21. BASIS OF COST ESTIMATES

1. Prices ruling at the date of the estimate

(for proposed VOP contracts)

2. Prices ruling at the date of the estimate (for proposed firm price contracts)

3. Contracted prices - VOP contracts

(A) This submission

Tick

-

Base date

(B) - Previous approval

Tick

Base date

N/A

N/A

/ OCTOBER 93

MARCH 93

N/A

N/A

N/A

N/A

4. Contracted prices - firm price contracts

N/A

N/A

5. Index value

6. Index name

N/A

22. REASONS FOR CHANGE IN COST ESTIMATE

1. External factors

2. Estimating changes

3. Design development

4. Client changes

5. Ground conditions

6. Contractor claims

7. Inflation RATE OF EXCHANGE

8. Other (specify)

Total (as difference between totals of 20(A) and 20(B))

23. CASH FLOW

(A)-This submission

£

160,000

140,000

600,000

£

900,000

(B) - Previous approval

Year

£

Year

dated 22/7/93

£

92/93

500,000

92/93

400,000

93/94 2,100,000

93/94

3,280,000

94/95 12,850,000

94/95

12,250,000

·

95/96 11,800,000

95796 10,050,000

96/9

1,150,000

9679

1,570,000

Total

£ 28,450,000

Total

£27,550.000

Page 45Page 46

24. TIME ESTIMATES

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