Accurately modeling risks, costs, and electricity output is essential to the financing and advancement of concentrating solar power projects. To address this need, a group of CSP experts created a guideline document, titled SolarPACES Guideline for Bankable STE Yield Assessment [1]. To make this information more accessible and allow stakeholders to test specific models against the recommendations, the guidelines have been condensed into a spreadsheet-based checklist. The checklist was applied to NREL's System Advisor Model (SAM) software, providing useful feedback to both the checklist group and the SAM development team. This study showed strong agreement between SAM and the guidelines, demonstrated the use of the guidelines in model validation, and resulted in several recommended improvements to SAM.