Eligible Categories. The following are eligible categories of investment for Public Infrastructure projects proposed under the Base Funding initiative: a) National Priorities (described above in 1.3.1 of this Schedule) b) Local and Community Priorities (described above in 1.3 of this Schedule) c) NonCore National Highway System Infrastructure d) Safetyrelated rehabilitation under National Priorities and Local and Community Priorities In recognition of the importance of a longterm planning approach to address public infrastructure needs in Canada, British Columbia will develop a longterm, 1015 year British Columbia Infrastructure Plan. The British Columbia Infrastructure Plan should include: 1. An overview of British Columbia’s strategy for public infrastructure in the province, including key challenges, its approach to identifying needs and planning for new public infrastructure, and its process for evaluating and managing current infrastructure assets. 2. For each of the areas of water and wastewater, public transit, core National Highway System infrastructure and green energy infrastructure, the Plan will include: a) A description of the infrastructure’s current state; b) An identification of the desired outcomes in the sector over 1015 years; c) Infrastructure issues, challenges and pressures in the sector over 1015 years; d) An identification of potential infrastructure gaps in 1015 years; e) Significant infrastructure priorities in the sector over 7 years including: • The estimated costs associated with identified needs in the sector over a five to seven year period. • For priorities that have already received or been formally approved for funding from any level of government (e.g. in the case of the federal government having signed a contribution agreement), this should be indicated. f) Strategies (funding and nonfunding) to achieve desired outcomes, including lifecycle planning, monitoring and accountability mechanisms. Discussion of funding strategies should be limited to initiatives that are fully within the control (not dependent on federal approval) of British Columbia. 3. In undertaking the above, the British Columbia Infrastructure Plan should take into consideration a number of factors including, but not limited to: • How priorities will support provincial objectives as well as those of a growing economy, a cleaner environment, and stronger communities; • An exploration of innovative approaches to address priorities, including the use of P3s; • Consideration of system integration, regionallyplanned approaches, and, where appropriate, complimentary policies in the following sectors: water and wastewater, public transit, Core National Highway System infrastructure and green energy infrastructure; • Appropriate federal and provincial legislation and regulations; • Existing provincial plans; and, • Where relevant, reference to local and municipal government initiatives. 4. Reviews and Amendments
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Sources: Infrastructure Framework Agreement, Infrastructure Framework Agreement