10.2  Key project details

Table 10-1 details the basic costs incurred in the project's delivery. All figures are expressed in net present cost (NPC) terms reflecting costs/revenues assumed over the project's 12-year term, assuming a nominal discount rate of 7.62 per cent, based on a real pre-tax rate of 5 per cent and an inflation assumption of 2.5 per cent.

Table 10-1 Basic costs of delivering the project

Category

Item

NPC
$m

 

Direct capital costs

Design

Land

Design and construct contract price

Consultants

Plant and equipment

Capital improvements

Through life capex

0.5

5.0

139.6

1.0

46.5

11.8

27.3

 

Indirect capital costs

Construction overheads

2.9

 

Total

 

234.6

 

Operating and maintenance

Maintenance

Direct operating costs

Indirect operating costs

30.0

85.3

5.9

 

Total

 

121.2

 

Third-party revenue

Competitive Neutrality

 

(35.0)

15.0

 

Total non-risk-adjusted PSC

 

335.8