STATEMENT OF COSTS AND FINAL PRICE REVISION PROPOSAL

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP89B00487R000300620015-9
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 2
• Document Creation Date: December 22, 2016
• Document Release Date: July 6, 2011
• Sequence Number: 15
• Publication Date: June 10, 1959
• Content Type: MEMO

Sanitized Copy Approved for Release 2011/07/06: CIA-RDP89B00487R000300620015-9
'b P'0- I ex
A COPY / OF
June 10, 1959
To: Contracting Officer, SP-1919
Subject: Statement of Costs and Final Price Revision Proposal
Reference: Our letter dated 25 May 1959
In discussions here 3 June 1959, certain questions
concerning scope of work remaining to be completed were
resolved. This results in the deletion of 140,500 fro*
the Estimate to Complete in the referenced proposal.
Consequently, a revised cost statement is enclosed
herewith reflecting that reduction.
Very truly yours,
Sanitized Copy Approved for Release 2011/07/06: CIA-RDP89B00487R000300620015-9
 Sanitized Copy Approved for Release 2011/07/06: CIA-RDP89B00487R000300620015-9
4J; 1J- Y U 1C~,~,S /
Contract SP-1919
Revised Final Cost Statement
Costs
Recorded
thru 5/3/59
Labor
$ 525,528
Overhead
474,169
Material and Other Direct Costs
193,180
Contract and Administrative Expense
119,938
Total Costs
$1,312,812
Estimate
to
Complete Total
$ 10,811 $ 536,339
7,607 481,776
115,752 308,932
$136,
Original Contract Price
Cost
ProfL%
Original five (5) ship contract
$1,631,085
$154,,T5
Two-man IR Mod. Ship #394
205,48o
19,520
$1,836,565
1
Revised Final Price Revision Proposal
Total Contract Costs (per above)
Profit
Total Proposed Final Price
Net Reduction in Contract Price
$1,449,015
174,?475
,7 ,040
225,000
$22011,040
$1,623,490
387,550
F
inent Data
Overhead Rates Used in Above Costs
1958 (Rate negotiated at Dayton in April 1959)
Engineering
Factory
C & A
$2.7337
3.5577
.688
1959 (Same rate negotiated for SP-1918
Engineering
Factory
C & A
Direct Labor Hours
$2.96
3.87
.79
1958
1959
Reco?ded
to 5/3/59
Engineering
127,075.0
36,620.3
Factory
-537.3
580.2
Total
131,612.3
37,200.5
Estimated to
Complete Total
2,570.0 1 7,_2T5 .3
5,117.5
2,570.0 171,382.8
Sanitized Copy Approved for Release 2011/07/06: CIA-RDP89B00487R000300620015-9