tefr.pptx
DESCRIPTION
tefTRANSCRIPT
Techo Economic Feasibility Report (TEFR)(2nd stage of evaluation phase)
Preliminary expenditure involved (PFR stage) Market survey
Survey & preparation of plan Infrastructure Site investigation
Land Acquisition Process technology acquisition Preparation of TEFR
Searching for sources & suppliers Consultant fee up to DPR approval
PROJECT ESTIMATES Thumb rule for the % of project cost factor Project development & DPR -2% Engineering & design Materials & equipment Fabrication & construction
-13% -55% -30%
TEFR Project scope is defined Size & methods determined
Resources investigated Total feasibility of the proposal studied & cleared The expenditure for the preparation of TEFR worked out to
be 1% of the project cost TEFR Improvement of PFR Project appraisal division of central planning commission
prepaid guidelines of TEFR Objective of TEFR is to give enough data for the proper
assessment of the technical financial & economic feasibility of the proposed project.
AM
- Administrative Ministry CPIB - Committee of Public Investment Board PIB - Public Investment Board CCEA - Cabinet Committee on Economic Analysis TEFR - Techno Economic Feasibility Report
Procedure for submission & clearance of TEFR 40 Copies of TEFR along with a memorandum should be
presented to the secretary of PIB thro secretary of AM concerned with the project The ministry concerned will examine the completeness of TEFR Format for PIB memorandum with TEFR should be presented Even for private sector project(require no financial assistance from Govts) TEFR is necessary PIB secretariat in the Dept.of expenditure forward copies of TEFR to all the appraising depts inviting their comments on it. Comments are compiled & presented plan finance
Criteria considered for appraisal of TEFR Socio economic objectives
Economic benefit & commercial profit Project belongs to public /private/small scale sector Fund availability Plant capacity, export potential Crucial assumptions made in the estimation Technological
& constructional aspects from investment point of view Low priority project with large financial outlays are seldom cleared by PIB
FE - Criteria for clearance:(Foreign Equity) Resultant import substitution
Substantial cost effectiveness Inflow of concessional financial assistance from abroad Project in core sector gets higher priority TEFR Expected to be cleared in 3 months from the time
of submission Committee/public undertakings should give remarks in its report for delays