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26/11/2020 To: Participants of the Tender Re: Framework Tender (Online) No. 33/20 For the Design, Acquisition, Implementation & Maintenance of an Motion Vehicle Charging Systems in Israel Clarification
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A feasibility study and design is an analysis process to determine the viability, cost-effectiveness, and practicality of a proposed project, ensuring that it is worth pursuing.
Typically, project developers, organizations, or individuals seeking approval for large-scale projects require to file feasibility studies and designs.
Filling out a feasibility study and design involves gathering relevant data, conducting market analysis, assessing technical and financial aspects, and compiling all findings into a structured report.
The purpose is to assess whether a project is viable and to guide decision-making by weighing potential benefits against risks and costs.
Information that must be reported includes project objectives, alternatives considered, economic analysis, risk assessments, timelines, and detailed design proposals.
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