§ Mrs. Doris Fisherasked the Secretary of State for the Environment what market allowance he is prepared to give on top 434W of the basic cost limit towards the final Woodgate Valley, Birmingham, contract.
§ Mr. ChannonA market allowance of £527,000 was given as an addition to the housing cost yardstick on 20th February and £33,000 as an addition to the car accommodation yardstick.
§ Mrs. Doris Fisherasked the Secretary of State for the Environment what excess will have to be met by the rates in Birmingham towards the final Woodgate Valley, Birmingham, contract.
§ Mr. ChannonIt is understood that the tender in respect of the dwellings exceeds the yardstick including market allowance by £63,984. This is accounted for by higher specifications and uneconomic design. If the city council decides to accept this tender it will be required to make a rate fund contribution equal to the annual charges on £63,984 to the extent that this is necessary to balance the housing revenue account in any year.