AI-generated summary
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Nova Scotia Power filed a proposal outlining mandatory documentation requirements, U&U reporting procedures, and a 2010 project filing schedule in response to a Board directive from its 2010 ACE Plan order
AI summary
- In response to a May 11, 2010 Board Order in Matter P-128.10, Nova Scotia Power Inc submitted a proposal (Exhibit 04693) on June 30, 2010, addressing four directives related to improving the transparency and timeliness of future Capital Expenditures approval processes.
- Attachment 1 establishes tiered documentation requirements by project cost: projects between $250K–$1M require justification criteria and project descriptions; projects between $1M–$5M add milestone schedules, cost support, and engineering reports; projects exceeding $5M further require cost-benefit analyses, Economic Analysis Model and Levelized Cost Model results, procurement documentation, and stakeholder information.
- For Unforeseen and Unbudgeted (U&U) expenditures, NSPI proposes to include a quarterly report identifying new U&U projects with projected filing dates, status updates, and budget cost categories; projects exceeding $5M will be reported once approved by NSPI's Board of Directors.
- Attachment 2 provides a 2010 filing schedule listing approximately 30 capital work orders across Power Production, Transmission, Distribution, and General Property categories, with filing dates ranging from June 30 to October 29, 2010, and several projects deferred to 2011.
- NSPI noted it will propose amendments to future ACE Plan filings to reflect recent legislative changes raising the Board's capital approval threshold to items greater than $250,000, with further commentary on 2011 and future planning processes to follow in subsequent correspondence.
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What was filed
Documents filed on this day
- 04693 NSPI's Response to Board Directive in 2010 ACE Plan Order - to provide proposal for future ACE Plan filings 6/30/2010