Capital affordability Sample Clauses

Capital affordability. The estimated overall capital costs of the project are £ . A summary of the capital costs is shown in the table below, with detailed indicative costs presented at Appendix 2 Costs Elements Option 2 £000 Construction Costs Fees Estates and Facilities Equipment and IT Risk Allowance Sub Total VAT

Capital affordability. The estimated overall capital costs of the project are . A summary of the capital costs is shown in the table below, with detailed indicative costs presented at Appendix 2. The key capital assumptions are: • The construction costs are an indicative value, and assume no accelerated working. • Construction costs do assume the project would involve a significant level of refurbishment & modernisation throughout. • Construction costs include an inflation allowance, separately identified above; • VAT at 20% has been applied to relevant costs; • VAT recovery has been assumed where appropriate. A final assessment of VAT recovery will be given by VAT advisors on completion of the project; and • Costs include a risk allowance/ optimism bias of 12%. Costs Elements Option 2 £000 Construction Costs Fees Estates and Facilities Equipment and IT Inflation Allowance Risk Allowance Sub Total VAT Total Costs Summary of Capital Costs

Capital affordability. In its 2018/19 budget, Scottish Government stated its commitment to progressing investment in development of Elective Care Centres nationally. NHS Tayside estimates that it will require £ (REMOVED – COMMERCIALLY SENSITIVE) of this funding for the construction of the Elective Care Centre (excluding AHSP training facility) over financial years.