Select Committee on Environment, Transport and Regional Affairs Appendices to the Minutes of Evidence

Memorandum by Declan Gaffney and Dr Jean Shaoul (FLU 06)

Table 11

COMPARISON OF PPP AND BOND FINANCING COSTS (£M)

Year	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	Total
Funding requirement	410	360	300	220	130	160	210	200	120	190	150	70	0	(60)	(20)	2,440
Cost of Bond Interest at 5%	17	30	38	48	53	60	69	77	83	90	97	100	94	75	60	991
Cost of PPP	30	110	140	110	110	110	110	110	110	110	110	170	210	230	200	1,970

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Prepared 17 July 2000