Written question asked by Lord Lipsey (Labour) on Monday, 7 October 2019, in the House of Lords. It was due for an answer on Monday, 21 October 2019. It was answered by Baroness Vere of Norbiton (Conservative) on Tuesday, 8 October 2019 on behalf of the Department for Transport.
M4
- Question
-
To ask Her Majesty's Government, further to the Written Answer by Baroness Sugg on 4 April (HL14781), what discount rate they applied to the forecasted benefits.
- Answer
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The benefits of the scheme were calculated over a 60-year period. The discount rate applied to the forecasted benefits was 3.5% each year for the first 30 years and 3% each year for the next 30 years, as stipulated in the HM Treasury’s “The Green Book: Central Government Guidance on Appraisal and Evaluation
Secondary information
- Type
- Written question
- Reference
- HL18044
- Session
- 2017-19
- Related items
- Subjects
- M4
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2019-10-15 09:18:32 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2017-19/HL18044
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