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session	2017%2F19
min ddp created	2019-10-02T19:11:17.347Z
title	House of Lords Tabled Parliamentary Question 2017%2F19 HL18044
min ddp modified	2019-07-15T15:43:01.438Z

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registered interest

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answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


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question text

tabling member printed

uin

answer

is ministerial correction

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and

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answering member printed

question first answered

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1148441

registered interest

date

07/10/2019

answering body

Department for Transport

answering dept id

answering dept short name

Transport

answering dept sort name

Transport

hansard heading

house id

legislature

25277

pref label	House of Lords

question text

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.

tabling member printed

Lord Lipsey

uin

HL18044

answer

is ministerial correction

date of answer

08/10/2019

answer text

<p>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</p>

answering member printed

Baroness Vere of Norbiton

question first answered

08/10/2019 15:49:19

answering member

4580

label	Biography information for Baroness Vere of Norbiton

tabling member

2492

label	Biography information for Lord Lipsey