TUESDAY, MARCH 25, 1986
(0) IF THE PILOT SCHEME IS SUCCESSFUL, PRIVATE INSURANCE COMPANIES SHOULD BE INVITED TO OFFER INSURANCE COVER FOR THIS HIGHER STANDARD OF ACCOMMODATION WITHIN GUIDELINES ESTABLISHED BY THE GOVERNMENT. (PAGE 11-29)
CHAPTER 5 OF THE REPORT SETS OUT THE COST IMPLICATIONS OF THE
THE CONSULTANTS RECOMMENDATIONS OVER THE FIRST FIVE YEARS. ESTIMATED THAT THESE WOULD BE IN THE ORDER
OF:
ADDITIONAL COSTS:
ONCE OFF (5 YRS)
RECURRENT
(PER ANNUM)
SETTING UP COSTS
200M
STAFF COSTS
450M
100M
UPGRADING FACILITIES
300M
30M
REDUCED COSTS
BETTER USAGE OF FACILITIES
950M
13.3M
REDUCED BUILDINGS
400M
REDUCED STAFF COST
200M
60M
IMPROVED EFFICIENCY
360M
120M
960M
180M
THE CONSULTANTS HAVE THUS CONCLUDED THAT FIVE YEARS AFTER IN THE ESTABLISHMENT OF THE NEW AUTHORITY THE COSTS OF IMPLEMENTING THE RECOMMENDATIONS IN THE REPORT WOULD HAVE BEEN COVERED. ARRIVING AT THIS CONCLUSION A NUMBER OF MAJOR ASSUMPTIONS WERE MADE AND THESE WILL BE CLOSELY EXAMINED BY THE GOVERNMENT DURING ITS DETAILED CONSIDERATION OF THE REPORT.
THE SPOKESMAN