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terms of reference tor # mempcj201006037re - Petroleum ...

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investment. The viability <strong>of</strong> the project shall be assessed based on criteria such as<br />

NPV, IRR, ROI and annual net cash flows or any other suitable financial analysis.<br />

3.6 PHASE II KEY ACTIVITIES<br />

Once the economic and financial viability <strong>of</strong> a site has been ascertained through the prefeasibility<br />

study and comments taken into account, and upon instruction from PCJ, the<br />

following additional tasks shall be carried out by the Consultant and the feasibility report<br />

will be prepared: The following paragraphs highlight key activities and products expected<br />

from the Consultant. It is however the responsibility <strong>of</strong> the Consultant to design and carry<br />

out all activities to ensure quality and timely delivery <strong>of</strong> the studies.<br />

<br />

Task 1 – A more detailed geotechnical study, which shall include drilling,<br />

sampling, labora<strong>tor</strong>y testing and factual reports, shall be prepared to determine the<br />

infrastructure requirements and related costs, based on the project layout. The<br />

project components <strong>of</strong> the selected option shall be designed with a degree <strong>of</strong><br />

accuracy expected at feasibility stage reflecting the design concept and improving<br />

the accuracy <strong>of</strong> the cost estimates. Hydraulic calculations and structural sizing<br />

shall be carried out. Design methodologies and design criteria shall be set while<br />

designing the project components. The components <strong>of</strong> the project shall also be<br />

described and specified in general <strong>terms</strong>. Civil, hydro-mechanical,<br />

electromechanical, mechanical, electrical components and other structures <strong>of</strong> the<br />

project shall be developed. A construction schedule shall be prepared by<br />

sequencing and scheduling <strong>of</strong> the project activities. Resources availability and<br />

critical activities shall be taken into consideration while sequencing and<br />

scheduling the project activities. Infrastructure requirements during construction<br />

and operation shall be considered. Such infrastructure requirements and facilities<br />

may include site camps, <strong>of</strong>fices, access roads, construction quarters, construction<br />

power, water supply and sanitation, communication, and transport.<br />

<br />

Task 2 - Alternative functional layout designs shall be considered to identify the<br />

most appropriate one. A schematic layout for each alternative shall be prepared<br />

17

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