Life-cycle costing estimates
The Seven-Point Plan directed the Treasury Board Secretariat to commission an independent review of National Defence's acquisitions and sustainment project assumptions and potential costs for the F-35A and to make the report public. Following a competitive procurement process, KPMG was awarded the contract for the 2012 independent review.
Guided by Government of Canada policies and international best practices, KPMG designed a best-practices guide (the Framework) to inform the development of full life-cycle cost estimates for the Next Generation Fighter Capability program. KPMG's Framework is guided by the principles of accountability, transparency and consistency.
Raymond Chabot Grant Thornton was awarded the contract for the 2014 and 2013 independent review of National Defence's cost estimates related to the F-35. The purpose of this independent review was to ensure that the Framework developed by KPMG was appropriately applied by National Defence.
Reports
- Next Generation Fighter Capability 2014 Annual Update [2014-12-10]
- Independent Review: 2014 Department of National Defence Annual Update on Next Generation Fighter Capability Life Cycle Costs
- Next Generation Fighter Capability – 2013 Annual Update [2013-08-09]
- Independent Review: 2013 Department of National Defence Annual Update on Next Generation Fighter Capability Life Cycle Cost (Raymond Chabot Grant Thornton) [2013-08-09]
- Next Generation Fighter Capability – 2012 Annual Update [2012-12-12]
- Independent Review: Next Generation Fighter Capability: Life-Cycle Cost 2012 (KPMG) [2012-12-12]
- KPMG Framework and Independent Review of Cost Estimates for the F-35 [2012-12-12]
News releases
- Archived - National Fighter Procurement Secretariat releases updated F-35 costs through 2013 Annual Update [2013-08-09]
- Archived - National Fighter Procurement Secretariat awards contract for next independent cost review [2013-03-11]
- Archived - Work progresses on Harper Government's evaluation of options to replace Canada's CF-18 fleet [2013-02-14]
- Archived - National Fighter Procurement Secretariat awards contract to review costs for Next Generation Fighter Capability project [2012-09-07]
- Archived - National Fighter Procurement Secretariat to table Department of National Defence annual report in fall 2012 [2012-06-13]
Backgrounders
- Next Generation Fighter Capability - 2014 Annual Update: Comparison of cost estimates [2014-12]
- Next Generation Fighter Capability - 2013 Annual Update [2013-08-09]
- Next Generation Fighter Capability - Annual Update [2012-12-12]
- KPMG Framework and Independent Review of Cost Estimates for the F-35 [2012-12-12]
Frequently asked questions
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