AI-generated summary
· Ir · unknown
Nova Scotia Power filed responses to three Board Information Requests regarding the TRE5 Superheater, Reheater and Boiler Upgrades capital project (CI #38724, P-128.10)
AI summary
- NSPI provided its Capital Expenditures Accounting Policy Section 6000 (Attachment 1), which defines capital assets as identifiable property, plant and equipment held for continuing use, and sets out criteria including extended service life, increased capacity, improved production quality, or reduced operating costs (IR-1).
- NSPI confirmed the TRE5 project conforms to Accounting Policy 6000 because the work has a service life greater than one year, extends the life of the existing asset, and improves the reliability of Unit #5 to the benefit of Nova Scotia Power Inc and its customers (IR-2, p. 1).
- NSPI confirmed that the $31,383 difference between the revised project budget of $796,383 and the $765,000 spent as of October 15, 2010 represented outstanding invoices; total project spending as of December 31, 2010 was $792,194, leaving $4,189 within the approved budget (IR-3, p. 1).
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What was filed
Documents filed on this day
- N-2 Responses to Information Requests 1/12/2011