TNAG-0097-FCO40-133-Construction-of-a-Cross-Harbour-Tunnel-1968 — Page 134

CYPHER/CAT A

IMMEDIATE HONG KONG

TELEGRAM NUMBER ( 447

DIATE

bat

in Hong Kong Best ADVANCE COPY. for Caster

TO FOREIGN OFFICE

DATED 28 SEPTEMBER 1967.

LAST

RCF,

67

Rt.

CONFIDENTIAL.

FOLLOWING FOR CARTER FROM COWPERTHWAITE.

FOLLOWING IS APPROXIMATE BREAKDOWN IN MILLION POUNDS :-

(1) MAIN CONTRACT 3.0

(2) CONSULTING ENGINEERS' FEES 1.1

(3) INTEREST ON CONTRACTOR'S FINANCE DURING CONSTRUCTION 0.9

(4) SPECIAL ROADWORKS REIMBURSABLE TO GOV RNMENT 0.75

(5) OTHER EXPENDITURE DURING CONSTRUCTION NOT IN MAIN CONTRACT 0.5

(6) CONTINGENCIES CADVISED BY CONSULTING ENGINEERS) 0.55

(7) INTEREST ON SHAREHOLDERS LOAN STOCK 0.7.

2. IF, AS TREASURY PROPOSE, SHAREHOLDERS' FUNDS ARE USED FIRST, THERE

WILL BE SOME SWITCH FROM (3) TO (7).

GOVERNOR

DESP.

RECD.

05122

05302

28 SEPTEMBER 1967.

28 SEPTEMBER 1967.

Cory passed Gist

б

Hankins (Freesy

Cotterill (ECGA