Project Viability definition

Project Viability means the likelihood that the Project can be successfully developed and provide the Product and services required for the period stated in the Offer. This assessment is based on a review of the status and plans for key Project activities (e.g. financing, permitting, engineering, procurement, construction, interconnection, start-up and testing, operations, fuel supply, water supply, wastewater discharge, labor agreements, site control, etc.).
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Examples of Project Viability in a sentence

  • The implementation of the Project Viability Calculator as a screening tool for use in the evaluation of Offers has brought several advantages: • The Calculator is a step in the direction of more standardized evaluation of viability across all three IOUs. • The Calculator provides a broader set of criteria by which projects are assessed than was the case with PG&E’s prior approach to scoring viability.

  • Most of PG&E’s decisions to select for the short list Offers whose Project Viability Scores fell below its viability cutoff, on the basis of superior scores on attributes such as RPS Goals, supplier diversity, or technology diversity, fall into this category.

  • While the Project Viability Calculator score for this Offer fell below PG&E’s cutoff level, the gap between the score and the cutoff was within ▇▇▇▇▇▇’▇ estimate of the standard error of the Calculator.

  • PG&E viability score The correlation of the IE and PG&E team’s scores using the Project Viability Calculator is poorer than that between valuation models.

  • If one accepts PG&E’s opinion about the viability of the two Offers (disregarding the PG&E team’s Project Viability Score for the first one), then their selection for the short list was entirely fair, reasonable, and consistent; if one accepts ▇▇▇▇▇▇’▇ opinion, their selection would not be.

  • The scoring guidelines for the Project Viability Calculator do not appear to take such issues into account.

  • In screening Offers based on their proposed delivery points, PG&E chose to reject from the short list several projects that proposed to deliver at busbar points outside the CAISO or to interface points of the CAISO, regardless of their valuation or Project Viability Calculator score.

  • This feature of the Project Viability Calculator, however, has the effect of “letting the rich get richer” by favoring proposals from developers who have successful track records and disfavoring those who lack large generation project experience.

  • For example, ▇▇▇▇▇▇ and the PG&E team scored Offers using the same Project Viability Calculator; in nearly all cases the scores differed, but relative rankings of Offers were similar overall.

  • This affords PG&E a certain degree of latitude in making decisions about how to use information about criteria such as Project Viability and RPS Goals and preferences such as service territory and on-line date in selecting Offers.

Related to Project Viability

  • Projects means the projects identified in Exhibit A to the Agreement and all other projects, any costs of which are included in a Transitional Capital Plan pursuant to the Act or are Recovery Costs, and financed, by payment or reimbursement, with the proceeds of Bonds or Notes.

  • Critical infrastructure means a communication infrastructure system, cybersecurity system, electric grid, hazardous waste treatment system, or water treatment facility.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Environmental Infrastructure Facilities means Wastewater Treatment Facilities, Stormwater Management Facilities or Water Supply Facilities (as such terms are defined in the Regulations).

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property: