Amount of bid
BRITISH BID
HONG KONG MASS TIT SYSTEM
(Cqiversions at HK$13.0=£1)
JAPANESE BID
. ITALIAN BID
ANGLO/FRANCO/GERMAN BID
HKZ5321.6m (£409.4m)
includes escalation provision of
1.
hr 2.
HK3932.9m (£ 71.8m)
HKX5070m $90m) Standard equipment HK$4563m (£351m)
?
?
or 3.
Utility scheme
Amount of Export Credit
HK$3147m
(£242.1m)
includes escalation provision
Interest Rate
6%
exclusive of charges
HK84056m (£312m)
Fixed price including
escalation Variance in Cost + 22%
16%
2. 3.
HK83042m £234m)
63% inclusive of charges
61-61% inclusive of charges
?
French 61% (exclusive
of charge German 31% over
Bundesbank
rate
British 6% exclusive.
charges
Repayment Terms
over 12 years from completion of each stage viz over 42
174 years from 1 Jan 1974, with an assumed building period of 52 years).
NB In the latest submission the British group have provided for 12 years from the end of the four stages.
over 6-19 years from
January 1974
over 12 years from completion of all four stages
Franco/Germans: over 12 years from completion of each stage BUT will agree from completion of al four stages
Capitalisation of Interest
Building period
Not agreed
Agreed
Agreed
Will agree
?
?
54 years
5 years