Comment
Community Infrastructure Levy (CIL)
Representation ID: 1724
Received: 30/01/2015
Respondent: Cogent Land LLP (Cogent)
Representation Summary:
Cashflow & Distribution of Costs
We understand that BNP adopt a bespoke spreadsheet model to undertake the appraisals for each of the typologies. Within the Viability Study, the appraisal summary sheet detailing the inputs for each typology has been attached as an appendix to the report. There is little explanation in the viability assessment on the distribution of the costs throughout the development period. We would welcome further disclosure of the cashflow assumptions used during the appraisals.