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Footnotes to Draft Regulatory Impact Assessment
1 Discounting over a 10 year period is standard practice
in evaluation. It allows for comparisons of future and
current consumption by expressing costs and benefits in
money from the same time period. A discount rate of 3.5 per
cent is used, in accordance with the Treasury's Green Book.
This rate reflects the long run growth rate of the
UK economy, a measure of risk and
individuals' preferences for current consumption.
2 Labour cost figures are based on the average hourly
earnings statistics for Scotland published in the New
Earnings Survey for 2003 plus an allowance of 25% to
account for superannuation and National Insurance
contributions on the part of the employer.
3 "Economic Cost of Fire, Estimates for 2000"
ODPM, June 2003
4 Assumed to be a Station Officer, after 2 years in
rank.
5 Within this number, 28,020 have high speed connections
while 105,760 have slower (dial up) connections. 47,020
have no internet connection at all.
6 Scottish Executive National Statistics Publication:
Scottish Corporate Sector Statistics 16 June 2005
7 Fire Statistics Scotland, 2002: Scottish Executive
Statistical Bulletin, April 2004
8 The Economic Cost of Fire: Estimates for 2000:
ODPM June 2003
9 Fire Statistics Scotland 2001: Scottish Executive
Statistical Bulletin, May 2003
10 Fire Statistics Scotland 2002: Scottish Executive
Statistical Bulletin April 2004
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