Topic:"2025 Ace Plan" in M12960

Reason for Variance The increase of $1,218,221 from the 2023 ACE Plan approved amount is due to higher costs of steel monopoles and foundations than originally budgeted in 2023. Updated engineering for the crossing design identified signif...

AI summary The increase of $1,218,221 in the 2023 ACE Plan is due to higher-than-budgeted costs for steel monopoles and foundations. NS Power coordinated with the Mersey Wind Interconnection Project to share costs, reducing the total increase to $848,833 by implementing a shared double-circuit crossing.

Authorization to Overspend (ATO) Capital Item(s) - CI C0052654 L5541 Water Crossing Upgrades $2,265,295 Original approval received in the 2023 ACE Plan for $1,047,074 ATO amount $1,218,221 $43,635 spent as at March 31, 2026 Non-Confidentia...

AI summary The document outlines three capital projects that have been authorized to overspend (ATO) under the 2023, 2024, and 2025 ACE Plans. Each project includes original approval amounts, ATO amounts, and current spending as of March 31, 2026. Progress on each project is also noted.