14.1.4 Raw PSC results (non-risk-adjusted)

Table 14-1 shows the Raw PSC split into construction cost and operating costs (NPC basis).

Table 14-1: Raw PSC - Construction and operating costs (net present cost)

Cost item	NPC $m
Direct construction costs
Project design	0.5
Land acquisition and development	5.0
D&C contract price (incl. car park)	139.6
Payments to consultants	1.0
Plant and equipment	46.5
Capital improvement (incl. car park)	11.8
Refurbishment cost	27.3
Indirect construction cost
Overheads	2.9
Total construction costs	234.6
Direct operating costs
Hospital maintenance costs	30.0
Cost of materials	10.5
Wages and salaries	37.5
Other employee costs	7.5
Electricity etc.	14.0
Direct management costs	7.0
Insurance	8.8
Indirect operating costs
Operating overheads	1.4
Administration overheads	3.8
Indirect capital cost allocation	0.7
Less third-party revenue	(35.0)
Total operating costs	86.2
Total Raw PSC (excl. GST)	320.8

Cost items in Table 14-1 are in NPC terms and will differ from numbers in Section 14.1.2. For example, the capital cost, $150m nominal (referred to in Section 14.1.2) corresponds to $139.6m in NPC terms.