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.


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