The Center will complete a High-Level screening of an entity's potential qualifying project based on available information and reasonable assumptions (where more specific project info may not be readily available) and provide a preliminary analysis and recommendations for next steps to the entity's capital planning and procurement teams. The Center, if requested, can assist in the preparation of any presentations required for the governing body of the entity or other stakeholders to decide potential next steps.
To initiate a High Level screening analysis for a proposed Qualifying Project or group of Qualifying Projects, the Entity must submit a completed questionnaire to the Center.
If the Center's High-Level screening indicates the qualifying project is suitable for alternative project delivery, the entity may authorize the Center to proceed to a Detailed-Level screening. During the Detailed-Level screening, the quantitative assumptions will be analyzed in greater detail to help identify the initial modeling scenarios which present various project delivery options for comparison purposes against traditional delivery. The qualitative assumptions, including benchmarking against other projects, also are evaluated in greater detail during this phase to provide more certainty through close coordination and interaction with the entity's staff.
Once the Detailed-Level screening process is completed, the entity will have a clear understanding of the value that alternative delivery and innovative risk mitigation may provide.
The Detailed-Level Screening may require the Center to engage the services of its bench of vetted technical and/or financial consultants. This will be discussed with the entity prior to engaging those experts and performing further analysis.
CAP performs these services on a cost recovery basis. Since every project will require a different level of analysis, a scope of work is first agreed upon with CAP's public entity clients. The cost of each analysis is reflective of the level of complexity of each project.
