Investor Presentaiton
Investment Programme
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Regulatory baseline cost of £3,144m (14/15 prices) was based on management's detailed assessment of cost
Direct Works of £1,855m (Main Works Contractors, System Integrator and Programme Wide)
Indirects of £669m (resources, insurances, facilities, IT)
Contingency of £526m
Annual profile reflects regulatory baseline construction programme
£m 2014/2015 prices
Regulatory baseline cost, annual profile
600
500
390
400
531
519
497
407
Illustrative management build up to regulatory
baseline cost 2014/2015 prices
Contingency,
£526m
300
266
238
200
Handover and
Acceptance_
period, £94m
100
117
83
38
30
28
0
2016
2017 2018 2019 2020 2021 2022 2023
2024 2025
2026 2027
Indirects,
£669m
Programme
Wide, £63m
West, £421m
System
East, £605m
Integrator, £25m
Regulatory funding baseline derived from robust bottom-up estimate
Central,
£741m
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