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<br />" <br /> <br />,~ <br /> <br />. Construction Fund Guidelines - Reporting Requirements: <br /> <br />· A description of the project sponsor and project service area; <br /> <br />. The need for and purpose of the project; <br /> <br />. The alternatives that were evaluated; <br /> <br />. A description of the selected alternative with a feasibility-level cost <br />estimate; <br /> <br />. The adequacy of the water rights and the quality of the water with <br />respect to the proposed project; <br /> <br />. A financial analysis and a program for project funding; and <br /> <br />. <br /> <br />· A description of institutional requirements such as permits, <br />contracts, and court actions needed for project implementation. <br /> <br />. <br />