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terms of reference tor # mempcj201006037re - Petroleum ...

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Chart 2. Location <strong>of</strong> Installed, Proposed and Potential Hydro Power Sites in<br />

Jamaica<br />

The consulting firm shall be selected using quality and cost based selection criteria<br />

following World Bank Procurement Guidelines.<br />

3.2 MAIN OBJECTIVE OF THE STUDIES<br />

The main objective <strong>of</strong> the hydropower feasibility studies is to ensure that technically,<br />

environmentally, socially and financially viable hydropower developments may be<br />

recommended for financing, private sec<strong>tor</strong> involvement and connection to the national grid.<br />

For each site the Consultant will be expected to recommend the appropriate investment<br />

(size, expected output, initial capital cost, interconnection to the grid, etc.), operational rules,<br />

organizational structures, revenue requirements, government incentives as appropriate<br />

,environmental and social management plans, to assess the economic and social benefits for<br />

Jamaica, and to carry out a financial analysis from the opera<strong>tor</strong>’s perspective and to propose<br />

measures to manage the various risks.<br />

The feasibility study for each hydro site shall be carried out in two (2) phases.<br />

12

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