SCHEDULE 2 MANDATORY ASSESSMENT CRITERIA – Proposed Projects must address all the mandatory assessment criteria outlined in Table 1. criteria also apply for Proponents seeking funding under both the National Water Infrastructure Loan Facility and the National Water Infrastructure Development Fund. Proponents should also to the National Water Infrastructure Development Fund Capital – Component Guidelines when developing responses. 1: Mandatory assessment criteria Mandatory criteria no. (weighting) Description The proposed Project involves construction of Proponents must demonstrate that there is a clear Water Infrastructure (5%) need for the infrastructure, and that the infrastructure is significant and in the national interest. The Project must new capacity online, either through the construction of new infrastructure or by materially enhancing existing infrastructure. The proposed Project will be managed in Proponents must demonstrate that the accordance with the National Water Initiative anticipated Project and the water resources for principles (15%) the Project are managed in accordance with the principles of the National Water Initiative. The proposed Project will be of Public Benefit Proponents must demonstrate the public and (10%) private benefits expected to be delivered from the Project. The Project should support long-term regional economic growth and development by providing secure and affordable water through investments in economically viable Water Infrastructure that will be managed in accordance with the principles of the National Water Initiative. In considering Public Benefit, preference will be given to those Projects that will: supply water or have the capacity to supply water to multiple users produce benefits to the broader economy, community and environment. The proposed Project is unlikely to proceed, Proponents must demonstrate that financial or will only proceed at a much later date, or assistance is necessary to enable the Project to with a limited scope, without assistance from proceed, or to proceed much earlier than it would the Commonwealth (5%) otherwise. The proposed Project has received or will Evidence of regulatory and planning approvals is receive the required regulatory and required, including but not limited to: administrative approvals required to proceed Environmental Impact Assessment to construction (15%) State development approvals. Overall business case (35%) Proponents should provide advice on the various components the Australian Government requires, including: Cost benefit analysis Demand forecasting and price modelling
SCHEDULE 2 – MANDATORY ASSESSMENT CRITERIA Proposed Projects must address all the mandatory assessment criteria outlined in Table 1. criteria also apply for Proponents seeking funding under both the National Water Infrastructure Loan Facility and the National Water Infrastructure Development Fund. Proponents should also to the National Water Infrastructure Development Fund – Capital Component Guidelines when developing responses. 1: Mandatory assessment criteria Mandatory criteria no. (weighting) Description The proposed Project involves construction of Water Infrastructure (5%) Proponents must demonstrate that there is a clear need for the infrastructure, and that the infrastructure is significant and in the national interest. The Project must new capacity online, either through the construction of new infrastructure or by materially enhancing existing infrastructure. The proposed Project will be managed in accordance with the National Water Initiative principles (15%) Proponents must demonstrate that the anticipated Project and the water resources for the Project are managed in accordance with the principles of the National Water Initiative. The proposed Project will be of Public Benefit (10%) Proponents must demonstrate the public and private benefits expected to be delivered from the Project. The Project should support long-term regional economic growth and development by providing secure and affordable water through investments in economically viable Water Infrastructure that will be managed in accordance with the principles of the National Water Initiative. In considering Public Benefit, preference will be given to those Projects that will: supply water or have the capacity to supply water to multiple users produce benefits to the broader economy, community and environment. The proposed Project is unlikely to proceed, or will only proceed at a much later date, or with a limited scope, without assistance from the Commonwealth (5%) Proponents must demonstrate that financial assistance is necessary to enable the Project to proceed, or to proceed much earlier than it would otherwise. The proposed Project has received or will receive the required regulatory and administrative approvals required to proceed to construction (15%) Evidence of regulatory and planning approvals is required, including but not limited to: Environmental Impact Assessment State development approvals. Overall business case (35%) Proponents should provide advice on the various components the Australian Government requires, including: Cost benefit analysis Demand forecasting and price modelling
NWILF_Investment_Guidelines_April_2018.docx