The hypervisory® Project Appraisal Service enables clients to make an informed decision on the viability, benefits and risks of a proposed hyperloop project.

Our unique expert understanding of the industry enables hypervisory® to help clients answer the key early-stage questions needed for an informed decision on whether or not to proceed with a proposed hyperloop project.
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To enable clients to make early fundamental decisions regarding projects, a typical work programme for the initial project appraisal stage would be along the following lines.

Step 1 Client makes contact with hypervisory® here or via the link below.

Step 2 Video conference between hypervisory® and the client, to discuss the proposed project and the initial consultancy work programme at high level. The parties agree commercial terms and schedule for the consulting work programme.

Step 3 Two day workshop session, led by hypervisory®, to establish the key project parameters. This session can be held on client premises or at an offsite location. Participants typically include the Executive Leadership and Senior Management of the client organisation for both days.

Some clients may choose to include a wider group of stakeholders for the second day. Such stakeholders could include, for example, civil servants from the Ministry of Transport, officials from Transport Authorities, national, regional or city Economic Development Agencies, Inward Investment Promotion organisations, etc.

Step 4 In a timescale of 4 to 6 weeks after the workshop, depending on the scope of the project, hypervisory® will produce an Initial Project Appraisal Report (IPAR), which will include high level information and recommendations regarding the project, and advice to the client on next steps. Topics covered will vary according to the specifics of each project, but typically the IPAR will cover the topics listed below.

  • Background and context on the location for the hyperloop project, including key geographic, demographic and economic information.
  • Strategic overview of project, including locations to be served, proposed route, location of stations, etc.
  • High level commentary on physical and topographical constraints (if any), such as mountains, major watercourses, urban context.
  • High level commentary on possible corridor(s) for the project.
  • High level recommendations on interface and integration with other modes of transport, both in terms of physical connections and digital integration of mobility.
  • Recommendations on modelling required to determine demand, ridership and revenue, taking into account other relevant data the client may be able to supply.
  • Indicative design capacity for the proposed network (the most important design parameter) taking into account possible peak and off-peak traffic patterns.
  • Order of magnitude estimate of capital costs.
  • Order of magnitude estimate of operating costs.
  • Order of magnitude estimate of revenues.
  • High level recommendations regarding maximisation of economic benefits.
  • High level recommendations on the allocation of risk and reward between the public sector and the private sector in taking the project forward.
  • High level recommendations on the role of central Government and other relevant agencies in taking the project forward.
  • High level recommendations on the ownership structure for the project (e.g. SPV, transit agency, franchised privatisation, etc.)
  • Indicative outline of project finance structures that may be relevant to, and available for, the project.
  • Recommendations on optimum approach mission-critical partners, including hyperloop technology providers and project finance participants.

Step 5 Client considers the IPAR and liaises with hypervisory® to amend and finalise as required.

Step 6 If desired, hypervisory® can make a formal presentation of the IPAR to the client and/or stakeholder group.

Step 7 If desired, hypervisory® can facilitate high level meetings with mission-critical partners, including potential hyperloop technology suppliers and possible project finance providers, to discuss how to take the project forward. The IPAR will be the main project credentials used at these meetings, which are intended to give the client direct feedback from those partners whose support will be vital going forward.

Another advantage of the IPAR is that potential partners can base their decisions on whether or not to progress a specific project on the basis of independently-produced evidence from the most experienced experts in the field. In the case of potential hyperloop technology partners, this can be of critical importance. Given the considerable worldwide interest in hyperloop, the market is flooded with incoming enquiries. The net result is that many good projects simply cannot be addressed by market participants' in-house business intelligence and appraisal teams.

Clients whose projects have already been appraised by hypervisory® are therefore at a considerable advantage.

Step 8 Client makes Go / No Go decision on the project.

Step 9 If the client elects to proceed with the project, the client and hypervisory® discuss and agree the next phase of work. Whilst the detail and the emphasis will be different for every project, a most efficient structure in general terms for the the next phase is…

Step 10 Proceed to detailed Project Development Advisory phase. The client may also elect, at this stage, to establish a pre-project entity with appropriate governance and oversight structures, to take the project forward.