Sailingfun is talking about total book cost being >5% over DL's...not just pay rates.
Every word in the UPA increases / decrease the total manpower required. Management does not care what makes up the top line cost of the UPA (manpower, rates, etc), just that it is near parity to DL. The question is, is the company's offer magnitudes less than DLs or is our ask magnitudes more?