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   <subfield code="a">Bayombong, Carmina</subfield>
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   <subfield code="a">A feasibility study on a Gabion-type low dam with vermicast as core material or &quot;Gabion-Vermicast Dam&quot;</subfield>
   <subfield code="c">by Carmina Bayombong [and three others].</subfield>
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   <subfield code="a">Access exclusively for UP IE students. Written permission required from the department head for NON-IE and NON-UP students or researchers.</subfield>
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   <subfield code="a">Submitted in partial fulfillment of the course requirements in IE 153 : Project development and management.</subfield>
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   <subfield code="a">The feasibility study on the invention,  Gabion-type Low Dam  with  Vermicast as Core Material or &quot;Gabion-Vermicast  Dam&quot; aims to  authenticate the  prospective  business  of a  new irrigation  dam  technology.  This  new  product aims  to  serve  as  an  irrigation  dam  to  small irrigation  projects  (less  than 200 hectares). with  the  added  benefits  of being  low  cost  and being  healthier for crops, due to  its  core  material. vermicast. This  project focuses  on the adaptation  of this  new dam technology to  all remaining  small irrigation  projects  in the country and the company that will hold necessary operations to achieve that goal.     The specific target market for this project are &quot;Individuals in the Philippine agricultural sector, located in potential irrigable areas who are actively using their lands for agricultural production, with means to be included in a 50  hectare land area and have access to an NIA (National  Irrigation  Administration) main canal.&quot; The market was found to  be extremely viable, with  488,917  farmers  involved  in  the  specific  target  market mentioned  above and 27,810 small irrigation  projects  left  in  the  country. The company  chose to  focus  on Luzon projects. which makes  up most of the  demand,  during the first  5 years  of operation  and came up with the following sales forecast.     Each  Gabion-Vermicast  dam  is  made  up  of gabions,  vermicast,  and  geotextile  fabric. The gabions serve as the  body of the  dam. The geotextile fabric  is sewn into  a  pouch  in  order to  protect the vermicast, which is  put in  between the  gabions. It takes an average  of 4 weeks for the dam design's detailed engineering to fit the site and 2 weeks for building the dam itself. However, an average  of 21  months  is  assumed  for  each project  due to the  long  process  of bidding in the national irrigation administration. The Gabion-Vermicast dam may be availed in 4 options through the company. The following options are (1) Design+ Supply+ Construction (2) Design + Partial  Supply+  Construction (3)  Design + Supply+  Partial  Construction  (4)  Design +  Partial  Supply  +  Partial  Construction.  Such  options  are  available  to  keep the  low  cost advantage  of the  dam for the financially challenged stakeholders.  Manpower for the  company is  minimal in the 5  years of operation and  is  enough  to  cater to  primary  projects  and expansion of the company.     The  total  investment  cost.  which  is  made  up  of  the  capital  investments  and  the operational  cost  for  the  first  year, amounts to  Php  28,706,249.43. This is already a pessimistic estimate because the Metro Manila facility was used. 2/3 of this will  be funded through  equity financing  while the  other  1/3 will  be through  debt financing. Based  on the financial  projections  of the  company, the following financial  ratios prove that the company is a good investment and will be financially stable in its operations.     Moreover,  the  project  has  been  proven  to  be  socially  attractive  and  economically feasible. This  was  determined  through  the  use  of  2 socio-economic criteria,  namely  net present value and benefit cost ratio. The project was determined to  have Php 328,711,570.6 of net present value and a benefit cost ratio of 20.98. The NPV is positive and the 8/C ratio is greater than 1, therefore making the project socially profitable.     Given the feasibility of the Gabion-Vermicast dam in all the marketing, technical, organizational, financial and social aspects, the project should definitely be pursued.</subfield>
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   <subfield code="a">Lucas, Maria Melliza Gayle</subfield>
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