Referring to the spirilling cost of conversion a few days ago, Not_a_Boffin noted:
From what I've seen, this isn't the shipbuilder. The contract to do the detailed conversion design and estimate was only let in Oct 2011, so I doubt they have any real numbers to hand.
This smells like a programme office risk-on-risk forecast or worse a MB estimate but including all the other things people can think of adding on. You'd almost think some people wanted to go back to the B for some reason......
After
today's revelation in the Telegraph, it looks like he may be correct and the programme office are finally stepping away from the "Conspiracy of Optimism" that has underpriced this, and many other projects, for the last few years.