PPRuNe Forums - View Single Post - Australian Government purchases Gulfstream G-550 and others
Old 6th Jan 2016, 12:50
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onetrack
 
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Indications are, it is TWO Gulfstreams - and the conversions won't be completed until the end of November 2017.

G550 contract suggests new Australian surveillance aircraft

Then - we find, we also have that wonderful Dept of Defence term, couched in the deal - "Undefinitized Contract".

What this means of course, is that we've handed over US$93M just to gut the interior - and the final bill could be $193M or $293M or $393M - depending on just how many invoices can be inflated to ballistic levels, to ensure the contractor can make ends meet - after all those corporate golf games times, and 50 new company Cadillacs are tacked onto the final invoice as "miscellaneous items".

Definition of Undefinitized Contract
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