Section 4 - Details of cost and saving implications

The Costs and Savings arising as a result of the Change Compensation Event are as set out in the following table (see section 7.2(i)). Select relevant option(s) notified by State.

Description

Savings ($AUD ex GST)

Costs ($AUD ex GST)

Reimbursable costs plus Agreed Margin:

Fixed price:

Capped price:

Other:

Amounts of any required capital expenditure that can be accommodated within the next planned refurbishment of the Maintained Assets:

[insert details]

[insert details]

The cost of Insurances:

[insert details]

[insert details]

The timing for compensation in accordance with section 8 of the Change: Compensation Principles:

[insert details]

The funding to be provided for a Change Compensation Event (where the State has requested such funding):

[insert details of proposed funding, if any]

[to the extent Project Co is unable to provide the requested funding, insert evidence that Project Co has used all reasonable endeavours to obtain such funding, including by:

• using any Savings resulting from other Change Compensation Events which have resulted in amounts being available under the Finance Documents;

• using any standby facility that may be available to Project Co;

• arranging for additional funding under the Finance Documents and from other sources (if permitted under the Finance Documents); and

• arranging other funding obtained on commercial terms for Project Co by the State (without any obligation on the State to make any such arrangements).]

[if the Change Compensation Event is a State Initiated Modification, details of the basis on which Project Co would be prepared to fund or to procure the funding of whole or part of the Modification and the cost differences between the State and Project Co funding the Modification.]