IPTD-374
Online resource valuation calculator supporting NRD settlements
Description
This project is limited to just an online, publicly facing calculator to take inputs and render a proposed settlement amount based on the parameters. Disclosure of the calculation must be possible ahead of submission/completion. To complete a transaction for routing to a program email will require entry of a PI number for reference, although there will be no confirmation of the number captured in a text box. Other envisioned required fields will likely be entity identifiers and acknowledgement of a certification to accompany the submission.
Project Justification
A 5-year clock on pursuit of specific, documented groundwater contamination scenarios will regularly run out without NJ recouping damages without more capacity to generate settlements. This tool is meant to open new voluntary opportunities for settlement by producing a confident settlement figure that can be anonymously generated and considered by responsible parties.
Activity
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Peter is enabled with tools/access through Rich H. Program to reach out if help is needed.
Rich Hyjack has reached out to Peter Revilla to get some more information regarding reference tables and calculations involved.
Meeting today with AC Dragon, AC Stofa, Artie Zanfini, Joe Eaker, Peter Revilla, Stacey MacEwan & Katie Smith. We clarified the big picture of this project to rule out any pre-connection with existing SRP documents and any post connection or storage back in enterprise systems. If there is any need to manage resultant data, craft an actual settlement, invoice for it, store, look up or serve it out, it will not be captured in this project and current processes will be employed. While the envisioned tool will need to take inputs and will generate a settlement output, the calculation is meant to be proprietary or a black box. Knute raised concern that as a publicly available tool with no limits to use, customers and curious participants might be able to reverse engineer the calculations and that we can’t necessarily design around that. The program was confident that this would not be a problem.
Note that the boundaries of the project from today are much narrower than the scope written up in the attached IT Project sheet which seeks production of invoices and possibly draft documents.
There has been only broad conceptual support from customers for such a tool so far, and no direct involvement by customers toward design/feasibility/likely uptake so that the actual transactions per year are uncertain if up to about 300/yr.
Next steps:
Peter Revilla to share policy/procedure and calculation documentation to inform the complexity and boundaries of the web design.
Knute to engage Jim Bridgewater/Rich Hyjack on use of webform for the calculator.
Program opened possibility for Peter Revilla to take a leading role in development with DOIT support, especially if this can be done in WordPress.