Preliminary Investment Feasibility Study
Project Status
Investment Feasibility Study
Entry into Portfolio
Local level of SPP
Implementation
Completion
- General information
- Strategic Case
- Economic Case
- Commercial Case
- Financial Case
- Management Case
- Summary
General information
Description of the project
The project provides for major repairs to the landscaping of the territory:
replacement of existing paving and curbs, uprooting of trees and bushes, dismantling of flower beds, landscaping, planting of trees and bushes, installation of benches and garbage cans, installation of lighting of the territory.
The purpose of the project
Main Goal:
Improving the condition of infrastructure
Secondary Goal:
Increasing compliance with modern standards
Description of the purpose of the project and ways to achieve it
Creating a modern, comfortable and safe public space for recreation, leisure and cultural development of residents and guests of the community by carrying out major renovations of the Mykhailivskyi Park, which will contribute to improving the quality of life of the population, developing social activity and preserving the natural environment.
Problems and solutions resulting from project implementation
Improving landscaping, installing lighting in accordance with energy conservation requirements, ensuring barrier-free access for people with disabilities
Socio-economic context
Indicator
Value
Maintenance costs per year
800000 UAH
Number of IDP users
350 human
Number of people who will use the service
16000 human
Strategic Case
Strategic feasibility of the project
Sector
Municipal infrastructure and services
Subsector
Urban planning and landscaping
Stream
Development of public space infrastructure in populated areas
Strategic document
Регіональна стратегія розвитку
Task
1.2.2 Tourism promotion of the region, support for innovative projects, events that shape the image of the region
Project objectives
Project objectives were not specified by the initiator
Project Sustainable Development Goals
Demand for the service and its dynamics
What methodology was used to estimate demand?
Опитування населення органами місцевого самоврядування
[Response was provided in the Preliminary Investment Feasibility Study]
Has data from external sources been used in the demand assessment?
No
[Response was provided in the Preliminary Investment Feasibility Study]
Does the demand forecast take into account the latest demographic and economic forecasts?
Yes
[Response was provided in the Preliminary Investment Feasibility Study]
Indicator
Year
Demand
Annual demand for services/infrastructure
1
50 %
Annual demand for services/infrastructure
1
20 %
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]
Pollution prevention and control
[Response was provided in the Preliminary Investment Feasibility Study]
Protecting and restoring biodiversity and ecosystems
[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?
The project will create jobs available to women (temporarily or permanently)
[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
Major renovation of the territory of the "Mykhailivsky" park on Bohdan Khmelnytskyi Street in the city of Lyuboml, Kovel district, Volyn region
Technical Solution 2
Reconstruction of the landscaping of the territory of the "Mykhailivsky" park on Bohdan Khmelnytskyi Street in the city of Lyuboml, Kovel district, Volyn region
Cost breakdownCost justificationCost justification
Project cost (preparation and implementation)6'881'800 UAH9'177'059 UAH
For preparation240'000 UAH300'000 UAH
For implementation6'641'800 UAH8'877'059 UAH
Project operation and closure cost710'000 UAH770'000 UAH
For operation700'000 UAH750'000 UAH
For closing10'000 UAH20'000 UAH
Average annual costs800'000 UAH0 UAH
Project duration, incl.27 months28 months
Deadline for developing a FFS3 months4 months
Implementation period24 months24 months
Service life120 months120 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?
Yes
[Response was provided in the Preliminary Investment Feasibility Study]
Financial justification
Total project budget
Total preliminary budget7'591'800 UAH9'947'059 UAH
Project cost (preparation and implementation)6'881'800 UAH9'177'059 UAH
For preparation240'000 UAH300'000 UAH
For implementation6'641'800 UAH8'877'059 UAH
Project operation and closure cost710'000 UAH770'000 UAH
For operation700'000 UAH750'000 UAH
For closing10'000 UAH20'000 UAH
Were the methodological recommendations approved by the Ministry of Finance of Ukraine applied when calculating the indicative budget?
Yes
[Response was provided in the Preliminary Investment Feasibility Study]
Were the methodological recommendations approved by the Ministry of Finance of Ukraine applied when calculating the indicative budget?
Yes
[Response was provided in the Investment Feasibility Study]
Average project cost per service recipient
Service UnitГривень на одну людину
Service Unit Cost431 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 Funds0 UAH0 UAH
Expected Funds0 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]
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
24/10/2025SP-L-241025-45E09819Community SPInvestment Feasibility StudyInclude--
14/11/2025SPP-L-141125-22086869Community SPPInvestment Feasibility StudyInclude-84