Supplementary memorandum submitted by
The Royal Parks
Question 48 (Mr Richard Bacon): Estimated annual
running costs of the Diana, Princess of Wales Memorial Fountain
| Annual costs |
|
| Fountain Mechanics Specialist Maintenance |
£11,900 |
| Grounds Maintenance | £37,500
|
| Horticultural purchases | £10,000
|
| Supervision staffing | £120,000
|
| Electricity | £34,200 |
| Water abstraction licence | £1,200
|
| Website maintenance | £400
|
| £215,200 |
| Deduct—Previous notional cost of parkland maintenance
| £1,200 |
| Total Annual Costs £214,000
|
| Non-Annual costs |
| Periodic replacement of fountain mechanics equipment—pumps, fittings etc (annualised replacement cost)
| £7,000 |
| Re-coat path surfaces with resin every 3 years (Annualised cost)
| £2,500 |
| Total Non-Annual Costs £9,500
|
| Contingency | |
| Many of the above costs are estimates, and we have not yet completed one "normal" year of operation—Allow approx 5% contingency to allow for resultant uncertainty.
| £11,175 |
| Total Estimated 2005-06 running costs including replacement cost provision and contingency
| £234,675 |
November 2005
|
|
|
