If you'll notice...
If you look at the Rpeak vs the Rmax of all the other supercomputers in the Top 5, you'll notice that they are WAY closer to their Rpeak than the score for the VT Cluster is. For comparison the current Top 5 are at 87.5%, 67.7%, 69%, 59.4%, and 73.1% efficiency. In fact, in the Top 40, none of them go below 45% efficiency. The VT Cluster, given these numbers, is at 42% efficiency.
I'm willing to bet that this number comes from one of the first times they've run the benchmark on the cluster as a whole. They haven't shaken all the bugs out yet, and the certainly haven't optimized the benchmark for the cluster as a whole if this is true
Assuming the VT Cluster follows the trend of it's fellow super computers in the Top 40, it should perform at at least 7.92 Tflops once all the bugs are shaken out - and that is still less than 50% efficiency. If they can get efficiency to the level of the Top 5 computers, it should post over 10 Tflops. Personally, I think that they can easily move up to 3rd and score over 45% efficiency - 3% is well within the limits of optimizations.
The real question to ask is what other Super Computers have been built and are in the running for Top 5 spots this year...