Date | Description | Base Date $m | Current $m |
| Contractor | Notes | |||
2.2 Project Expenditure History |
|
|
|
|
| ||||
Prior to |
|
| 2,529.2 |
| Boeing |
| |||
|
|
| 93.3 |
| US Government |
| |||
|
|
| 173.6 |
| Other | 11 | |||
|
|
|
| 2,796.1 |
|
| |||
FY to |
|
| 125.1 |
| Boeing |
| |||
|
|
| 4.0 |
| US Government |
| |||
|
|
| 47.1 |
| Other | 12 | |||
|
|
|
| 176.2 |
|
| |||
Jun 11 | Total Expenditure |
|
| 2,972.3 |
|
| |||
|
|
|
|
|
|
| |||
Jun 11 | Remaining Budget |
|
| 887.2 |
|
| |||
|
|
|
|
|
|
| |||
Notes | |||||||||
1 | This project's original DMO budget amount is that prior to achieving Second Pass Government approval. | ||||||||
2 | Transfer to Project Olympus. | ||||||||
3 | Merger of Project Olympus, which had been established separately to acquire classified elements of the AEW&C capability. | ||||||||
4 | Variation for overfunding of indexation and for eign exchange at time of approval. | ||||||||
5 | Transfer to supplement Overseas Allowances. | ||||||||
6 | Increased scope, approved by Government in April 2004, for the acquisition of the 5th and 6th aircraft. | ||||||||
7 | Administrative Savings harvest. | ||||||||
8 | Transfer to Facilities. | ||||||||
9 | Skilling of Defence Industry harvest. | ||||||||
10 | Up until July 2010, indexation was applied to project budgets on a periodic basis. The cumulative impact of this approach was $1068.4m. In addition to this amount, the impact on the project budget as a result of out-turning was a further $42.7m having been applied to the remaining life of the project. $388.1m of this amount is relates to a real cost increase for contract price indexation variations beyond the supplementation provided by Government. | ||||||||
11 | Out of the $173.6m expenditure up to June 2010 the majority of expenditure is associated with Independent Verification and Validation Services of $61.1m, In Service Support Contract costs of $37.7m, Facilities related expenses of $27.3m, travel costs of $16.3m and other project management support costs (legal, project administration, minor asset costs etc) of $31.2m. | ||||||||
12 | Out of the $47.1m expenditure up to 30 June 2011, the majority is associated with Tindal Facilities expenditure invoice to Defence Support Group of $32.6m. Independent Verification and Validation Services of $5.0m and AEWC Radar Collaborative Study (ARCS) of $3.6m and other project administration costs of approx $6.0m. | ||||||||