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Government Operations committee  I think it's hard to answer this question without going back to basics about this contract. It's a cost-reimbursable incentive fee contract with a ceiling. There's a ceiling established for the delivery of the six ships. We are still working within the ceiling that has been estab

March 12th, 2020Committee meeting

André Fillion

Government Operations committee  The early.... The first, second and third of the 15 ships will still be in a stage where we're trying to learn about building them, and the base payment will evolve as we mature the construction processes and we'll go towards—

June 12th, 2019Committee meeting

André Fillion

Government Operations committee  It's earlier than that—three to four years from February 2019 in design, and then start of construction after that.

June 12th, 2019Committee meeting

André Fillion

Government Operations committee  The budget remains at $3.4 billion, and we're about to start negotiations for the construction contracts with the yard.

June 12th, 2019Committee meeting

André Fillion

Government Operations committee  It is being finalized, and again, back to the re—

June 12th, 2019Committee meeting

André Fillion

Government Operations committee  I said it is being.

June 12th, 2019Committee meeting

André Fillion

Government Operations committee  Again, going back to the resequencing question you had earlier for us, it was also about putting all efforts on the joint ship design work—getting it done so that we could start construction—and then spending more time on the offshore oceanic science vessel. All efforts are now o

June 12th, 2019Committee meeting

André Fillion

Government Operations committee  On the two different contexts—

June 12th, 2019Committee meeting

André Fillion

Government Operations committee  On the CSC, I think it's fair to say that the early ships will still be in the design and prototype kind of stage and that you can expect a base payment that will be more along the lines of time and materials, which is a typical approach internationally. As we mature—

June 12th, 2019Committee meeting

André Fillion

Government Operations committee  It's so that we can establish parameters that can allow us to go more into a performance-based contracting approach with incentive fees and, eventually, potentially even with a fixed price for the production line. This is an approach that is used—

June 12th, 2019Committee meeting

André Fillion

Government Operations committee  Correct. It has not been decided yet, but what I can say is that the early ships will have—

June 12th, 2019Committee meeting

André Fillion

Government Operations committee  Not the way we're tackling this issue. In fact, we are trying to mitigate risks to costs.

June 12th, 2019Committee meeting

André Fillion

June 12th, 2019Committee meeting

André Fillion

Government Operations committee  Do you want me to take this?

June 12th, 2019Committee meeting

André Fillion

Government Operations committee  First of all, I would like to say....

June 12th, 2019Committee meeting

André Fillion