LB05: — Preliminary Eligible Basis Worksheet

Size it before you sell it. A short conversation about mechanical, envelope, and energy scope tells you whether there is enough eligible basis to bother, and this worksheet structures it into a number. Deal identification, then a scope inventory across thirteen categories with three columns — to be incurred, in progress, and already incurred, that last one being your retroactive candidate. Three read-the-result paths depending on where the number lands, a not-eligible list, and a sizing check that compares preliminary basis against the actual gap, since basis is a ceiling on scope rather than a commitment of proceeds. If it covers only a fraction of the gap, C-PACE may still reduce the mezzanine piece — a smaller but real result and often an easier sponsor conversation.