Mandatory Submission Requirements
To be eligible for funding under the program, projects must meet all mandatory criteria. The responsibility lies with the applicant to demonstrate in the EOI Application Form that the proposed project clearly meets each mandatory criterion.
- The application must be complete and provide enough information for a proper evaluation;
- The application must be submitted by an Eligible Applicant;
- The proposed project must support an Eligible Building;
- The proposed project must support an Eligible Activity;
- The costs outlined in the application must be Eligible Costs;
- The project must occur in B.C.;
- The main structural building system must be mass timber or mass timber-hybrid (such as mass timber-light wood frame, mass timber-concrete or mass timber-steel);
- The application must demonstrate the need for incremental funding support through the MTDP, and how requested funding will advance this project in the immediate term;
- The proponent must commit to contributing the majority of the total project cost, and must provide evidence of funds and/or in-kind support for their share of project costs;
- The proponent must demonstrate they have access to the funding required to successfully complete the project; and
- The total Canadian government assistance (federal, provincial and municipal) cannot exceed 100% of the total project costs.
Projects that clearly meet each of the mandatory criteria will then be evaluated and rated against the program’s desired criteria.
Technical Feasibility: Applicants should demonstrate the degree to which the project is expected to be technically feasible and generate the desired outcomes.
Business Plan: Applicants should demonstrate strong financial analysis, sound budgeting, and a credible and complete business plan.
Timing: Preference will be given to applicants who propose the most credible and defensible project schedule information. Priority will also be given to projects that can be completed or will begin completion in a near-term horizon.
Experience: Applicants should demonstrate sufficient experience and capacity to deliver an innovative mass timber or mass timber hybrid building.
Cost-Competitiveness and Replicability: Applicants should clearly demonstrate a cost-competitive project design and implementation plan including a Class “D” cost analysis.
Innovation and Value
Building Innovation: Applicants should demonstrate the degree of building innovation and novelty, as demonstrated using new innovative mass timber products, systems, designs, construction methodology and design for adoptability and dismantling.
Value for Investment: Applicant should demonstrate how the project will help to achieve program results related to:
- Supporting mass timber implementation where traditional building materials would have otherwise been used.
- Where a B.C. based supply of mass timber is available, projects that demonstrate the use of B.C. based products in their projects may be given preference. It should be noted that any local preference would be within the scope of trade agreements.
- Supporting mass timber usage in innovative construction in a specific region or context.
Environmental Performance: Projects should demonstrate how the building solution will reduce or mitigate GHG emissions compared to a similar building constructed with traditional materials and systems. Projects should also provide an initial estimate of carbon dioxide equivalent (CO2e) and how the GHG mitigation estimate was calculated. Preference will be given to projects which can demonstrate additional “green” performance measures such as energy efficiency.