TNAG-1175-FCO40-1477-Proposed-replacement-airport-for-Hong-Kong-at-Deep-Bay-or-Ch-1982 — Page 131

PROGRAMME OF MEETINGS

ATTACHMENT B

Progress Meeting 1 (end Month 2)

1.

2.

Revenue projections will have been reviewed, variations

from 1979 forecasts identified and the projections revised as

and if appropriate. Consultants will require acknowledgement

by Government of the revised forecasts, if any, as a basis for

proceeding with financial modelling. (Task 1)

Projections of operating costs will need similar confirmation.

Capital costs will still be indeterminate in some respects but

consultants will require awareness by Government of orders of

magnitude before proceeding, (Task 2)

3. Initial identification of potential funding sources will be

completed and approval will be required before any informal

approach is made to those sources. (Task 6)

Progress Meeting 2 (end Month 3)

4.

Consultant's method of preparing pro forma statements must be

approved to ensure alignment with Government and/or CAD systems.

(Task 3)

5.

At least three different basic approaches to currency planning

are identifiable. Consultants should obtain the view of

Government as to which approach is appropriate and as to what

reference if any should be made in prequalification documents.

(Task 8)

6.

Following discussions with Master Plan Consultant (management .consultant) and review of their report to Government, an initial view will be required on the structure of the operating entity as

a basis for determining the appropriate debt/equity mix and

related questions. (Task 9)

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