Waterfront Investment Program Evaluation Criteria

Your application to the Waterfront Investment Program will be evaluated against the following criteria for a possible 100 points.

Application Question Project Details 5 Points
Section B-9 Is the applicant contribution clearly listed? Is the resourcing feasible? 2
Section B-10 Are there additional sources of funding? How many are private investments? Are the sources confirmed? Is there budget contingency? 3
Application Question Project Development and Implementation 35 Points
Section C-21 Is the applicant contribution clearly listed? Is the resourcing feasible? 2
Section C-22 Are there additional sources of funding? How many are private investments? Are the sources confirmed? Is there budget contingency? 4
Section C-23 Within the schedule and approach, are all tasks supported with a reasonable timeline and cost which is confirmed through attached documentation? Do the tasks portray a feasible, economically significant and well-managed project? 10
Section C-24 Does the implementation capacity indicate that there is adequate staffing and organizational capacity for project completion? 2
Section C-25 Are there specific contracting and procurement processes for obtaining products and services? 2
Section C-26 Is the project management strategy clear, reasonable and likely to succeed? 3
Section C-27 Does the ongoing / long-term management strategy provide for the economic resiliency of the project as well as address long-term environmental and social factors? 5
Section C-28 Are the project metrics clearly identified? Are they appropriate tools for measuring project success? 4
Section C-29 Does the risk analysis provide a detailed description of potential project risks and a reasonable plan for managing them? 3
Application Question Economic Impact 50 Points
Section D-30 Are the drivers of investment justified? Does the application indicate both a regional and local requirement for investment? 5
Section D-31 Is there a significant private and / or public investment in the project? Is there a significant range of investment? 10
Section D-33 Is the estimated increase in assessment value on project land significant? 5
Section D-34 Is the estimated increase in assessment value on the surrounding area significant? 3
Section D-35 Do the potential business opportunities reflect fiscal sustainability and community impact? 5
Section D-36 Is the revenue generated reasonable and significant? 6
Section D-37 Are the employment opportunities generated reasonable and significant? 6
Section D-38 Does the application identify and justify the project as a regionally significant investment? 10
Application Question Public Realm 7 Points
Section E- 39 Does the public realm component benefit the municipality? Does it provide access to the waterfront? 2
Section E-40 Is the design of the public realm component considered to promote multi-modal access, connect exisiting networks and inetgrate into the community? 2
Section E-41 Is there a regional benefit to the project's public realm component? 3
Application Question Public Realm 3 Points
Section F-42 Are there ecological improvements and protections? Smart growth? Energy efficiency? 3

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