Comprehensive modernization of the cultural and artistic space at the address: Myru St., building 42, Derazhnya, Khmelnytskyi district, Khmelnytskyi region
Sector
Municipal infrastructure and services
Stream
Development and rehabilitation of municipal infrastructure of subnational governments
Preliminary Investment Feasibility Study
Project Status
Investment Feasibility Study
Entry into Portfolio
Local level of SPP
Implementation
Completion
- Preparation
- General information
- Strategic Case
- Economic Case
- Financial Case
- Management Case
General information
Description of the project
The project is aimed at modernizing the cultural and artistic space of the city's cultural center, creating safe and comfortable conditions for community residents and proper functioning of the institution. The modernization will contribute to the preservation of the building as a socio-cultural facility, increase its energy efficiency, and ensure barrier-free access for all population groups.
For several decades, the cultural institution was financed on a residual basis, which made the material and technical base obsolete. The premises have undergone significant physical wear and tear: the roof is leaking, the walls, furniture, and floor are crumbling.
The purpose of the project
Main goal:
Increasing compliance with modern standards
Secondary goal:
Improving the equality of wealth distribution, Improving the quality of services
Description of the purpose of the project and ways to achieve it
Thanks to the project, the cultural center will have a modern appearance, comfortable conditions for visitors and staff, a barrier-free space, a multifunctional environment, and will also be energy efficient, which will increase the level of cultural services provided to the population and strengthen the material and technical base of the institution. During its long operation, the building has suffered physical wear and tear and requires modernization, which will extend its service life, optimize the space, and create modern, comfortable, and energy-efficient conditions for its use.
Problems and solutions resulting from project implementation
Problem:
Unattractive appearance of the premises, outdated technical equipment, lack of comfort and safe stay for visitors. As well as high maintenance and heating costs due to non-compliance with energy efficiency standards. This makes it impossible to provide high-quality cultural services to the population.
Results:
Saving budget funds through energy efficiency, improving conditions for visitors and employees, involving young people in creative activities, preserving cultural values, increasing community participation in the cultural and social life of the city, reliable functioning of the cultural center.
Socio-economic context
Indicator
Value
Number of IDP users
300 human
Number of people who will use the service
9000 human
Population in the geographical area of influence of the project
10000 human
Strategic Case
Strategic feasibility of the project
Sector
Municipal infrastructure and services
Subsector
Development and Reconstruction of Subnational Infrastructure
Stream
Development and rehabilitation of municipal infrastructure of subnational governments
Strategic document
Task
2 2.2.2 Improvement of park recreation areas and recreation areas near water bodies; 2.2.3. Creation of appropriate conditions in cultural institutions and regular holding of cultural events
Project objectives
Indicator
Base value
Target value
Population coverage by the service
60 %
90 %
Demand for the service and its dynamics
Indicator
Year
Demand
Annual demand for services/infrastructure
1
60 %
Annual demand for services/infrastructure
2
90 %
Economic justification
Alternative technical solutions
Technical Solution 1
Modernization of the existing building of the cultural center
Technical Solution 2
Construction of a new building of the cultural center
Total costs6'000'000 UAH67'500'000 UAH
Average annual costs2'000'000 UAH3'000'000 UAH
Project duration, incl.12 months48 months
Service life360 months600 months
Target indicatorsDefined Defined
Technical Solution Status
Active
Rejected
Components of a technical solution
Financial justification
Total project budget
Total preliminary budget6'000'000 UAH67'500'000 UAH
Capital costs6'000'000 UAH67'500'000 UAH
Operational costs0 UAH0 UAH
Preliminary cost breakdown
Operating costs for implementation0 UAH0 UAH
For preparation700'000 UAH4'000'000 UAH
For implementation5'000'000 UAH60'000'000 UAH
For operation200'000 UAH3'000'000 UAH
For closing100'000 UAH500'000 UAH
Average project cost per service recipient
Service UnitВартість одиниці послуги
Service Unit Cost20'000 UAH
Profitability of the project
Is the project expected to generate income?
ResponseNoNo
Project Financing Mechanisms
Are funding sources and mechanisms identified?
Source and MechanismYesNo
Funding Sources
Approved Funds0 UAH0 UAH
Expected Funds0 UAH0 UAH
Management Rationale
Risk assessment
Technical riskDefinedUndefined
Financial riskDefinedUndefined
Results of the feasibility analysis
Economic Analysis
Social benefits and costs
Activation of cultural life. Meeting the cultural needs and leisure of the population. Preservation of the building as an object of socio-cultural purpose. Creation of comfortable and safe conditions for visitors.. Unobstructed access to the institution for all categories of the population
Environmental benefits and costs
Formation of environmental awareness and culture of society through educational programs that promote a responsible attitude towards nature, sustainable development and environmental preservation. Cultural institutions can also act as platforms for the implementation of eco-initiatives, such as the use of renewable energy or waste sorting, reducing their own negative impact on the environment.
Indirect benefits and costs
Increasing employment levels.