Base Case

PFI HOUSING - SENSITIVITIES & SCENARIOS

Please note that this document is currently in draft and open for consultation until 11 September 2009 and may be subject to change following such consultation.

 

 

 

PFI Model Base Case

 

 

 

 

 

 

 

 

 

 

 

 

Base Case

 

 

 

Total Unitary Charge

Capital Funding Gap (Surplus) Council upfront capital contribution required to SPV to reduce cost of scheme or one off upfront capital contribution to smoothing reserve

Revenue Affordability Gap (Surplus) Per Annum, £m Nominal

PFI Credit Requirement To Close Capital Funding Gap

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Annual Construction Indexation

Profile as appropriate

Year

 

 

 

 

 

 

 

 

 

 

 

 

 

%

 

 

 

 

 

 

 

 

 

 

Construction cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lifecycle Indexation

Profile as appropriate

Year

 

 

 

 

 

 

 

 

 

 

 

 

 

%

 

 

 

 

 

 

 

 

 

 

Life Cycle Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-HRA Only: Rental Income Indexation

Profile as appropriate

Year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-HRA Only: Service Charge Indexation

Profile as appropriate

Year

 

 

 

 

 

 

 

 

 

 

 

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Annual Maintenance / Services Indexation

Profile as appropriate

Year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

%

 

 

 

 

 

 

 

 

 

 

Annual Maintenance / Services Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Annual Management / SPV Indexation

Profile as appropriate

Year

 

 

 

 

 

 

 

 

 

 

 

 

 

%

 

 

 

 

 

 

 

 

 

 

Annual Management / SPV Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effective Interest Rate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Close Date