How to write a feasibility study for a construction project

Give you an outline, refer to the first chapter of the General Introduction General Introduction as the first part of the feasibility study report, to synthesize the main issues and conclusions of the various parts of the research report, and the feasibility of the project with or without the final recommendations for the approval of the feasibility study to provide a convenient. First, the project background (a) the name of the project (b) the nature of construction: refers to the new construction or expansion (c) the project construction unit, legal representative, form of ownership (d) the project's proposed construction site (e) undertake the feasibility study of the unit and the legal representative (or person in charge of) (f) the feasibility study report is based on the preparation of the following: support the project's economic policy and industrial policy. Including national industrial development planning, the development of industrial business policies, the city's medium- and long-term development of the industry to which the project belongs to the city planning requirements, autonomous regions of the project proposal for the validation of the views. Feasibility study report preparation basis to cite the relevant regulations, policies, planning catalog and document number. (VII) Scope of preparation of feasibility study report (VIII) Principles of preparation of feasibility study report (IX) Overview of the preparation of the feasibility study report 1, the necessity of project construction 2, project development and overview of the feasibility study work II. Conclusion of the feasibility study report In the feasibility study, the project's sales of products, the supply of raw materials, the scale of production, the factory site (construction address), technical solutions, total funding and financing, The project's financial benefits and national economy, social benefits and other major issues, should be a clear conclusion. Feasibility study conclusions include. (a) market forecast and scale of project construction (b) raw materials, fuel and power supply (or water supply, heating mode) (c) plant site (construction address) (d) project engineering and technical solutions (e) environmental protection (f) the organization and staffing of labor after the completion of the project (g) the progress of the project construction (h) investment estimation and financing (ix) the project's financial and economic evaluation (j) the project comprehensive evaluation of the conclusions 1, Comprehensive evaluation: necessity, feasibility, technological advancement, economic rationality and environmental evaluation of the project construction. 2, the conclusion of the argumentation Third, the main technical and economic indicators in the general part of the study can be summarized in each part of the main technical and economic indicators, listed in the table of the main technical and economic indicators, so that the approval and decision-makers have a comprehensive understanding of the full picture of the project. IV. Existing Problems and Suggestions The main problems of the project proposed in the feasibility study are explained and suggestions are made to solve them. Chapter II background and necessity of the project This part should mainly explain the initiation process of the project, the reasons for the proposed, the development process of the preliminary work, the intention of the investor, the need for investment and other feasibility studies based on the work. To this end, the background of the project and the development of a systematic description of the background of the project, the reasons for investment, in the feasibility study has been carried out before the work and its results, important issues of decision-making and the decision-making process and so on. While describing the development of the project overview, should be able to clearly put forward the project's feasibility study focus and issues. I. Background of the project: Explain the reasons and main basis for the project, such as national and regional industrial policies, industry planning, investment direction, market factors, relevant documents and decisions of government departments. Second, the project development profile The project development profile refers to the project in the feasibility study of the work carried out before the situation, including: (a) has been carried out in the investigation and research projects and results ※ (b) experiments, trial work (project) situation (c) the construction of the address of the initial survey and the preliminary measurement of the work situation (d) the preparation of the project proposal, put forward and the approval process Third, the necessity of the project and the purpose of the significance of the project construction: analysis of the construction of the project to adjust the structure of the agricultural industry and rural areas, the construction of the project is important for the development of the agricultural industry. Construction of the adjustment of the structure of agricultural industry and rural economic structure, the development and utilization of agricultural resources, improve agricultural production conditions and the ecological environment, cultivate and grow the leading industries, improve the content of agricultural science and technology, enhance the radiation of leading enterprises to drive the ability to increase the income of farmers, improve the efficiency of enterprises, the development of the urban construction, and to promote the city's economic construction and other aspects of the positive role and social benefits. Chapter III Construction Conditions I. Overview of the project area 1, geographic location and regional scope 2, natural resource conditions: including hydrology, meteorology, soil, river systems, etc. 3、Socio-economic conditions 4、Infrastructure 5、Socio-economic conditions (agriculture): including the area of arable land, rural population and agricultural labor force, the industrial structure of the city where the project is located, the gross domestic product, fiscal revenue, per capita income of farmers, etc. ※6, the development status of project-related industries: the development status of pre-production, production and post-production (agriculture). 7, the choice of project construction site: in accordance with the impact of the project's economic benefits, social benefits, investment and other aspects of the comparative analysis and comparison, the choice of construction sites. 8, the analysis of environmental conditions 9, the comparison of various costs 10, topography, geomorphology, geology of the comparison Second, the project implementation of favorable conditions 1, the policy environment ※ 2, the advantages of resources ※ 3, the market advantage 4, the infrastructure conditions: including water supply and drainage, heating, power supply, traffic, efficiency, transportation, communications, energy and market construction conditions. Main obstacles and solutions ※ Chapter IV Basic information of the construction unit (belonging to industrial, agricultural and business projects) I. Overview of the construction unit: development history, existing product types, main business, enterprise system, management mode, personnel structure, etc.. R&D capability: the scientific research and development capability of the enterprise itself and its technical trust unit. Third, the financial situation of the enterprise: the enterprise's assets and liabilities and profit and loss, bank credit rating, etc.. ※ Chapter V Market Analysis and Sales Program (belonging to industrial and agricultural and business projects) I. Market Analysis 1, the current supply and demand situation of the product market: the supply and demand situation of the relevant products in the domestic and foreign markets. Focus on the investigation of the current layout of domestic counterparts and production and sales of enterprises. 2, the product market outlook analysis: analyze and predict the future market demand for the project products and the enterprise's competitive advantages and market share. 3, the competitive advantage of the project products in the market: the project product cost, price, industry standards, quality requirements and the supply and demand for project products to the extent of the impact of price changes of similar products. Second, the product production and sales program According to the market outlook analysis, the project product market positioning, production scale, expected sales targets. Third, sales strategy and marketing model Fourth, the sales team and sales network construction Chapter VI Project Construction Program 1, construction tasks and scale Second, the project planning and layout ※ Third, the production technology program and process flow Fourth, the project construction standards and specific construction content All the individual projects invested in by the project, supporting the project are within the scope of the project. 1、Construction standards Technical parameters of the project products, process flow, selection of major process equipment, the main raw material consumption indicators. 2、General layout 3、Area coverage and analysis 4、Civil engineering (1) Architectural features and structural design of main buildings and structures (2) Special foundation engineering design (3) Building materials (4) Ancillary facilities (5) Greening (6) Other 5、Other engineering (1) Water supply and drainage engineering (2) HVAC engineering (3) Electrical engineering (4) Power and utility engineering (5) Earthquake prevention (6) Life and welfare facilities. Facilities V. Project construction schedule. Draw an image of the progress of construction schedule (Figure). Chapter VII Investment Estimation and Financing I. Basis for Investment Estimation II. Project Construction Investment Estimation 1, Project Construction Investment Estimation: civil construction investment and composition; equipment investment and composition; working capital; other investment and composition. 2, the direction of investment in non-reimbursable funds: the main scientific and technological measures and input estimates; loan size and discount estimates; public welfare construction measures and investment estimates; preliminary work costs. Third, the source of funds and financing. In accordance with the relevant provisions of the state, the source of funds and financing methods. 1, apply for the central financial funds 2, apply for autonomous regions and complementary funds 3, local financial supporting capacity analysis 4, the project construction unit self-financing and self-financing capacity analysis 5, bank loan reliability analysis (to be issued by the bank loan letter of intent) 6, other funds Fourth, the use and management of funds. Including the annual use of funds, reimbursable funds and bank loan restitution measures and restitution plan (in order to ensure the return of financial reimbursable funds, to be guaranteed by a qualified unit) and so on. Chapter VIII Financial and Social Benefit Evaluation (belonging to industrial, agricultural and business projects, infrastructure projects do social benefit evaluation) ※ I. Basis of Financial Evaluation Explanation of the relevant fees and charges standards, financial system regulations, tax policies, capital occupancy rates, bank loan interest rates, discount rate (10% for processing projects, 8% for other projects), the project calculation period (12 years). ※2. Estimation of sales revenue and sales tax and surcharge 1. Sales revenue, detailed estimation of product sales revenue, service revenue and other revenue. 2. Sales tax and surcharge. Estimate the project's urban construction tax, sales tax, resource tax and education surcharge. ※ Third, the total cost and operating cost estimates 1, unit product production cost estimates 2, the total cost of the project estimates 3, operating cost estimates ※ Fourth, the financial benefits of the analysis of the financial evaluation is to examine the profitability of the project after completion of the ability to repay the debt of the financial situation, in order to determine the financial viability of the project. 1, profitability analysis: calculate the investment margin, static investment return period, financial internal rate of return and financial net present value and other indicators. 2、Capability Analysis: Calculate indicators such as asset and liability ratio, bank loan repayment period, and financial reimbursement ability of reimbursable funds. Uncertainty analysis 1, break-even analysis 2, sensitivity analysis ※ Sixth, the conclusion of the financial evaluation ※ Seventh, the national economic evaluation National economic evaluation is the core part of the economic evaluation of the project, is the decision-making department to consider the important basis for the project trade-offs, evaluation of the project in the economic rationality. The national economic evaluation adopts national economic profitability analysis and foreign exchange effect analysis, and takes the economic internal rate of return (EIRR) as the main evaluation index. According to the specific characteristics of the project and the actual needs, can also calculate the economic net present value (ENPV) indicators, involving the export of products to generate foreign exchange or alternative imports to save foreign exchange projects, to calculate the economic net present value of foreign exchange (ENPV,), the economic cost of foreign exchange or the economic cost of saving foreign exchange. ※ VIII. Uncertainty Analysis When evaluating construction projects, most of the data used come from projections and estimates. Due to the limited nature of data and information, the actual situation in the future may be different from this, which will bring risks to the project investment decision. In order to avoid or minimize the risk, it is necessary to analyze the impact of uncertainty factors on the project's economic evaluation indicators to determine the reliability of the project, which is called uncertainty analysis. According to the content of the analysis and focus on different aspects, uncertainty analysis can be divided into break-even analysis, sensitivity analysis and probability analysis. In the feasibility study, the general break-even analysis, sensitivity analysis and probability analysis, depending on the project. Nine, social benefits and social impact analysis In the feasibility study, in addition to the calculation and analysis of the above indicators, but also to analyze the social benefits and social impact of the project, that is, the impact of the benefits can not be quantified qualitative description. Chapter 9 Environmental Impact I. Environmental Impact. Describe the impact and consequences of the project construction on the surrounding environment. Second, environmental protection and governance measures Third, the views of the environmental protection department ※ Chapter X Agricultural industrialization and farmers to increase income effect evaluation (agricultural construction projects) First, agricultural industrialization 1, growing the leading industries and promote structural adjustment 2, production, processing, marketing, services, the linkage of interests in all segments of the situation 3, the role of radiation: the project's radiation area, the number of driven farmers, the size of the base, the per capita net income of farmers, the increase in employment, increase the number of people. Farmers' Income Increase The growth of farmers' income in the project area. Analyze the changes in the sources of growth of farmers' income in the project area, the growth rate, and compare it with the income of farmers in non-project areas. III. Other social impacts Through the implementation of the project, the positive effects on the improvement of rural production and living conditions in the region, urban construction, environmental protection, transportation, tourism, education, improvement of infrastructure, and promotion of economic development and other aspects of industry. Chapter 11 Project Organization and Management I. Organization and Functional Division: including institutional setup, institutional responsibilities, operation mode, and labor force. Second, the project operation and management mode: including the linkage mode with the base, farmers, etc. (agriculture). Third, business management measures: engineering management, production management, financial management, sales management, etc.. ※4. Technical training. According to the production technology requirements, the enterprise staff or base farmers to carry out technical training methods and measures. V. Labor protection and safety and health VI. Bidding method and scope of bidding VII. "Four systems" implementation methods (project legal person responsibility system, contract system, supervision system, project quality leadership responsibility system) Chapter 12 Feasibility Study Conclusions and Recommendations Based on the results of the research and analysis of the previous sections, the project will be technically and economically evaluated comprehensively, and the construction program will be summarized and concluding comments and recommendations will be made. The main contents are: 1. Concluding comments on the recommended construction conditions of the proposed program, product program, process technology, economic benefits, social benefits, environmental impact 2. Explanation of the main comparative programs 3. Solutions and suggestions for the main problems that have not been solved in the feasibility study 4. Explanation of the main problems that should be modified and suggestions for modification 5. For the infeasible project, the main problems and treatment suggestions for infeasibility 6. 6. Conclusion on the main controversial issues in the feasibility study I. Annexes Exhibit 1: Fixed Asset Investment Estimation Table Exhibit 1-1: Civil Engineering and Other Costs Exhibit 1-2: Equipment Investment Detailed Table Exhibit 1-3: Science and Technology Investment Detailed Table ※Exhibit 2: Liquidity Estimation Table ※Exhibit 3: Estimation Table of Total Costs Exhibit 3-1: Production Costs Estimation Table for Units Product production cost estimate ※ Schedule 4: Depreciation of fixed assets and amortization of intangible and deferred assets estimate ※ Schedule 5: Profit and profit distribution Schedule 5-1: Product sales revenue and sales tax surcharge estimate ※ Schedule 6: Financial cash flow statement (incremental all investment) ※ Schedule 7: Loan (including financial reimbursable funds) debt service calculations Second, accompanying drawings 1, Current situation 2, general layout ※ 3, process flow diagram (production projects) 4, the main engineering plan 3, other attachments 1, site selection opinion 2, environmental impact report ※ 3, resource exploration report (industrial projects) 4, letter of intent to take out a loan 5, other Note: If it belongs to the industrial projects, the contents of Chapter V are now relatively simple, and need to be supplemented with other content. The content of the front with ※, in the preparation of urban infrastructure and other non-productive construction project feasibility study, according to the actual need not be discussed, or can be simplified.