Olmsted Locks & Dam Inland Waterways Users Board MR. DAVID DALE, SES, PE, PMP DIRECTOR, Programs Great Lakes and Ohio River Division 02 December 2015 US Army Corps of Engineers
Agenda Status Project Overview/BLUF Dam 2015 Plan to Complete Dam 2015 LWS Milestone Identification 2015 LWS Image Project Scorecard Capability Alignment Discussion LWS = Low Water Season 2
BLUF Bottom Line Up Front Capability funding stream continues to drive under budget ($65M) and ahead of schedule (approx. two years) performance. Early season High Water event schedule impact (approx. 45 day delay) mitigated by opportunistic management, additional resourcing, strategic planning and increased production. Capability funding allows the team to actively mitigate risk aka buy down cost and reducing schedule. 3
Olmsted Project Overview Fixed Weir Navigable Pass Foundation prep through NP9 complete 2015 LWS PB Nos. 5, 6, 7 & 8 set 2015 LWS Shells NP Nos. 3 & 4 set 2015 LWS Shell NP No. 5 pre-cast complete 2016 LWS Shell NP Nos. 6, 7, & 8 pre-cast in-progress Locks & Approach Walls Left Boat Abutment Design complete Foundation pile ordered Tainter Gates All (18 of 18) TG Shells set TG-1 and TG -2 erected TG-3,4,5 released for fabrication/expedited delivery Hydraulic machinery installation for TG- 1/TG-2 underway Operations Facilities Maintenance Bldg (2017) Lock Masters Bldg (2018) Resident Engineers Office Wicket Lifter Design underway (MDC) Estimated delivery (Dec/2017) Dam Access Road Completed Under Contract Future 4
2015 Plan to Complete 5
2015 LWS Milestones Scheduled Milestones Set NP #3-5 (of 12) - #3/#4 COMPLETE, #5 ON SCHED Set PB #5-8 (of 12) - COMPLETE Erect TG #2 (of 5) - COMPLETE Preparatory Milestones Install Grout Mat (thru NP #12/LBA) - ON SCHEDULE Drive Found Pile (thru NP #8) - COMPLETE Drive M/S Pile (thru NP #8) - COMPLETE Stretch Goal Milestones Set NP #6 (of 12) Drive Left Boat Abutment (LBA) Foundation Piling PB-5 PB-6 PB-7 PB-8 NP-3 NP-4 NP-5 TG-2 Legend FINAL (FY15) ($213M) 10 Jun 29 Jul 14 Aug 31 Aug 10 Oct 03 Nov 9 Dec 01 Oct * Milestone complete LP Lower Pier TG Tainter Gate SB Service Bridge GM Grout Mat FP Foundation Pile M/S Master/Sheet RBA Right Boat Abutment LBA Left Boat Abutment PB Paving Block NP Nav Pass Shell (Monolith) 6
2015 LWS Image 22 October 2015 7
Olmsted Project Time and Cost Scorecard Sept 2015 TEP in Billions Expenditures Planned (BCWS) $2.040B Earned (BCWP) $2.000B Actual (ACWP) $2.047B BCWP: Reports the value (based on % complete) of the work performed to date. Target: Actual as compared to Planned: ( <1% = Green) (>1%and <3% = Yellow) and (>3% = Red) Olmsted Project TEP Trend 3.150 3.100 3.050 3.000 2.950 2.900 2.850 2.800 2.750 Jun-15 Jul-15 Aug-15 Sep-15 Jun-15 Jul-15 Aug-15 Sep-15 PACR w/risk 3.099 3.099 3.099 3.099 COE TEP 2.879 2.880 2.882 2.887 Schedule (PACR)/(Current) Project Complete Sep 2024/Mar 2022 Dam Operational Sep 2020/Oct 2018 Measures: Planned project completion and Dam contract operational dates Target: Green: Current = PACR-12 months Yellow: Current = PACR-11 months to PACR-7 months Red: Current = PACR-6 months to after PACR date Major Activity Schedule 8
$3,500,000,000 $3,300,000,000 PACR (Fully Funded) = $3.099B Olmsted L&D Project Earned Value Analysis (Based on DOD Gold Card) Sept 2015 Remaining Contingency = $212M Current COE Estimated TEP is $2.887B in March 2022 $3,100,000,000 $2,900,000,000 $2,700,000,000 $2,500,000,000 $2,300,000,000 $2,100,000,000 $1,900,000,000 $1,700,000,000 $1,500,000,000 2,060,000,000.00 2,010,000,000.00 1,960,000,000.00 1,910,000,000.00 1,860,000,000.00 Time Now Dam Operational Oct 2018 (Current working schedule) Sep-11 Jan-12 May-12 Sep-12 Jan-13 May-13 Sep-13 Jan-14 May-14 Sep-14 Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17 May-17 Sep-17 Jan-18 May-18 Sep-18 Jan-19 May-19 Sep-19 Jan-20 May-20 Sep-20 Jan-21 May-21 Sep-21 Jan-22 May-22 Sep-22 Jan-23 May-23 Sep-23 Jan-24 May-24 Sep-24 ACWP BCWP BCWS Olmsted Project Complete Mar 2022 (Current working schedule) Olmsted Project Complete Sept 2024 (PACR) 9
Capability Funding Alignment 10
In Summary Project cost (risk-informed) at completion is $65M under the fully funded $3.1B PACR Baseline Project completion schedule is 2 years ahead of the PACR baseline schedule, 2022 in lieu of 2024 Capability funding (FY16 - $268M) allows the team to actively mitigate risk aka buy down cost and reducing schedule. 11
Discussion 12
$3,200 Funding Analysis $3,000 Capability Funding: Dam Operational - 2018 Project Complete 2022 Tot Proj Cost: $3.04B $100M $75M $25M $2,800 $175M $125M $180M/yr in FY16: Dam Operational - 2020 Project Complete 2024 Tot Proj Cost: $3.17B $ Millions $2,600 $2,400 $2,200 $268M $225M PACR: Dam Operational - 2020 Project Complete 2024 Tot Proj Cost: $3.09B $225M/yr in FY16: Dam Operational - 2019 Project Complete 2023 Tot Proj Cost: $3.12B $213M $2,000 $1,800 2014 2015 (Capability Funding) 2016 2017 2018 ($180M/yr starting FY16) 2019 2020 ($225M/yr starting FY16) 2021 2022 2023 2024 PACR ($150M/yr starting 2012) 1 3