodies and agreements External levels Recommendations European Commission Opinion National Government Opinion Start of repayment of loan Promoter First informal contact Services EIB levels Management Committee Signature Appraisal of loan agreement Prelim screening Appraisal authorisat Loan proposal to Board Monitoring Completion exercise Ex-post exercise by EV Annual report Loan approval Report Specific Recommendations Board of Governors 15 June 07 Time axis Disbursement(s) Board of Directors Remarks: Info to be supplied Poor quality projects to be ruled out at early stage includes site visit by technical expert EIB-R van Zonneveld includes Technical Description as annex A are various loan conditions fulfilled? Eligibility Legal framework Regional development Rational use of energy,efficiency Environmental protection etc Policies, public acceptance Licensing, safety Environmental compatibility Procurement Promoter's standing Investment cost Management capability Business strategy Financial robustness Access to loan securities Local and foreign currencies Phasing of expenditure Margins for var.contingencies Cost justification Market prospects Procurement Demand pattern Techn.characterist./procedures Degree of competition Tariff level and structure Product quality PROJECT (stage of development at the time of appraisal varies) Technology and Design Co-lender's requirements Time schedule Viability and performance Adaptation to technic.progress Local-specific requirements Appropriate technical capacity Life expectancy Preparat.of feasibility studies Environmental studies Licensing requirements Time needed for procurement Local conditions (climatic etc) Economic+financial viability Cost effectiveness Financial intern rate of return Economic intern rate of return Pay-back period etc 15 June 07 Geographical location Promoter's experience Environmental compatibility Impact analysis,mitigat.measures Direct, indir.,long-distance effects Prevention vs."end-of-pipe" Compliance with intern.standards Least-polluting technology EIB-R van Zonneveld KEY ELEMENTS FOR APPRAISAL { { { { { 15 June 07 Eligibility Regional Development Rational use of energy, efficiency Environmental protection R&D etc EIB-R van Zonneveld KEY ELEMENTS FOR APPRAISAL { { { { 15 June 07 Legal Framework Policies, public acceptance Licensing, safety Environmental compatibility Procurement EIB-R van Zonneveld KEY ELEMENTS FOR APPRAISAL { { { { 15 June 07 Promoter’s standing Management capability Business strategy Financial robustness Access to loan securities EIB-R van Zonneveld KEY ELEMENTS FOR APPRAISAL { { { { { { 15 June 07 Technology and Design Project Definition Viability and performance Adaptation to technical progress Local-specific requirements Appropriate technical capacity Life expectancy EIB-R van Zonneveld KEY ELEMENTS FOR APPRAISAL { { { { { 15 June 07 Time Schedule Preparation of feasibility studies Environmental studies Licensing requirements Time needed for procurement Local conditions (climatic, etc) EIB-R van Zonneveld KEY ELEMENTS FOR APPRAISAL { { { { 15 June 07 Procurement Techn characteristics-procedures Geographical location Promoter’s experience Co-lender’s requirements EIB-R van Zonneveld KEY ELEMENTS FOR APPRAISAL Procurement To follow: Guide to Procurement (Febr.2004) { Inside EU->EU Directives { Outside EU-> Main Mechanisms of the EU Directives 15 June 07 EIB-R van Zonneveld 10 KEY ELEMENTS FOR APPRAISAL { { { { 15 June 07 Investment Cost Local and foreign currencies Phasing of expenditure Margins for var contingencies Cost justification EIB-R van Zonneveld 11 KEY ELEMENTS FOR APPRAISAL { { { { { 15 June 07 Environmental and Social Compatibility Impact analysis, mitigation measures Direct, indirect, long-distance effects Prevention vs « end-of-pipe » Compliance with international standards Least-polluting technology EIB-R van Zonneveld 12 KEY ELEMENTS FOR APPRAISAL { { { { 15 June 07 Market prospects Demand pattern Degree of competition Tariff level and structure Product quality EIB-R van Zonneveld 13 KEY ELEMENTS FOR APPRAISAL { { { { 15 June 07 Economic+Financial Viability Cost effectiveness Financial internal rate of return Economic internal rate of return Pay-back period, etc EIB-R van Zonneveld 14 15 June 07 EIB-R van Zonneveld 15 Special Issues in Project Preparation, Appraisal, Implementation and Completion 15 June 07 EIB-R van Zonneveld 16 Special Issues in Project Appraisal, Making Technical Expertise Available { During project preparation z z z z 15 June 07 Feasibility Studies-ToR Feasibility Studies-Comments Financial Engineering Environmental and Social Aspects EIB-R van Zonneveld 17 Special Issues in Project Appraisal, Making Technical Expertise Available { During Appraisal z z z z z z 15 June 07 Review of Project Design Phasing of Project Implementation Supervision Mechanisms Optimize Finance Plans Optimize Procurement Strategies Review of profitability aspects and tariffs EIB-R van Zonneveld 18 Special Issues in Project Appraisal, Making Technical Expertise Available { During Implementation z z z 15 June 07 Establishment of Project Implementation Units; involvement of Consultants Review of Procurement Procedures and Evaluation Process Identification of Implementation Difficulties and Remedial Measures EIB-R van Zonneveld 19 Special Issues in Project Appraisal, Making Technical Expertise Available { Project Completion z z z 15 June 07 Project Review with Promoter Establishment of Lessons Learnt Identification of Follow-up projects EIB-R van Zonneveld 20 Special Issues in Project Appraisal, Making Technical Expertise Available { 15 June 07 Under certain circumstances the EIB could participate in providing technical assistance EIB-R van Zonneveld 21 Special Issues in Project Appraisal, Making Technical Expertise Available { After identification of a feasible project, promoters should involve financiers at an early stage z z z z z z 15 June 07 Detailed project preparation, including review of Carbon Credit Issues Special Requirements on Environment and Procurement Guarantees Insurance Risk Mitigation Acceptability of financial and economic profitability levels EIB-R van Zonneveld 22 ... Procurement Demand pattern Techn.characterist. /procedures Degree of competition Tariff level and structure Product quality PROJECT (stage of development at the time of appraisal varies) Technology and Design... Issues in Project Preparation, Appraisal, Implementation and Completion 15 June 07 EIB-R van Zonneveld 16 Special Issues in Project Appraisal, Making Technical Expertise Available { During project. .. Environmental and Social Aspects EIB-R van Zonneveld 17 Special Issues in Project Appraisal, Making Technical Expertise Available { During Appraisal z z z z z z 15 June 07 Review of Project Design