Topic/Matter Intersection

Topic:"Accounting Policies" in M03413

Matter: CI# 39323; CI# 39626; CI# 39627; & CI# 39628 - P-128.10 - NSPI WO - (Digby Wind Project) Application for approval of capital work orders  in the amount of $82.8 million for the acquisition, construction and interconnection of the Digby Wind Farm Project
12 passages 5 documents

Accounting Policies across all matters →

N-2Redacted NSPI Response to CA IRs 3 passages
BID COMPARISON p. p. 13
21 however, was incorrectly posted to 001 Regular Labour (No AO). The $48 ($213 22.91%) in

AI summary The text indicates an error in the posting of a financial amount to the 001 Regular Labour account, with a calculation of $48 based on $213 and a percentage of 22.91%.

NON-CONFIDENTIAL p. p. 13
NON-CONFIDENTIAL 1 Request IR-6: 2 3 Please explain the nature of the "Thermal & Hydro Contracts AO" in Appendix 2. 4 5 (a) Please explain whether these costs are an allocation of NSPI overheads, EUS 6 overheads, or something else. 7 8 Res...

AI summary The document discusses the 'Thermal & Hydro Contracts AO,' which is an allocation of NSPI overheads at a rate of 6.55 percent on thermal and hydro contracts. The AO rate is derived from NSPI Accounting Policies 6230 and 6235, which were approved by the UARB in 1998 and updated as necessary.

1 p. p. 13
1 CI C A H a n d b o o k , 3 0 6 1 . 2 0 . APPLICATION OF ADMINISTRATIVE OVERHEAD (CONTRACTED ASSETS) - 6235

AI summary The document discusses the application of administrative overhead for contracted assets, referencing the Canadian Industry Handbook and a specific matter number, 6235.

N-3-(a)Redacted NSPI Response to UARB IR-1 to IR-12 (att 2) 1 passage
1 Request IR-6: p. p. 14
Construction costs associated with Digby Wind Project Paid by NSPI to 3240384 Nova Scotia Limited 1 Request IR-6: 2 3 Reference Appendix 4, Asset Purchase Agreement 4 5 (a) Page 8 of 50, Section 4.1 Valuation 6 7 (i) Please provide the fai...

AI summary The text outlines a request for information regarding the fair market value of assets and development costs associated with the Digby Wind Project, as determined by NSPI under the Asset Purchase Agreement. The request includes details on valuation processes, independent assessments, and the calculation of development costs.

N-3-(b)Redacted NSPI Response to UARB IR-12 (att 7-10) to IR-17 6 passages
Medium Congestion Zone p. p. 181
Medium Congestion Zone Column I Column II Column III Column IV Column V Column VI Column VII Column VIII Column IX Column X Column XI 25 the basis for the estimate including the specific years used for this 26 expenditure. 1 Request IR-16:...

AI summary The text contains a series of requests for detailed explanations and justifications related to financial and accounting calculations, including taxes, discount rates, capital charges, and the IRR computation. These requests are part of a regulatory proceeding involving Nova Scotia Power and Nova Scotia Power Inc.

Section 2068 p. p. 3
- 3.1 ERECTION .1 Do application and finishing of gypsum board in accordance with ASTM C840 except where specified otherwise. - .2 Install work level to tolerance of 1:1200. - .3 Frame with furring channels, perimeter of openings for acces...

AI summary The text outlines detailed specifications for the erection, application, and installation of gypsum board, including compliance with ASTM standards, installation tolerances, and fastening requirements.

Section 2345 p. p. 3
- .1 stantial completion of the work. - .2 (6) months following delivery to the Place of the Installation. - .2 Owner, through the Engineer, shall promptly give the Vendor notice in writing of observed defects and deficiencies that occur d...

AI summary The text outlines warranty obligations and factory test requirements for electrical equipment, including procedures for reporting defects, correcting issues, and assigning warranties. It also specifies testing standards for circuit breakers, current transformers, and bushings.

Section 2453 p. p. 3
- .2 CSA Standards - .1 C156.1, Ceramic and Glass Station Post Insulators - .2 G164, Hot Dipped Galvanized or Irregularly Shaped Articles - .3 W59, Welded Steel Construction (metal-ark welding) - .3 NEMA Standards - .1 Std. SG-6, Power Swi...

AI summary This document outlines the standards and submittal requirements for electrical components, including CSA, NEMA, ANSI/IEEE, and ISO standards, as well as specifications for operation and maintenance data and manufacturer drawings for disconnect switches.

Preamble p. p. 3
- (Cont'd) .1 9000: 2000, Quality Management - .6 Unless otherwise noted, CSA Standards shall be given precedence when and where conflicts arise. 1.4 SUBMITTALS .1 Submit shop drawings and product data in accordance with Section 01 10 00.

AI summary The text outlines requirements for submitting shop drawings and product data in accordance with Section 01 10 00, and emphasizes the precedence of CSA Standards in case of conflicts.

Section 2566 p. p. 3
- (Cont'd) .9 CSA T530-M90 Building Facilities Design Guidelines for Telecommunications - .3 American National Standards Institute (ANSI)/Institute of Electrical and Electronics Engineers (IEEE) - .1 ANSI/TIA/EIA 455-34 Interconnection Dev...

AI summary The text outlines standards and procedures for fiber optic cable installation and testing, referencing various industry and provincial guidelines, including those from ANSI/IEEE, BICSI, and manufacturer-specific standards. It also specifies the submission of operation and maintenance data and test results for review.

05500Information Requests IR-1 to IR-20 issued to NSPI by the Consumer Advocate 1 passage
NON-CONFIDENTIAL
NON-CONFIDENTIAL 1 Request IR-5: 2 3 Please explain the meaning of the abbreviation "COPS" in Appendix 2. 4 5 Request IR-6: 6 7 Please explain the nature of the "Thermal & Hydro Contracts AO" in Appendix 2. 8 9 a. overheads, or something e...

AI summary This document contains a series of requests related to the explanation of abbreviations, the nature and derivation of specific cost allocations, and the approval status of methods used in financial calculations for the Digby Wind Project and related projects. The requests focus on overhead allocations, cost computations, and regulatory approvals.

06180Rebuttal Submission - NSPI 1 passage
14 Transcript, page 198, lines 3-11.
14 Transcript, page 198, lines 3-11. NSPI, is compliant with the criteria set out in the Code of Conduct. Section 6.7 of the Code of Conduct states: NSPI will charge and be charged prices which reflect fair market value (FMV) for all nonre...

AI summary The document discusses NSPI's compliance with the Code of Conduct, specifically sections 6.7 and 6.8, which require fair market value pricing for affiliate transactions. EUS price is deemed to reflect FMV through comparisons with CBCL analysis and competitive tenders. The Avon Group argues that competitive solicitation is necessary, but the response clarifies that alternate methods are acceptable under the Code.

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