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Financial Appraisal

The financial appraisal seeks to assess the following:

Reasonableness or the Estimate or Capital Cost

While assessing the capital cost estimates. efforts are made to ensure that (i) padding or under-estimation of costs is avoided, (ii) specification of machinery is proper. (iii) proper quotation are obtained from potential suppliers, (iv) contingencies are provided, and (v) inflation factors are considered.

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