Base Case construction costs (DKK billion) | | | | | |
Price level | 2014 | 2014 | 2014 | 2015 | 2015 |
Danish land works |
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Construction costs excl. reserves | 7.3 | 7.3 | 7.3 | 7.3 | 7.3 |
Correction allowance (10%) | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 |
Reserves (20%) | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 |
Sum reserves | 2.2 | 2.2 | 2.2 | 2.2 | 2.2 |
Sum reserves (%) | 30% | 30% | 30% | 30% | 30% |
Sum construct. costs incl. reserves | 9.5 | 9.5 | 9.5 | 9.5 | 9.5 |
Coast-to-coast construction |
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Construction costs excl. reserves | 40.5 | 40.5 | 49.4 | 45.8 | 38.9 |
Project preparation, organisation etc. |
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| 5.6 | 6.4 |
Total construction costs excl. reserves | 40.5 | 40.5 | 49.4 | 51.4 | 45.3 |
Reserve for contractor risk | 1.8 | 1.8 | 1.8 |
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Other reserves: |
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Client reserve | 3.7 | 3.7 | 3.7 |
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Extra reserves (16.4%) |
| 6.7 |
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|
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Total other reserves | 3.7 | 10.5 | 3.7 |
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|
Sum reserves | 5.5 | 12.3 | 5.5 | 3.7 | 7.3 |
Sum reserves (%) | 14% | 30% | 11% | 7% | 16% |
Sum construction costs incl. reserves | 46.0 | 52.7 | 54.9 | 55.1 | 52.6 |
Total project |
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Total construction costs excl. reserves | 47.8 | 47.8 | 56.7 | 58.7 | 52.6 |
Total reserves | 7.7 | 14.5 | 7.7 | 5.9 | 9.5 |
Total reserves (%) | 16% | 30% | 14% | 11% | 18% |
Total construction costs incl. reserves | 55.5 | 62.2 | 64.4 | 64.6 | 62.1 |
Base Case Payback Period (Years) | 32 | 37 | 39 | 39 | 36 |
Partial sensitivity analysis (Years) | [28; 41] | NA | NA | NA | [31; 48] |