How are costs allocated?
Every owner will contribute to the annual operating costs such as mooring charges, insurance etc. and also to each years winter maintenance costs. Winter maintenance costs vary each year in accordance with a pre-determined schedule. The contribution amounts to 25% for each shareholding and details of the costs are available on request which gives an indication of ongoing annual expenditure.
Related Questions
- More detail is available in DH guidance documents which give examples of what kind of costs should be allocated in the full proposal details as research,NHS support or NHS treatment costs. Who funds these costs?
- What are the costs associated with the certification process and how are they allocated?
- How should indirect costs be allocated?
