Appendix 1 Financial Assumptions Summary – Financial Assumptions Applicable to all Options Financial Item Source Assumption Escalator (%) Rent % Finance’s month/year publication – Escalator (%) O&M % Finance’s month/year publication – Escalator (%) Taxes % Finance’s month/year publication – Escalator (%) Land % Finance’s month/year publication – Escalator (%) Service Fees % Finance’s month/year publication – Escalator (%) Construction & Systems % Finance’s publication – Option 1: Option 2: Financial Financial Item Source Source Assumption Assumption General Financial Assumptions m2u / m2r m2u / m2r Office space m2u / m2r m2u / m2r SPS space m2u / m2r m2u / m2r Storage space # of stalls # of stalls Parking stalls Based on PSPC’s FYXX/XX Based on PSPC’s FYXX/XX Fit-up/Refresh $/m2u $/m2u Fit-up standards Fit-up standards Moving and signage $/m2u Best practice $/m2u Best practice Consultant % of fit-up Best practice % of fit-up Best practice Disbursements % of fit-up Best practice % of fit-up Best practice % of fit-up, % of fit-up, moving and moving and Contingency signage, Best practice signage, Best practice consultant and consultant and disbursements disbursements Project Leadership % of fit-up Best practice % of fit-up Best practice fees Project Management % of fit-up Best practice % of fit-up Best practice fees LPA (2001L) Rent Office & SPS $/m2r n/a n/a space $/m2r n/a n/a Gross Rent Storage $/m2r n/a n/a O & M $/m2r n/a n/a Taxes $/stall/year n/a n/a Parking rate Investment horizon Client requirement, # years n/a n/a (Term) Owner Investor, Leasing Finance’s month/year Discount Rate % n/a n/a publication
Appendix 1 – Financial Assumptions Summary Financial Assumptions Applicable to all Options Item Financial Assumption Source Escalator (%) – Rent % Finance’s month/year publication Escalator (%) – O&M % Finance’s month/year publication Escalator (%) – Taxes % Finance’s month/year publication Escalator (%) – Land % Finance’s month/year publication Escalator (%) – Service Fees % Finance’s month/year publication Escalator (%) – Construction & Systems % Finance’s publication Option 1: Option 2: Item Financial Assumption Source Financial Assumption Source General Financial Assumptions Office space m2u / m2r m2u / m2r SPS space m2u / m2r m2u / m2r Storage space m2u / m2r m2u / m2r Parking stalls # of stalls # of stalls Fit-up/Refresh $/m2u Based on PSPC’s FYXX/XX Fit-up standards $/m2u Based on PSPC’s FYXX/XX Fit-up standards Moving and signage $/m2u Best practice $/m2u Best practice Consultant % of fit-up Best practice % of fit-up Best practice Disbursements % of fit-up Best practice % of fit-up Best practice Contingency % of fit-up, moving and signage, consultant and disbursements Best practice % of fit-up, moving and signage, consultant and disbursements Best practice Project Leadership fees % of fit-up Best practice % of fit-up Best practice Project Management fees % of fit-up Best practice % of fit-up Best practice LPA (2001L) Rent Office & SPS space $/m2r n/a n/a Gross Rent Storage $/m2r n/a n/a O & M $/m2r n/a n/a Taxes $/m2r n/a n/a Parking rate $/stall/year n/a n/a Investment horizon (Term) # years Client requirement, Owner Investor, Leasing n/a n/a Discount Rate % Finance’s month/year publication n/a n/a
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