2.2 Project Expenditure History

Date

Description

Base Date $m

Current $m

Contractor

Notes

2.2 Project Expenditure History

 

 

 

 

 

Prior to Jul 10

 

17.7

18.5

 

Elbit Systems Limited

 

 

 

7.4

7.4

 

Other

4

 

 

25.1

 

25.9

 

 

 

 

 

 

 

 

 

FY to Jun 11

 

48.8

53.7

 

Elbit Systems Limited

 

 

 

3.3

3.3

 

Other

5

 

 

52.1

 

57.0

 

 

Jun 11

Total Expenditure

77.2

 

82.9

 

 

 

 

 

 

 

 

 

Jun 11

Remaining Budget

255.7

 

243.0

 

 

 

 

 

 

 

 

 

Notes

1

This project's original DMO budget amount is that prior to achieving Second Pass Government approval.

2

Second Pass Approval

3

Up until July 2010, indexation was applied to project budgets on a periodic basis. The cumulative impact of this approach was $8.3m. In addition to this amount, the impact on the project budget as a result of out-turning was a further $7.3m having been applied to the remaining life of the project.

4

Other expenditure comprises: Operating Expenditure ($1.3m), Offer Definition ($3.0m), Consultants ($2.9m), Contractor Support ($0.2m) and Minor Capital expenditure not attributable to the Prime contract.

5

Other expenditure comprises: Operating Expenditure ($1.3m), Consultants ($0.2m), Contractor Support ($0.7m) and Minor Capital ($1.2m) expenditure not attributable to the Prime contract.