Major renovation of the building (letter B-3, B'-2, B'''-1) with insulation of the facade of the Cherkasy State Professional Business College at the address: 243 Vyacheslav Chornovola St., Cherkasy
Sector
Education and science
Stream
Modernization of the infrastructure of vocational and specialized pre-higher education institutions
Maturity level
88
Preliminary Investment Feasibility Study
Project Status
Investment Feasibility Study
Entry into Portfolio
State level of SP
Implementation
Completion
- General information
- Strategic Case
- Economic Case
- Commercial Case
- Financial Case
- Management Case
- Summary
General information
Description of the project
Major renovation of the educational building with insulation of walls, basement, slopes and replacement of windows. The implementation of the project will reduce heating costs and improve the temperature regime for participants in the educational process.
The purpose of the project
Main Goal:
Introducing innovations and energy-efficient solutions
Secondary Goal:
Contribution to climate or environmental goals, Increasing compliance with modern standards
Description of the purpose of the project and ways to achieve it
The purpose of the major renovation of the educational building is to reduce heat loss. The set of works planned to be performed is insulation of the building facade, replacement of old wooden window blocks with metal-plastic energy-saving window blocks, insulation of the basement and slopes, replacement of wooden entrance doors with energy-saving ones, provision of drainage. The implementation of the project will allow saving up to 25% of heating costs, i.e. about 700 thousand UAH. per year (in 2024, heating costs amounted to 2,761,752 UAH).
Problems and solutions resulting from project implementation
The result of the project will be to bring the technical condition of the building into line with the requirements of state building codes, ensure a favorable microclimate inside the building, and reduce heating costs.
Socio-economic context
Indicator
Value
Population in the geographical area of influence of the project
7000 thous. people
Number of IDPs in the geographical area of impact of the project
500 thous. people
Strategic Case
Strategic feasibility of the project
Sector
Education and science
Subsector
Higher and pre-higher education, adult education, postgraduate education
Stream
Modernization of the infrastructure of vocational and specialized pre-higher education institutions
Strategic document
Регіональна стратегія розвитку
Task
2.2.2. Modernization of the vocational education system in the region
Project objectives
Indicator
Base value
Target value
Savings on heating costs per year
2.7 mln UAH
2 mln UAH
Project Sustainable Development Goals
Economic justification
Analysis of the project's impact on ecology and climate change
Does the planned activity have a potential positive contribution to achieving climate or environmental objectives?
Climate change adaptation
[Response was provided in the Preliminary Investment Feasibility Study]
Is the proposed project expected to significantly harm any of the following climate or environmental objectives?
None of the options are applicable
Project sustainability and inclusivity
Identify potential gender risks of the project and indicate possible ways to overcome them:
Not applicable to my project
[Response was provided in the Preliminary Investment Feasibility Study]
Does the project provide for improving women's access to services?
Not applicable to my project
[Response was provided in the Preliminary Investment Feasibility Study]
Are civil society organizations representing women and vulnerable groups included in the consultation process?
No
[Response was provided in the Preliminary Investment Feasibility Study]
Alternative technical solutions
Technical Solution 1
Thermal modernization of existing buildings
Technical Solution 2
Construction of a new educational building
Cost breakdownCost justificationCost justification
Project cost (preparation and implementation)14'129'510 UAH51'500'000 UAH
For preparation611'559 UAH1'500'000 UAH
For implementation13'517'951 UAH50'000'000 UAH
Project operation and closure cost5'001 UAH0 UAH
For operation5'000 UAH0 UAH
For closing1 UAH0 UAH
Average annual costs5'000 UAH0 UAH
Project duration, incl.12 months48 months
Deadline for developing a FFS6 months12 months
Implementation period6 months36 months
Service life360 months600 months
Target indicatorsDefined Defined
Technical Solution Status
Active
[The technical approach was selected for further detailed analysis or implementation.]
Rejected
[The technical approach was not selected for further detailed analysis or implementation.]
Components of a technical solution
Commercial Justification
Supplier and contractor market assessment
Is the project likely to attract a sufficient number of bidders to ensure real competition that will encourage bidders to think innovatively and maximize the quality of their proposals?
Yes
[Response was provided in the Preliminary Investment Feasibility Study]
Is the project of interest to small and medium-sized enterprises?
Yes
[Response was provided in the Preliminary Investment Feasibility Study]
Will the project involve national or international suppliers and contractors?
Yes, only national
[Response was provided in the Preliminary Investment Feasibility Study]
Has an analysis of available procurement options been conducted for the technical solution?
No
[Response was provided in the Preliminary Investment Feasibility Study]
Financial justification
Total project budget
Total preliminary budget14'134'511 UAH51'500'000 UAH
Project cost (preparation and implementation)14'129'510 UAH51'500'000 UAH
For preparation611'559 UAH1'500'000 UAH
For implementation13'517'951 UAH50'000'000 UAH
Project operation and closure cost5'001 UAH0 UAH
For operation5'000 UAH0 UAH
For closing1 UAH0 UAH
Чи була під час уточнення орієнтовного бюджету використана Методика розрахунку вартості публічного інвестиційного проєкту, затверджена наказом Міністерства фінансів України №316 від 23.06.2025 р.?
No
[Response was provided in the Investment Feasibility Study]
Чи була під час розрахунку орієнтовного бюджету використана Методика розрахунку вартості публічного інвестиційного проєкту, затверджена наказом Міністерства фінансів України №316 від 23.06.2025 р.?
No
[Response was provided in the Preliminary Investment Feasibility Study]
Average project cost per service recipient
Service UnitСередня вартість проекту на одного учасника освітнього процесу
Service Unit Cost10'000 UAH
Profitability of the project
Is the project expected to generate income?NoNo
Availability of services
Has an analysis been conducted of the accessibility of services for consumers and their financial ability to pay the established tariffs?
Not applicable – the project does not provide for the provision of paid services or the establishment of tariffs
[Response was provided in the Preliminary Investment Feasibility Study]
Project Financing Mechanisms
Are funding sources and mechanisms identified?
Source and MechanismYesNo
Funding Sources
Approved Funds10'814'364 UAH0 UAH
Expected Funds13'517'951 UAH0 UAH
Public-private partnership
Has a qualitative and quantitative assessment of the project's suitability for implementation through a PPP mechanism been conducted?
The project does not fall under the PPP format by its nature/character
[Response was provided in the Preliminary Investment Feasibility Study]
Are there, after conducting an appropriate study, private investors interested in the possibility of implementing the project in the PPP format?
No
[Response was provided in the Preliminary Investment Feasibility Study]
Management Rationale
Team competencies
Determine which competencies/expertise required for successful project preparation and implementation can be provided by the project initiator's own project team (without involving external advisors)
Strategic justification - analysis of the strategic feasibility of the project
[Response was provided in the Preliminary Investment Feasibility Study]
Economic justification - economic analysis
[Response was provided in the Preliminary Investment Feasibility Study]
Project management - communication with stakeholders
[Response was provided in the Preliminary Investment Feasibility Study]
Project management - risk management
[Response was provided in the Preliminary Investment Feasibility Study]
Economic justification - social and gender analysis
[Response was provided in the Preliminary Investment Feasibility Study]
Economic feasibility study - technical expertise
[Response was provided in the Preliminary Investment Feasibility Study]
Business case - analysis of available procurement options
[Response was provided in the Preliminary Investment Feasibility Study]
Project management - legal support
[Response was provided in the Preliminary Investment Feasibility Study]
Strategic rationale - SDG compliance analysis
[Response was provided in the Preliminary Investment Feasibility Study]
Financial analysis - financial analysis
[Response was provided in the Preliminary Investment Feasibility Study]
Strategic rationale - demand analysis
[Response was provided in the Preliminary Investment Feasibility Study]
Economic justification - environmental expertise
[Response was provided in the Preliminary Investment Feasibility Study]
Business case - analysis of the market environment
[Response was provided in the Preliminary Investment Feasibility Study]
Does the team have experience implementing similar projects?
Yes, successfully implemented 1 or more similar projects
[Response was provided in the Preliminary Investment Feasibility Study]
Identify which competencies/expertise required for successful project preparation and implementation need to be strengthened by engaging independent experts or consultants
None of the options are applicable
Is there an understanding of where to find relevant experts and consultants?
Yes, negotiations are already underway.
[Response was provided in the Preliminary Investment Feasibility Study]
Risk assessment
Financial riskDefinedUndefined
Results of the feasibility analysis
Project Preparation Program Engagement and Funding Needs
Does the project require additional preparation assistance from Project Preparation Facilities (PPF)?
None of the options are applicable
Project Approval History
DateDecision NumberPortfolioProject StatusDecisionReasonsMaturity level
16/04/2026SP-R-160426-45FC33F7Regional SPInvestment Feasibility StudyInclude--
23/04/2026SP-N-230426-CF3EAE7FState SPInvestment Feasibility StudyInclude--
20/04/2026SPP-R-200426-1DC51BBFRegional SPPInvestment Feasibility StudyIncludeMinutes of the meeting of the Regional Investment Council of Cherkasy Region dated 04/20/2026 No. 488