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terms of reference tor # mempcj201006037re - Petroleum ...

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and its technical and financial aspects compared and ranked. The most appropriate<br />

alternative shall be selected for the design <strong>of</strong> the project components.<br />

Topographical, financial, environmental, geo-technical and construction issues<br />

shall be considered during the selection <strong>of</strong> the project layout. In addition, key<br />

schematic drawings for all major components like headworks, water ways,<br />

forebay, desilting basin, penstock, powerhouse, electromechanical equipment,<br />

tailrace, powerhouse single line diagram, switchyard, transmission lines, project<br />

layout in appropriate scale shall be prepared and delivered to the Client.<br />

<br />

Task 3 – A socio-economic and environmental assessment during the construction<br />

and the exploitation phases shall be carried out using the existing ESEE<br />

Environmental and Social Frameworks. The physical, chemical, biological,<br />

cultural and socio-economic environment <strong>of</strong> the project affected area will be<br />

studied. This shall include a social and environmental management plan and a<br />

plan to moni<strong>tor</strong> the implementation <strong>of</strong> the mitigation measures. The project<br />

structuring will take into account possible community and local municipal<br />

government participation considering land rights allocation, local co-investment<br />

and labor contribution. Community participation is considered a key issue in order<br />

to incorporate local perception and sharing <strong>of</strong> costs and benefits for project<br />

construction and for long-term operation and maintenance.<br />

Task 4 – An Economic and Financial analysis shall be performed to determine:<br />

(a) the economic benefits <strong>of</strong> the construction and operation <strong>of</strong> the project for<br />

Jamaica; and (b) its financial soundness for the project sponsors/owners. The key<br />

assumptions used for the economic and financial analysis will be clearly spelled<br />

out (in particular the basis for the various unit costs) and justified. In addition, the<br />

economic and the financial analysis shall include sensitivity analysis around the<br />

key input parameters to assess the impact <strong>of</strong> key parameter variations on the<br />

economic and financial viability <strong>of</strong> the project.<br />

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