Provide a reconciliation of the Owner's funding allocation for the alliance (which should be the estimate in the Business Case) with the Target Outturn Cost (TOC) and the Actual Outturn Cost (AOC). Also provide reasons for any discrepancy between the three (a 'causal analysis').
A summary reconciliation should be provided in a tabular form as follows, with addition information should be provided outside the table as required.
Item | Business Case estimate | Differences | Causal Analysis | ||
Reimbursable costs for NOPS: Direct Costs: Cost report line A Cost report line B Etc Subtotal 1 Indirect costs: Cost report line M Cost report line N Etc Subtotal 2 Total Reimbursable Cost report line X Cost report line Y Etc |
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Total reimbursable Cost Estimate |
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Escalation Costs |
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Contingency |
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Insurance allowance |
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NOPs Fee |
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Total Alliance Costs |
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Notes:
1. If there has been more than one approval of the Business Case and/or the TOC originally approved for the project, provide details all approved versions/revisions of the Business Case and the Owner's approved funding for the alliance and/or the TOC.
2. All costs should be reported in nominal dollars as this is the standard presentation of project budgets.