What I can’t understand is the massive additional £ 695K that Marshall Aerospace required, where did all this extra money go to, I’m pretty sure it didn’t go on their engineers salaries!
The other point I would like to pick up on would be wether the overhaul by Marshall Aerospace was agreed at a fixed price or not, there should be no grey areas, the statement
‘because we set expectations with MA from day one that the project was in essence a fixed price one’.
This word essence, I would like to see how this was worded in the contract.
I currently run a small business and have learn’t from bitter experience to allow for the unforseen when we provide a quotations for jobs, This is common sense and I’m sure Marshall Aerospace would have done so within their original costings, its not as if the Vulcan is new type or some technological break through, its a known quantity that is relatively low tech.
Lastly, why were the additional costs paid so readily to MA, as a contractor I’m always paid after the completion of agreed stages, within additional items tagged on at completition, it appears to me that Marshall Aerospace are always one step ahead of the VOC.
The carrot and stick philosophy seems to have been reversed in this instance.
Septic.
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