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Appraisal

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Appraisal
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Breakdown by region
European Union
EFTA countries
Enlargement Countries
Eastern Europe, Southern Caucasus and Russia
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Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin America
Breakdown by sector
Projects Financed
Breakdown by region
European Union
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Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
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Breakdown by sector
Multi-criteria list
Operations Evaluation
Process and methodology

Appraisal

Project appraisal is carried out by the EIB's teams of engineers, economists and financial analysts, in close cooperation with the promoter.

Criteria for a typical EIB appraisal are tailored to each specific project. Results are included in the project report to the Board of Directors for a financing decision.

  • eligibility (consistency with the EU's priority objectives)
  • Overall quality and soundness

Project quality is based on:

Technical scope:

  • definition of the project's "technical description";
  • technical soundness, innovative technology, risks and mitigation measures;
  • information on capacity for products/services.

Implementation:

  • promoter capability to implement the planned project;
  • information on timing and employment during implementation;

Operation:

  • promoter's capability to operate and maintain the project;
  • information on production/service, operating and maintenance costs, employment during operational life.

Procurement:

  • compliance with applicable legislation and EIB guidelines.

Environmental impact:

  • compliance with applicable legislation;
  • information on environmental impact assessment.

Market and demand:

  • analysis of the products/services demand over the project's life, with reference to sectoral studies of the Projects Directorate.

Investment cost:

  • information on project costs and its detailed components;
  • comparison with cost of similar projects.

Profitability:

  • information on financial profitability and related indicators (e.g. rate of return);
  • information on economic profitability.

Once financed, the project's progress is regularly monitored.


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http://www.eib.org/projects/cycle/appraisal/index.htm