2.7  Prime Acquisition Contractor(s) Price and Progress Payments

Prime Contractor

Price (Base) at 30 Jun 09

Progress Payments (Base) at 30 Jun 09

FMS

1,547.7

N/A

Explanations

Contract expenditure in base date dollars has not been provided. FMS Letters of Offer and Acceptance values are estimates of the expected cost of the goods and services being provided by the US Government and are stated in then year dollar terms i.e. with price escalation built in. Payments are therefore made in escalated dollar amounts and it would be difficult to de-escalate individual payment transactions to a base date dollar amount. The cost to resource this activity would outweigh the benefits to be gained by its inclusion.