Rule 14
Evaluation Of The Proposal
(1) Upon receipt of the Project proposal pursuant to the Rule 13, the Technical Committee may forward it to the related sectoral working  group formed pursuant to the Rule 12, for detailed evaluation.
(2) Upon receipt of the proposal pursuant to the Sub-rule (1), the concerned sectoral working Group shall carry out technical, financial, and social evaluation based on criteria and guidelines approved in accordance with these Rules; and shall, if found suitable for implementation, submit the proposal, with its recommendation, to the Technical Committee.
(3) Upon receipt of the proposal pursuant to the Sub-rule (2), the Technical Committee shall evaluate such proposal on the basis of rational, cost, technical standards, appropriateness and availability of the financial resources. While
evaluating, the Technical Committee shall also evaluate the proposal in accordance with Sub-rule (2) for the proposals that were not forwarded to the concerned sectoral working group for evaluation.
(4) The Technical Committee shall, if it deems appropriate to implement the Project suitable for implementation from the evaluation carried out in accordance with Sub-rule (3), submit its recommendation to the Board for the implementation of the Project.
(5) The Board shall, if found appropriate to implement the Project as recommended by ththe Technical Committee in accordance with Sub-rule (4), approve such Project.