Question reference: S2W-31921
- Asked by: Carolyn Leckie, MSP for Central Scotland, Scottish Socialist Party
- Date lodged: 21 February 2007
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Current status: Answered by Tavish Scott on 7 March 2007
Question
To ask the Scottish Executive, further to the answer to question S2W-31693 by Tavish Scott on 19 February 2007, whether the six per cent discount referred to in the answer was itself an index-linked figure.
Answer
No. Guidance on use ofdiscount rates is set out in HM Treasury's Guidance on Appraisal andEvaluation in Central Government, knownas The Green Book. At the time the Skye Bridge was being planned, The Green Book recommended theuse of a discount rate of 6%.