Total Water Tariff consists of two components comprising Availability Payment and Output Payment. Availability Payment in turn comprise Capital Cost Recovery Payment ("CCRP") and Fixed Operation and Maintenance Payment ("FOMP").

Capital Cost Recovery Payment and Fixed Operation and Maintenance Payment are defined in the formula below:

CCRPm = (CCRm* WC * Hm/24) FOMPm = (FOMCRm * WC * Hm/24)

Abbreviated Term	Explanation
CCRPm	Capital Cost Recovery Payment ($) for the billing period, m
CCRm	Capital Cost Recovery Charge Rate ($/m3) for the billing period, m
FOMPm	Fixed Operation & Maintenance Payment ($) for the billing period, m
FOMCRm	Fixed Operation & Maintenance Charge Rate ($/m3) for the billing period, m
WC	Warranted Capacity means the capacity to produce and supply 100,000 m3/day of NEWater
Hm	Total hours in the billing period, m
m	Billing Period
CPI m	Consumer Price Index applicable for billing period m
CPI b	Consumer Price Index fixed on the date NEWater project achieves commercial operation

Note : m³ means cubic metre ; $/ m³ means dollar per cubic metre; m³/ day means cubic metre per day.

Question:

Capital Cost Recovery Charge Rate is structured to pay for all debt service payments (including full repayments of principal and interest), redemption of sponsors equity capital and returns on equity capital invested. The NEWater project is funded by project finance loan of $80 million, which is equal to 80% of total project cost. Estimated total interest servicing is $20 million. Sponsors require total return on equity of $30 million on the equity capital invested. The concession period is 10 years and at the end of the concession period, the loan will be fully repaid and the Sponsors will be able to fully redeem all the initial equity capital invested plus the return on equity invested. What is the Capital Cost Recovery Charge Rate CCRm in S$/m3?