The Feasibility Study Proposal is a crucial document used in the Nigerian business environment when a detailed assessment of a project's viability is required. It serves as both a technical and commercial proposal that outlines how the consulting party will evaluate the technical, financial, environmental, and operational aspects of a proposed project. The document is essential for projects requiring comprehensive analysis under Nigerian law and regulations, particularly where significant investment or regulatory approval is needed. The proposal must comply with various Nigerian legislative requirements, including environmental protection laws, local content policies, and professional practice regulations. A well-structured Feasibility Study Proposal typically includes detailed methodologies, timelines, resource allocation, and commercial terms, while addressing specific Nigerian market conditions and regulatory requirements.
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1. Parties: Identification of the consultant/firm conducting the feasibility study and the client organization
2. Background: Context of the project and reason for conducting the feasibility study
3. Definitions: Key terms and phrases used throughout the proposal
4. Scope of Services: Detailed outline of what the feasibility study will cover and specific areas of investigation
5. Methodology: Detailed approach and methods to be used in conducting the feasibility study
6. Timeline and Milestones: Project schedule including key deliverables and milestone dates
7. Team Structure and Qualifications: Details of the team members, their roles, and relevant expertise
8. Deliverables: Specific outputs and reports to be provided during and at the conclusion of the study
9. Commercial Terms: Fees, payment schedule, and commercial conditions
10. General Terms and Conditions: Standard legal terms including confidentiality, intellectual property, and liability
1. Environmental Impact Assessment Approach: Include when the project may have environmental implications requiring specific assessment under Nigerian law
2. Stakeholder Engagement Plan: Include when the project requires significant community or government stakeholder consultation
3. Local Content Compliance: Include when the project falls under Nigerian local content requirements
4. Risk Assessment and Mitigation: Include for complex projects or when specifically requested by the client
5. Quality Assurance Plan: Include for large-scale studies or when required by industry standards
6. Technology and Tools: Include when specialized software or technical tools will be used in the study
1. Schedule A - Detailed Fee Breakdown: Itemized costs and fee structure for the feasibility study
2. Schedule B - Project Timeline: Detailed Gantt chart or timeline showing all activities and dependencies
3. Schedule C - Team CVs: Detailed resumes of key team members
4. Schedule D - Similar Project Experience: Case studies and references from similar feasibility studies
5. Schedule E - Data Requirements: List of information and documentation required from the client
6. Appendix 1 - Proposed Report Structure: Outline of the final feasibility study report structure
7. Appendix 2 - Relevant Certifications: Copies of company and individual professional certifications
8. Appendix 3 - Insurance Certificates: Proof of professional indemnity and other relevant insurance coverage
Authors
Relevant legal definitions
Clauses
Relevant Industries
Infrastructure
Oil and Gas
Mining
Real Estate Development
Manufacturing
Agriculture
Technology
Healthcare
Transportation
Energy
Telecommunications
Education
Industrial Development
Urban Planning
Environmental Services
Relevant Teams
Legal
Project Management
Business Development
Operations
Finance
Risk and Compliance
Environmental
Technical Services
Research and Analysis
Commercial
Procurement
Corporate Strategy
Relevant Roles
Project Manager
Business Development Manager
Technical Director
Environmental Consultant
Financial Analyst
Legal Counsel
Chief Executive Officer
Operations Director
Risk Manager
Sustainability Officer
Commercial Manager
Planning Engineer
Research Analyst
Compliance Officer
Business Analyst
Contract Manager
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