Tank waste remediation system retrieval and disposal mission -- Phase 1: Financial analysis

In Section 1.0, an overview of the Financial Analysis was provided and summarized in Table 1 for both the Retrieval and Disposal program and the TWRS project life cycle. A table recaps the pre-Phase 1B analysis budget requirements as discussed in previous sections. Another table in this section shows a similar build-up of costs and the impact of proposed offsets and increases to the pre-Phase 1B analysis. The issues concerning the increased requirements in FY 1998/1999 and the recommended adjustments were discussed. The Phase 1B Program as recommended is achievable. Specific recommendations are as follows: (a) Adopt the revised project baseline as presented in the cited tables; (b) Incorporate the $248.5 million in allowances for risk into the baseline; (c) Develop detailed action plans to realize the costs reduction opportunities; (d) Incorporate site indirect and benefits reduction rates into baseline; (e) Delay non-critical path scope which can be moved beyond FY 1999, as indicated: and (f) Renegotiate the Tri-Party Agreement milestones associated with the current compliance unfunded list for FY 1998.