Sequential Steps of a Project with OeEB
Application Process:
Due to the diversity and complexity of projects, there is no standardised application form. Inquiries and applications may be forwarded, by way of a questionnaire, at any time and without great effort involved, to OeEB, serving as a guideline for the required project data OeEB needs.
Please find here the questionnaire.
OeEB assesses a project along the following criteria:
Based upon the documentation furnished, like Business Plan, Feasibility Study, audited Annual Reports, preferably over the previous 3 years, Environmental Study (EIAR) etc., the project is being evaluated, with OeEB proceeding, depending upon the scale of the project, in very pragmatic ways.
For the purpose of more effectively evaluating the project in terms of the quality of its business policy impact, OeEB employs the Business Policy Project-Rating Tool ("Geschäftspolitisches Projektrating-Tool GPR ©") that has been successfully applied at other bilateral development banks. This tool, originally developed by the German Investment and Development Company (DEG), enables to qualitatively compare projects financed among European partners.
By means of GRP, the quality of the project, in business policy terms, related to development policy impact/sustainability, the special role of OeEB, the long-term profitability of the project and its contribution to OeEB's return on equity (ROE) are evaluated both ex-ante (target performance metrics upon approval) and ex-post (actual figures over the project life of the undertaking after several years of operations).
As soon as all required project documentation has been obtained, OeEB will, without further delay, render a statement as to the project proposal and inform you whether OeEB will be your partner in setting up the project structure.