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Our Ref:
Your Ref:
22 November, 1993
Mr B G Marr
HM Treasury
Parliament Street
London SW1P 3AQ
HONG KONG : NEW CONSULATE-GENERAL
8245
Facsimile: 081-686 4951
1. Thank you for your letter of 22 July 1993 which approved £3
million for the stages up to, but excluding the main works
contract.
2. We have now completed our appraisals of the Final Sketch
Designs and Report. We conclude that the future Consulate General,
as now designed, will satisfy all HMG's post 1997 needs and house
them in a fitting building of quality that provides good value for
money. The revised total estimate project cost now stands at
£28,450,000, which compares with the Treasury published Supply
Estimates for 1993/94 which state in table 1 that the cost of the
project is £29m. The difference between the current and previous
cost estimates is due mainly to fluctuations in Rate of Exchange:
see item 22 of the attached Project Approval Proforma.
3.
I also enclose updated DCF appraisals of both this project
PJADS1.92
No comments yet.
Private notes are available after approval.