A feasibility study by an independent consultant, such as CWB, may be required when the project will significantly affect the stakeholder’s of the community in which the proposed project is planned.  An acceptable feasibility study should include, but not be limited to:

  

 

Economic feasibility. Information related to the project site; availability of trained or trainable labor; utilities; rail, air, and road service to the site; and the overall economic impact of the project.

Market feasibility. Information on the sales organization and management, nature and extent of market and market area, marketing plans for sale or rental of projected units, extent of competition, and commitments from customers or brokers.

 

 

Financial feasibility. An opinion on the reliability of the financial projections and the ability of the business to achieve the projected income and cash flow. An assessment of the cost accounting system, i.e. job cost, the availability of credit for  the business, and the adequacy of raw materials and supplies.

Management feasibility. Evidence that continuity and adequacy of management has been evaluated and documented as being satisfactory.

 

 

Technical feasibility. Technical feasibility reports shall be prepared by individuals who have previous experience in the design and analysis of similar facilities or projects. The technical feasibility reports shall address the suitability of the selected site for the intended use including an environmental impact analysis. The report shall also identify any constraints or limitations in these financial projections and any other design-related factors which might affect the success of the project. The report shall also identify and estimate project operating and development costs and specify the level of accuracy which these estimates have been based.

 
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