Number and the title of the priority: / 3.3. / Development of Transport Network of European Significance and Promotion of Sustainable Transport
Number and the title of the measure: / 3.3.1. / Improvements and Development of Large Scale Transport Infrastructure
Number and the title of the activity: / 3.3.1.2. / Reconstruction and Development of the TEN-T Railway SECTIONS (Development of the East-West railWAY corridor infrastructure and Rail Baltica)
Project selection procedure / limited selection of project applications
Ministry / Ministry of Transport
1. QUALITY CRITERIA / System of appraisal / Criterion weight
Points
Project economical rate of return ERR is:
P.S. Points will be assigned according to amount of ERR. For example, if project ERR=6, then it receives in this criteria 6 points. / ERR / Points=ERR / 90%
Project duration / Up to two years including
From two till three years including
From three till four years including
More than four years / 4
3
2
1 / 10%
- In order to determine total score for specific criterion, received points are multiplied by number corresponding to criterion weight (for example, 90% corresponds to number 90).
- Project application, which receives total score less than 505 points for quality criteria, shall be rejected.
- After evaluation, project applications will be listed in priority sequence according to number of points received.
1.1. QUALITY CRITERIA ON HORIZONTAL PRIORITIES / System of appraisal / Rejectable or correctable
Yes/ No
Implementing the project, requirements of legislative documents of the Republic of Latvia regulating construction and examples of good practice regarding the environmental accessibility for persons with functional disorders will be taken into account / N
Implementing the project, negative impact on the quality of the environment will be eliminated or reduced / N
2. ELIGIBILITY CRITERIA
2.1. PROJECT APPLICANT ELIGIBILITY CRITERIA / System of appraisal / Rejectable or correctable
Yes/ No
Project applicant has not been launched insolvent, is not in the phase on liquidation and its commercial activity is not suspended or terminated / N
Project applicant doesn’t have tax and state social security payment debts / N
Project applicant has sufficient and stable financial resources to secure national co-financing[*]. / N
Project applicant has undertaken to secure financing from own resources in case of increase of project costs / N
Project application contains description of project management, implementation and monitoring scheme and resources required for it (number, qualification and responsibilities of personnel involved, technical and resource base) / N
Project management team has appropriate experience and sufficient project management capacity, and professional and technical knowledge / N
Land necessary for project implementation is property of project applicant or project applicant declares that project applicant will be able to ensure acquisition of land in project applicant’s ownership till start of construction / N
2.2. PROJECT ELIGIBILITY CRITERIA / System of appraisal / Rejectable or correctable
Yes/ No
Cost-benefit analyses has been carried out for the project / N
In Cost-benefit analysis real financial discount rate of 5% and social discount rate of 5,5 % has been used / N
Project economical net present value ENPV>0 / N
Project economical rate of return ERR >5,5% / N
Risk and sensitivity analyses has been carried out for the project / N
Project implementation will be finalized until 31 August 2015 / N
Project corresponds to the aim of the activity - to develop high quality railway transport infrastructure integrated in the common transport system of the Eurasia by increasing throughput capacity of East-West transport corridor and reducing number of railway traffic speed and other technical operation limitations; start linking the Baltic States with the Central Europe with effective railway system (project Rail Baltica) / N
Expenditures included in project budget correspond to the average forecasted construction market prices in the year of implementation of the project and are necessary to reach the results of the project and implement the planned activities / N
Planned monitoring indicators within project application are precisely defined and measurable / N
Project ensures increase in capacity of railway corridor in locations, where district’s throughput capacity does not correspond to the forecasted amount of freight traffic / N
Project is necessary for the development of other projects, in order to ensure balanced development of transport system / N
Project is located in the route Ventspils-Riga-Moscow or „Rail Baltica” route in the territory of the Republic of Latvia / N
Project total eligible costs are at least 3514 020 LVL / N
Project foresees creation of new infrastructure or development of new routes / N
Project is not and has not been financed or co-financed from other EUROPEAN UNION financial resources, as well as other state and municipal budget resources, and actions planned within project don’t overlap with actions, which are financed within other EUROPEAN UNION funds activities and other financial instruments / N
Measures for publicity and dissemination of information planned within project correspond to requirements set in legislative acts relevant to management of EUROPEAN UNION funds / N
The sustainability of the results of the project will be provided - maintenance of object will be ensured after completion of the project / N
3. ADMINISTRATIVE CRITERIA / System of appraisal / Rejectable or correctable
Yes/ No
Project applicant is invited to submit project application / N
Project application has been submitted in due time determined by the Responsible Authority / N
Project application is prepared in printed form (in cases when project application is not submitted in the form of electronic document) / N
Project application form is prepared in Latvian and English, if project total costs are at least 35140 200 LVL. Project application is prepared in Latvian, if project total costs are less than 35140 200 LVL. / N
1 original and 1 copy of project application has been submitted (in cases when project application is not submitted in the form of electronic document) / N
Project application pages are numbered (in cases when project application is not submitted in the form of electronic document) / P
Project application copies match with project application original (in cases when project application is not submitted in the form of electronic document) / N
Project application is prepared according to activity’s project application form / N
Project application is filled out fully, incl. annexes attached / N
Project application financial plan and summary of budget does not contain arithmetical mistakes / P
Project application does not contain unfinished corrections- deletions, highlights or additions / N
Project application has been signed by head of the project applicant institution or authorized person / N
Percentage and amount of Cohesion Fund co-financing has been calculated correctly / P
Positions and amount of costs shown in project application correspond to costs and amount set in regulations on implementation of the activity / N
4. FINANCING ALLOCATION CRITERIA / System of appraisal / Rejectable or correctable
Yes/ No
Project application complies with criteria No. 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 35, 36, 37, 39, 40, 42 and received at least 505 points for quality criteria No.1, 2 / N
Listing in priority sequence project applications evaluated with “Yes” in criterion no.43 starting with project application which has received the most number of points, there is enough financing for project which is allocated for project selection round / N
Designations
N – Project is rejected in case of negative evaluation.
P – In case of negative evaluation, decision is taken about the acceptance of the project with the condition (project applicant has to ensure compliance to criteria in the time-limit set in the decision).
1
[*]If project applicant plans to co-finance the project from credit resources, guarantee letter from Credit Institution must be attached or proof on possibilities to attract credit resources for implementation of the project in the sufficient amount.