Spreadsheet: 478260d1472711419-trying-to-fit-all-the-informtaion-into-1-page-book2
Sheet: 1. COT to LOD - AGGS

 | Project Name |  |  |  |  | COT to LOD - Aggregates
 | Overall Status |  |  |  |  | Financial |  |  |  | Schedule |  |  |  | Staffing |  |  |  | Technical |  |  |  | Bus Align |  |  |  |  |  |  | Project Number
 | 1.2 |  |  |  |  | 1 |  |  |  | 2 |  |  |  | 1 |  |  |  | 1 |  |  |  | 1 |  |  |  |  |  |  | BU Unit/BPO stream |  |  |  |  | COT to LOD - Aggregates
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Date of Report |  |  |  |  | 2016-08-24 00:00:00
 | Project Manager |  |  |  |  | [NAME]
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Timeline - Date of Implementation/Commissioning
 | Project Mission, Business Scope & Objective |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Planned |  |  |  |  |  |  | Forecast
 | To reduce Company owned trucks in Aggregates through natural attrition. |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2016-12-31 00:00:00 |  |  |  |  |  |  | 2016-12-31 00:00:00
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Financial Summary [kAUD] - Benefits
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Target |  |  | Actual |  |  | Forecast
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | FY 2016
 | Risks & Potential Impacts / Steering Committee support required |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | FY 2015
 | Selling large number of assets into the open but limited market could drive prices down. |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Project
 | Drip feeding would be a potential mitigation for this provided we can still meet time deadlines.
 | To ensure we maximise opportunities we need to introduce a standarised contract for the business as a whole with this process
 | Potential for industrial action in Aggs NSW rising based on rumours in the market. Needs careful management.
 | There may be a risk that we cannot attract the interest of enough contractors at competitive rates
 | Key Activities this period |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Dates
 | ID | Task |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | % Complete |  |  | Planned |  |  | Actual |  |  | Comments
 | 1 | Actual sale of COTs at 54 units with a remaining 11 parked awaiting divestment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  | Dec 16 |  |  | Dec 16
 | 2 | Reserve pricing has been removed on assets that have not sold after an extended timeframe. |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  | Dec 16 |  |  | Dec 16
 | 3 | Aggregates position continues to outsource only when supported by commercial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  | Dec 16 |  |  | Dec 16 |  |  | At this point in time we will not be outsourcing COTs through redundancy, but will continue to transition to MTO's through natural attrition of company drivers
 |  | analysis that provides an EBITDA positive position.
 | 4 | 73 Letters of Intent issued to MTO's in SYD for standardised cartage agreements |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  | Jul 16 |  |  | Jul 16
 | Key Planned Items next period
 | ID | Task |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Planned |  |  | Comments
 | 1 | [NAME] contract approval |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Ongoing |  |  | This will be ongoing; one region at a time and then incrementally increasing where supported by relevant analysis
 | 2 | Continue to develop revised communication strategy in conjunction with Concrete and |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Ongoing
 |  | communicate plan to relevant stakeholders
 | 3 | Sale of 11 units parked for divestment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Ongoing |  |  | If sale of asset doesn't eventuate, this may result in asset being scrapped