RE: Hold on...1 Jun 2020 08:48
Criteria for Stg 2 Funding:
In particular, by Stage Two, the following Stage Two eligibility criteria must be met:
• The applicant must have identified a site,.
• The applicant must have at least Heads of Terms in place with any match funders, although firmer commitments from investors will score more highly in the assessment of Stage Two applications.
• The applicant must have a detailed project cost plan, with detailed engineering design work having been completed where possible.
• The applicant must be able to demonstrate the commercial potential of the technology/process/supply chain to deliver significant quantities of advanced low carbon fuel when delivered at full scale.
• The proposed feedstocks, if not 100% renewable (e.g. Municipal Solid Waste), must demonstrate the environmental benefit of using the feedstocks for fuel production (based on a full consequential lifecycle GHG assessment), compared to the likely alternative destination of the feedstocks.
The following additional criteria should be met in order to achieve the highest available score against these criteria:
• The applicant should have ideally submitted or gained planning permission for use of the site for the intended project
• The applicant should have ideally Heads of Terms in place with a feedstock supplier.
• The applicant should have ideally Heads of Terms in place with an off-take partner.
Use of funding:
Only costs incurred after the date of the acceptance of the final offer of a grant;
• Cost of all purchased goods and services necessary to build and commission the proposed project. This includes the cost of fuel used in the installation and labour up to and including certified acceptance of commissioning17;
• The equipment eligible for grant is the conversion technology, feedstock pre-processing equipment, and monitoring & control equipment.
• Buildings and building work are not eligible except in the following cases;
- Steelwork when it is an integral part of the equipment support structure;
- Excavations for fuel storage.
- Foundations and mounting pads for equipment.
• In retrofit applications, insulated linking pipework with associated calorifiers, pumps and controls to connect to the existing conversion technology will be eligible.
• Remedial work on building fabric will be eligible only to the extent necessary to make good after equipment installation.
• The cost of purchased services for the evaluation of the project and the dissemination of the results.
• Own labour costs, including agreed overheads, but not profit, for construction, commissioning, and project management. These costs should be directly linked to the design, construction, commissioning and evaluation of the equipment contained in the project and auditable as such.
• In this context “own costs” include applicant’s own costs and eligible costs incurred by consortium members and eligible costs incurred by companies connected to any of these.