2.2 Project Expenditure History

Date

Description

Base Date $m

Current $m

Contractor

Notes

2.2 Project Expenditure History

 

 

 

US Government (FMS)

4

Prior to Jul 10

 

 

79.2

 

 

5

 

 

 

57.9

 

US Government (ACP) Raytheon Australia Thales Underwater Systems Sonartech Atlas Other

6

 

 

 

99.2

 

 

 

 

26.5

 

 

 

 

26.8

 

 

 

 

132.7

 

 

 

 

 

422.3

 

 

FY to Jun 11

 

 

0

 

US Government (FMS)

 

 

 

 

0.2

 

US Government (ACP) Raytheon Australia Thales Underwater Systems Sonartech Atlas Other

 

 

 

 

0

 

 

 

 

 

 

 

 

 

 

 

0

 

 

 

 

 

0

 

 

 

 

 

3.0

 

 

 

 

 

 

3.2

 

 

Jun 11

Total Expenditure

 

 

425.5

 

 

 

 

 

 

 

 

 

Jun 11

Remaining Budget

 

 

24.9

 

 

 

 

 

 

 

 

 

Notes

1

Transfer to DSTO.

2

Administrative savings harvest.

3

Up until July 2010, indexation was applied to project budgets on a periodic basis. The cumulative impact of this approach was $55.5m. In addition to this amount, the impact on the project budget as a result of out-turning was a further $1m having been applied to the remaining life of the project.

4

The FMS case value is $79.2 (written back from $143.9m - see Note 1 in Section 2.4 below). The supplies remaining under the most significant FMS case would then be delivered under the Armaments Cooperative Project (ACP).

5

The ACP is the main vehicle for supplying equipment and services for the Tactical Command and Control hardware and software development.

6

Other expenditure of $132.7 includes an amount of $43.6m to ASC for platform design and installation (under the Through Life Support Agreement - Submarine Sustainment Contract); a total of $42.3m on supplies and services provided by other Contractors. The remaining expenditure comprises: operating expenditure, consultants, contingency.

7

The amount of $3.0m is predominantly ASC Pty Ltd and Engineering & Scientific System contracts with remainder as sundry contractor services.