Comment
Community Infrastructure Levy - Draft Charging Schedule (Nov 2014)
Representation ID: 1787
Received: 12/12/2014
Respondent: Cogent Land LLP (Cogent)
Representation Summary:
Abnormals
We note that BNP have confirmed in the response document that no abnormal costs have been factored in to the appraisals and it is not possible or reasonable to incorporate abnormal costs such as for remediation within an area wide viability study. These costs are site specific and as such will vary across all sites. The main reason for In light of this, we would recommend that the proposed CIL rates are set with a significant buffer (minimum 40%). This will ensure that there is sufficient room for site specific abnormal costs and prevent the CIL rates being set at the margins of viability.