2.2 Project Expenditure History

Date		Description	Base Date $m		Current $m			Contractor		Notes
2.2 Project Expenditure History
Prior to Jul 10				158.8			L-3 MAS (C338529)
				24.7			Boeing Australia Limited
				23.5			L-3 MAS (C338408)
				7.2			BAE Systems Australia & L-3 MAS		4

				37.7			User Government
				56.6			Other
						308.5
FY to Jun 11				0.7			L-3 MAS (C338529)		5
Jun 11				8.4			BAE Systems Australia & L - 3 MAS
				0.0			US Government
				1.5			Other
						10.6
Jun 11		Total Expenditure				319.1			6

Jun 11		Remaining Budget				632.2

Notes
1	Administrative Savings harvest.
2	Skilling Australia's Defence Industry harvest.
3	Up until July 2010, indexation was applied to project budgets on a periodic basis. The cumulative impact of this approach was $145m. In addition to this amount, the impact on the project budget as a result of out-turning was a further $13.8m having been applied to the remaining life of the project.
4	Other expenditure comprises: expenditure for the initial 4 centre barrels through the FMS system ($3.6m), expenditure for the procurement of aircraft modification via other minor contracts ($17.1m); the procurement of aircraft Fuel Cells and Longerons to support the Project ($7.8m); and the movement of Aircraft between Williamtown and Mirabel Canada to undergo the Centre Barrel Replacement Program ($6.5m). Remaining expenditure is attributable to contractor and legal costs and general operating expenditure.
5	Other expenditure comprises the procurement of Contractor support ($1.2m) Freight ($0.2m) and the remaining expenditure is attributable to general operating expenditure ($0.1m).
6	HSACP funding was provided by Air Force in April 2011. The remaining budget will be returned to the Defence Capability Plan, there will be a small element that will be provided to DCIP to accommodate FMS case closure costs.