Bob Bauze WHAT ANNUAL RENT WILL WE PAY?

Dear Enquirer

The Rann/Foley government has planned for a private consortium to finance, design, construct and own the new RAH. The consortium will then maintain and supply support services to it for 35 years. From 2016 we will be paying rent and a service fee for 35 years! (http://www.newrah.sa.gov.au/project/procurement.htm).
Cost to completion is estimated at $1,700million.
What will be the annual rent and fee? Perhaps starting at $200million?
We will be renting something for 35 years after demolishing $1billion worth of perfectly functioning RAH - that we own.
Sounds crazy!

Yours faithfully,
Bob Bauze
Past Director of Orthopaedics and Trauma
Royal Adelaide, The Queen Elizabeth and Lyell McEwin Hospital