Specifications include, but are not limited to: 1.1 Objectives The objectives of the Great Lakes Hyperloop Feasibility Study shall include, but not be limited to, the assessment of the technical, financial, and regulatory review and approval requirements for the development of the project. Outcomes of this scope of Services include: An analysis of the regulatory,design, operational, and environmental requirements associated with the project; A conceptual estimate of the capital costs of the project; High-level recommendations for advancing critical path items; Identification of strategies and potential revenue to advance the next phases of implementation. 1.2 Project Execution Plan The Project Execution Plan (PEP) is the main planning document describing how the project will be organized, managed and coordinated amongst partners. The PEP is a living document until complete and should be updated throughout the project. At a minimum the plan should contain: a. Project overview b. Scope c. Methodology d. Schedule e. Budget f. Project team g. Risk management h. Project coordination protocol