Date | Description | Base Date $m | Current $m | Contractor | Notes | ||
2.2 Project Expenditure History |
|
|
|
| |||
Prior to Jul 10 |
| 1,328.1 | 1,266.5 |
| US Government | 2 | |
|
| 46.5 | 46.5 |
| Other | 3 | |
|
| 1,374.6 |
| 1,313.0 |
|
| |
FY to Jun 11 |
| 0.0 | 0.0 |
| US Government | 2 | |
|
| 5.4 | 5.4 |
| Other | 3 | |
|
| 5.4 |
| 5.4 |
|
| |
Jun 11 | Total Expenditure | 1,380.0 |
| 1,313.4 |
|
| |
|
|
|
|
|
|
| |
Jun 11 | Remaining Budget | 484.4 |
| 530.5 |
|
| |
|
|
|
|
|
|
| |
Notes | |||||||
1 | Up until July 2010, indexation was applied to project budgets on a periodic basis. The cumulative impact of this approach was $103.3m. In addition to this amount, the impact on the project budget as a result of out-turning was a further $20.7m having been applied to the remaining life of the project. | ||||||
2 | For Base Date calculations for FMS cases, a consistent de-escalation factor has been applied to all projects which is derived from Defence's cost estimation methodology. | ||||||
3 | Other expenditure comprises: operating expenditure, contractors and other capital expenditure not attributable to the aforementioned top 5 contracts and minor contract expenditure. | ||||||