HC Deb 06 March 2003 vol 400 cc1145-6W
Bob Spink

To ask the Secretary of State for Transport how he estimates the Internal Rate of Return

same accident, it is recorded in the highest severity classification (ie fatality).

and Net Benefit assessed for Packages 20 and 21 in Annex D of the February 2003 South East and East of England Regional Air Services (SERAS) document would be affected by a requirement that a developer should bear (a) 15 per cent. (b) 25 per cent. and (c) 30 per cent. of the surface access cost associated with those packages as assessed at SERAS Stages 2 and 3. [100860]

Mr. Jamieson

The capital costs of the options at Gatwick and Cliffe used for the economic and financial appraisals of SERAS packages 20 and 21 included 100 per cent. of the costs of the surface access schemes associated with the airport development. The surface access schemes and costs for the two and four runway options at Cliffe are specified in Table 11.3 of the SERAS Stage 2 report and for the two single runway options at Gatwick in Table 2.2 of the SERAS Stage 3 report.