Retirement Information: - Categorization of Retirement: Accounting Policy 6420 Retirement and Disposal of Capital Assets - Percentage of Asset Pool: 3.43%
AI summary The document outlines retirement information, including the categorization of retirement under Accounting Policy 6420 and the percentage of the asset pool at 3.43%.
NON-CONFIDENTIAL 1 Request IR-15: 2 3 Reference: NS Power states that costs for Administrative Overhead will increase by 4 $341,503, compared to an original budget of $72,085. 5 6 (a) Please provide a full breakdown of these costs. 7 8 (b)...
AI summary NS Power has requested an increase in administrative overhead costs for a project, citing a significant increase from the original budget. The response indicates that administrative overhead is calculated based on NSUARB-approved accounting policies and includes regular and overtime labour costs.
3.2.1 NS Power Submission - In response to IRs, NS Power indicated that $698,000 of the cost increases being applied for in the ATO are - the result of scope changes. [Table 6](#page-20-0) provides a detailed breakdown of the $698,000 incr...
AI summary NS Power explains that $698,000 of the cost increases in the ATO application are due to scope changes, with a detailed breakdown provided in Table 6.
Response IR-23: - a) Inasmuch as Mi'kmaq observer costs can be considered to be a part of "archaeological costs" more - generally, yes, since Midgard has concluded in its report that archaeological costs were underestimated - in the 2019 A...
AI summary Midgard Consulting Inc. responds to information requests regarding the Ruth Falls Main Dam Refurbishment project. It addresses Mi'kmaq observer costs, stating they are part of archaeological costs but not directly linked to the Fisheries Act. Midgard also explains that the increase in AO rate from 39.29% to 77.70% is based on NS Power's adherence to NSUARB-approved accounting policies.
Board Findings The Board finds that NS Power has provided an adequate response to Midgard's recommendation about providing an update on the July 1, 2025, to July 21, 2025, construction window to construct access roads. No further direction...
AI summary The Board finds that NS Power adequately responded to Midgard's recommendations regarding the construction window and offsetting cost in its amended ATO application. The updated offsetting cost is based on a lower unit price provided by a proponent, so the Board does not require NS Power to adhere to the original $25/m2 estimate.
3. Reporting NSPI has alluded to a tight construction schedule, referring to its February 2025 application to the DFO, which is also referenced in the FAA. The FAA requires NSPI to submit a detailed construction schedule and monthly progre...
AI summary NSPI is required to submit detailed construction schedules and monthly progress updates to the DFO as part of its FAA. The Industrial Group recommends concurrent reporting to the Board and stakeholders, with quarterly or semi-annual spending updates. NSPI is also directed to manage its office reconstruction within the approved budget.
Board Findings The Board finds that NS Power has provided an adequate response to Midgard's recommendation about providing an update on the July 1, 2025, to July 21, 2025, construction window to construct access roads. No further direction...
AI summary The Board finds that NS Power has adequately addressed Midgard's recommendations regarding the construction window for access roads and the offsetting cost in its amended ATO application. The Board does not require further action on these items and acknowledges the updated cost estimate based on a proponent's lower unit cost.
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