1. Alan Grant OsC 30/4/2013 1 UK Project Finance & Schedule

2. Alan Grant OsC 30/4/2013 Overview Finance  September Position Presented last OsC  Feb Finance – submitted in Report  Budget for FY 2013/14  Forward look to complete step VI  Budget for FY 2013/14 Schedule  Installation to step IV 2

3. Alan Grant OsC 30/4/2013 MICE Finances - September 3 Income:- External Common Fund:- £147k TIARA - £45k EUCard:- Assumed same as last yr £45k Bring forward:- £100k Encumbrances:- £80k Negative Variance £87k Encumbrances to be invoiced FY 2012/13 to avoid carry over – mostly BPG Staff OTL bookings being monitored

4. Alan Grant OsC 30/4/2013 MICE Finance – Feb 2013 submitted in OsC Report 4 Assumptions  AFC#1 final payment not made  AFC#2 stage payment made  Encumbrances not included as receipting date passed at time of submitting  Additional £150k bring forward from EB declined as AFC#1 payment no longer required  Variance £4k

5. Alan Grant OsC 30/4/2013 Budget Setting for FY 2013/14 5 This budget has been revised downwards yet still allows delivery of all major items & infrastructure for step IV operation. Staff costs have been reduced in the following work packages:  Project management office  Hydrogen system  Operations & Analysis – management and systems experts Fixed costs reduced in the following:-  Hydrogen System  Operations & Analysis Options are being considered to reduce this overspend of 7.4%

6. Alan Grant OsC 30/4/2013 Budget for FY 2013/14 – Saving Option 1 6 Saving Option 1 Don’t build the new rack and control room  Disadvantages  Worked for some considerably time to get agreement from ISIS for this not to go forward this yr  Cooling Channel Control Racks will have to go behind North wall for step IV then re-routed to the new rack room for step VI. Effectively doing the electrical installation twice Staff costs have been reduced further in the following work packages:  Project management office  Hydrogen system This option reduces overspend to 1.9%

7. Alan Grant OsC 30/4/2013 7 Budget for FY 2013/14 – Saving Option 2 Saving Option 2 Cease work on RF work package – Plan to miss the TIARA milestone  Disadvantages  TIARA income of £35k this yr until end December to demonstrate RF power operational in MICE hall. Would not be able to use this income.  Damaged reputation of STFC Staff costs have been reduced further in the following work packages:  Project management office  Hydrogen system This option reduces overspend to 4.7%

8. Alan Grant OsC 30/4/2013 Forward Look Spend to Step VI 8 Work in progress to set 2013/14 budget Assumes flat cash allocation Some levelling still to do for 2017/18 onwards Proposed delivery of RFCC#2 will means an allocation will be needed in 2019/20

9. Alan Grant OsC 30/4/2013 Schedule Overview Base level schedule that is – racks are installed behind North wall. As a result of magnetic field mitigation issues we need infrastructure work to move compressors to west wall. all compressors installed on West Mezzanine – compressors not installed till Feb 2014. SS’s & Tracker’s assembled in R9 then moved to MICE Hall. Magnet training of SS begins after cooling channel is installed (this includes EMR, KL & TOF) 15 weeks total for all magnet training after cooling channel is installed. Step IV completion now - 19 th August 2014 Spectrometer Solenoids & Trackers, installed in series due to limited resources. No return yoke installation shielding considered at this point 9

10. Alan Grant OsC 30/4/2013 Pre Installation Work in R9 10 Carry out commissioning & mapping of AFC#2 in R9 Install Trackers in Spectrometer Solenoids in R9 Tracker installations carried out in series due to limited resources More space available Less risk of damage with on going infrastructure work in MICE Hall

11. Alan Grant OsC 30/4/2013 Mechanical Integration Work in Hall 11 Relocating compressors to West Wall involves a lot of work  Mezzanine structure, services, supports Means we need to make other Hall modifications  South mezzanine air con, stairs, crane, existing west wall services New Rack Room & Control Room being considered, if agreed will not effect the completion date for step IV

12. Alan Grant OsC 30/4/2013 Electrical Installation Work 12 Cable termination work for racks & SS begins after SS installed in MICE Hall. Rack controls and commissioning required before magnet training.

13. Alan Grant OsC 30/4/2013 Step IV Installation 13 Magnet training of SS begins after cooling channel is installed (this includes EMR, KL & TOF) 15 weeks total for all magnet training after cooling channel is installed. Step IV completion now - 19 th August 2014 No return yoke installation shielding considered at this point

14. Alan Grant OsC 30/4/2013 Step IV Critical Path 14 As part of the stray-field mitigation exercise, a mezzanine to support the compressors will be constructed at the west end of the Hall The implementation of the new infrastructure and the necessary modifications to other structures and services in the Hall forms the critical path