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