EVALUATION FRAMEWORK

ADDITIONAL GUIDELINES FOR GAUGING POTENTIAL PROJECT IMPORTANCE 

CEDS EVALUATION CRITERIA FOR THE NORTHERN NECK

Each project or initiative is given a score. Some criteria may be given higher weighting than others, depending upon the values of the community and how much impact it will have on economic recovery / progress.

Tourism Impact

Project Criterion Score Guidelines
Project will support the revitalization or improvement of tourism 5 Fulfills significant tourism growth as identified by local sources
  4 Supports moderate tourism growth as identified by local sources
  3 Provides minimal tourism impact 
  2 Does not impact tourism 
  1 Negative impact on tourism likely

Agriculture / Fishing Impact

Project Criterion Score Guidelines
Project will benefit agriculture or fishing industries 5 Meets significant needs
  4 Meets moderate needs as identified by industries
  3 Meets minimal needs
  2 Does not meet needs identified
  1 No impact

Economic Diversification Impact

Project Criterion Score Guidelines
Project will help diversify the economy  5 Will significantly diversify
  4 Moderate diversification
3 Minimal diversification
2 Does not diversify
1 No impact

Defense Impact

Project Criterion Score Guidelines
Project will provide benefit to military base 5 Meets significant needs
  4 Meets moderate needs as identified by industries
  3 Meets minimal needs
  2 Does not meet needs identified
  1 No impact

 

Revitalization Impact

Project Criterion Score Guidelines
Project will help revitalize community or downtown 5 Will significantly benefit revitalization
  4 Moderate benefit
  3 Some minor benefit
  2 Does not benefit
  1 No impact

 

Employment Impact

Project Criteria Score Guidelines
Project will generate direct employment in the construction industry 5 Creates or supports more than 100 jobs in construction
  4 Creates 60 – 100 jobs
  3 Creates 30 – 59 jobs
  2 Creates less than 30 jobs
  1 No employment impact
   
Project will generate increase in long-term employment  5 Will create 100+ new long-term positions
  4 Will create 60 – 100 long-term positions
  3 Creates 30 – 59 new long-term positions
  2 Creates less than 30 long-term positions
 

1 No employment impact

 
Project will lead to improved job skills and higher-paying jobs for residents 5 Project provides significant direct impact
  4 Project provides moderate direct impact
  3 Project provides slight direct impact
  2 Project does not have direct impact
  1 Project may have a negative impact

Maximizing Leverage of Private Sector Investment

Project Criterion

Score Guidelines

Private Sector Investment as percentage of project cost

5 Fully funded by private sector

 

4 More than 50% privately funded

 

3 Private sector interest expressed in funding participation

 

2 Potential for private sector investment

 

1 Fully funded by public sector

 

Financial Sustainability

Project Criterion

Score Guidelines

Degree of long-term (post-construction) public sector funding required

5 Project is net revenue generator

 

4 Reduced or no public sector support required

 

3 No impact on public sector support required

 

2 Slight increase in direct public sector support required (less than $100k)

 

1 Significant increase in direct public sector support required

 

Local Community Priority / Champions

Project Criterion

Score Guidelines

Project priority according to the local community

5 Number 1 priority

 

4 Number 2 priority

 

3 Number 3 priority or lower

 

2 Not identified as priority

 

1 Significant local opposition

 

Sustainable Growth

Project Criteria

Score Guidelines

Project minimizes potential impacts to shorelines, reefs, wetlands, critical habitats and other environmentally sensitive areas.

5 Project will redevelop an existing commercial or industrial property

 

4 Project is located more than 1,000 feet from any environmentally sensitive area

 

3 Project is located at least 500 but less than 1,000 feet from any environmentally sensitive area

 

2 Project is located at least 250 but less than 500 feet from any environmentally sensitive area

 

1 Project is within 250 feet of an environmentally sensitive area

 

 

Project environmental footprint (e.g., carbon emissions, other impacts)

5 Project will reduce environmental footprint

 

4 No net impact

 

3 Potential minor increase to environmental footprint

 

2 Known minor increase to environmental footprint

 

1 Significant increase to environmental footprint

Resilience

Project Criterion

Score Guidelines

Project will help promote a resilient economy that can bounce back more easily from shocks

5 Project substantially mitigates a known threat

 

4 Project helps mitigate a threat

 

3 Project promotes resilience but is difficult to measure

 

 

 

1 Project has no benefit in terms of resilience

 

Implementation Timeline

Project Criterion

Score Guidelines

Time required to implement project (Implementation defined as project being operational.)

5    Less than 1 year

 

4    1 – 2 years

 

3    2 – 3 years

 

2    3 – 4 years

 

1    4 or more years