The IAB will evaluate the relevancy of pre-proposals based on the criteria given below. It is recognized, that no single pre-proposal will address all of these criteria.

I. Overall

1. Addresses one or more environmental needs or concerns of the oil and gas industry.
2. Demonstrates involvement of industry representatives.

II. Operational and Business Practice

1. Anticipates results which will be broadly applicable within one or more sectors of the oil and gas industry.
2. Provides technology which will be delivered in an immediately applicable form. Specifically, the technology to be delivered should have the following attributes:
   • Be cost-effective and economic.
   • Be more easily, readily or less expensively implemented than current, comparable, technology.
   • Offers a reasonable prospect for implementation within three (3) to five (5) years.

   • Does not offer a reasonable prospect for implementation within three (3) to five (5) years, but does offer a reasonable prospect for significant and substantial operational or business practice improvement for the oil and gas industry.
   • Focuses on existing and/or anticipated problems.

III. Economic

1. Will enhance the economic viability of the oil and gas industry.
2. Will enhance the sustainability of the oil and gas industry.
3. May eliminate, mitigate or accurately assess current or future environmental liability of the oil and gas industry.

IV. Information Transfer and Dissemination

1. Incorporates elements clearly intended to facilitate technology transfer and/or dissemination of the information or technology developed to for the oil and gas industry at large, and, as appropriate, relevant portions of the general public.
2. Will demonstrate positive environmental action by the oil and gas industry to the general public.

V. Technological Advantages

1. Incorporates elements which are innovative or unique.
2. Fills a significant need or addresses a significant concern of the oil and gas industry.

VI. Regulatory

1. Incorporates elements which are proactive in nature.
2. Anticipates regulatory change.
3. Does not require regulatory change.
4. Reduces the current regulatory burden placed upon the oil and gas industry.