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Site Selection Process
- Form team members and roles.
- Complete criteria questionnaire.
- Consider geographic regions.
- Research demographics, business environment, and logistics in each region.
- Choose geographic region.
- Contact development authorities, send out RFI’s.
- Qualify sites via checklist.
- Visit sites.
- Present and discuss shortlist.
- Narrow selection.
- Project team visit, site analysis.
- Negotiate purchase/lease and incentives.
- Enter due diligence period and closing.
- Physical project development planning and engineering
- Start bidding process for outsourcing:
- Environmental studies.
- Engineering if needed.
- Construction and general contractor.
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