Topic:"Accounting Standards" in M03413

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.

- (Cont'd) .1 Galvanized sheet steel having a zinc coating designation of Z275 on both sides in accordance with ASTM A653/A653M. - .2 Base steel nominal thickness (single span condition) of 0.76 mm. - .3 Grade 230, minimum yield strength o...

AI summary The text outlines specific material specifications for galvanized sheet steel, prefinished coatings, aluminum louvers, and interior wall and ceiling liner materials, including standards, thickness, and manufacturer requirements.

.7 Materials - .1 High tensile, hot dipped galvanized, bolts, nuts, washers: to CAN/CSA S16.1. - .2 Support insulators, station post type, coloured grey: to ANSIC29.9.

AI summary The materials section outlines specifications for high tensile, hot dipped galvanized bolts, nuts, and washers, as well as support insulators, station post type, coloured grey, referencing specific standards.

1.4 SUBMITTALS .2 (Cont'd) - (Cont'd) .2 The manufacturer shall furnish, with each circuit breaker assembly, a set of drawings complete with a bill of material and showing: typical front views and open side views as well as typical compone...

AI summary The document outlines requirements for the manufacturer to provide detailed drawings and schematics for circuit breaker assemblies, including bill of materials, anchor bolt plans, one-line diagrams, and wiring diagrams for review.

.4 Identifying Nameplate - .1 The Recloser assemblies shall be provided with one (1) nameplate, engraved on 3mm thick plastic lamicoid, with the Owner's numerical designation for the Power Transformer. - .2 The identifying nameplate shall...

AI summary The text specifies requirements for the identification and installation of nameplates on Recloser assemblies, including material standards and specifications for durability and visibility. It also outlines general material quality requirements for components in the package.

- IDENTIFICATION .1 The Revenue Metering Units and the Instrument Transformers shall be provided with an external nameplate securely fastened indicating the the following information: - .1 Manufacturer's Name - .2 Type - .3 Manufacturer's...

AI summary The document outlines specifications for revenue metering units and instrument transformers, including requirements for nameplates, materials, and warranty terms. It emphasizes the need for high-quality components, clear labeling, and a minimum two-year warranty against manufacturer defects.

- 1.2 RELATED .1 Section 01 10 00 General Requirements - .2 Section 26 05 00 Common Work Results Electrical - .3 Section 26 05 22 Connectors and Terminations - .4 Section 01 91 13 General Commissioning (Cx) Requirements - .5 Section 01 91...

AI summary This document outlines sections and references related to electrical requirements and standards, including CSA, IEEE, and NEMA standards, focusing on electrical codes, battery systems, and power systems for industrial and commercial applications.

3.2 TESTING AND .1 Overview COMMISSIONING .1 General - - .1 Perform tests in accordance with Section 26 05 00 - Common Work Results - Electrical and CSA-C813.1. - .2 The scheduling of all work shall be co-ordinated with Owner and Purchaser...

AI summary The document outlines procedures for testing and commissioning electrical systems, emphasizing compliance with standards and codes. It specifies that tests must be conducted according to CSA-C813.1 and other relevant standards, and that the Contractor is responsible for ensuring compliance and correcting any deficiencies identified during testing.

- .2 CSA Standards .1 C22.1-06 Canadian Electrical Code Part I .2 C22.3 Canadian Electrical Code Part III .3 Z462-08 Workplace Electrical Safety - .3 ANSI/IEEE Standards

AI summary The document outlines specific CSA and ANSI/IEEE standards relevant to electrical codes and workplace safety. It lists standards such as C22.1-06, C22.3, and Z462-08, which are important for compliance and safety in the electrical industry.

4.2 Rating Nameplates 4.2.1 All devices supplied shall include all information as required by the ruling CSA Standards on an external nameplate, including the following where applicable: - .1 Manufacturer's name. - .2 Manufacturer's catalo...

AI summary Section 4.2 outlines the requirements for external nameplates on devices, including manufacturer details, technical specifications, and compliance with CSA standards. Section 4.3 specifies requirements for identifying nameplates on STATCOM systems, including size, material, and placement.

breakers .4 ANSI/IEEE Standards .1 Std C63.16-1993 American National Standard Guide for Electrostatic Discharge Tests Methodologies and Criteria for Electronic Equipment. .2 Std 18-2002 IEEE Standard for Shunt Power Capacitors. .3 Std 519-...

AI summary The text lists various ANSI/IEEE standards related to electrical equipment and systems, including guidelines for electrostatic discharge tests, harmonic control, transformer requirements, and switchgear testing.

.1 9000: 2000 Quality Management - 1.1.2 Unless otherwise noted, CSA Standards shall be given precedence when and where conflicts arise. - 1.1.3 The final assembled product shall be certified by a nationally accredited certification agency...

AI summary This section outlines quality management requirements, emphasizing the precedence of CSA Standards and the need for certification by a nationally accredited agency in Canada.

2.2 Inverter - 2.2.1 The Inverter shall be tested in accordance with the applicable IEC EMC Directive standards and regulations (see Section 1.1.4 for reference). The tests shall include but not limited to the following: - .1 Board level t...

AI summary This section outlines the testing requirements for inverters and connection transformers, referencing specific standards such as IEC EMC Directive, C88-M90, and CSA C227.4. It details various tests including board-level, sub-assembly, and environmental stress screening tests for inverters, as well as a comprehensive list of tests for connection transformers.

9 IN-PLANT INSPECTION AND TESTING - 9.1 The Owner, Purchaser, Engineer, and/or their authorized agents shall have the privilege of inspecting and witnessing all testing at all times during the manufacture of the equipment or materials orde...

AI summary This section outlines the requirements for in-plant inspection and testing during equipment manufacturing, including the right to inspect, advance notice requirements, and the submission of test results to the Engineer.

4 MATERIALS - 4.1 All materials, components and parts comprising the package shall be new and of the highest quality and of current and readily available manufacture. Vendor shall clearly indicate the name of the manufacturer's catalog/ser...

AI summary The materials and components in the package must be new, high quality, and available for manufacture. Vendors must specify manufacturer details, quantities, and ratings for each component. Exposed surfaces and hardware must be corrosion-resistant.

CAN/CSA Standards .1 C227.4 Three-Phase Pad-Mounted Distribution Transformers with Separable Insulated High Voltage Connectors .2 C802.1 Minimum Efficiency Values for Liquid-Filled Distribution Transformers .3 C50-97 Insulating Oil, Electr...

AI summary This document lists various CAN/CSA and ANSI/IEEE standards relevant to electrical equipment and systems, including transformers, welding, and distribution enclosures. These standards are important for ensuring safety, efficiency, and compliance in electrical infrastructure.

1.6 Construction - 1.6.1 The tank shall be of welded, sheet-steel construction, free from distortion and suitable for permanent installation on flat concrete pad. - 1.6.2 All welding shall conform to the requirements of CSA W59. The welder...

AI summary This section outlines the construction requirements for a tank and transformer installation, emphasizing materials, welding standards, design features, and safety measures to ensure durability, accessibility, and compliance with industry standards.

- .8 Formwork: - .1 Forms: to CSA-A23.1, plywood and lumber, clean and free of loose knots, splits or metal. - .2 Form Ties: to CSA-A23.1, removable or snap-off metal ties, fixed or adjustable length. Form ties, tie wire, spacers or other...

AI summary The text outlines specifications for formwork and concrete mix, referencing various Canadian standards and testing methods. It details requirements for materials such as form ties, release agents, and curing compounds, as well as specifications for concrete mix proportions and air content.

Objectives To separately and fully account for the value of goods, services, financial and other support delivered to or from NSPI and its affiliates.

AI summary The objective is to separately and fully account for the value of goods, services, financial and other support delivered to or from NSPI and its affiliates.

Protocols - 7.1 NSPI shall report annually to the Board the following information: - (a) A detailed listing of all assets, services and products provided to and from NSPI and each of its affiliated companies. - (b) Each item on the listing...

AI summary NSPI is required to annually report detailed information on its affiliate transactions to the Board, including asset listings, pricing, cost allocations, and explanations of fair market value determinations. The Board also reserves the right to audit these transactions as needed.

Request IR-6: - Reference Appendix 4, Asset Purchase Agreement - a. Page 8 of 50, Section 4.1 Valuation - i. Please provide the fair market value of the assets as determined by the parties. Include any adjustments to valuation as covered b...

AI summary The document requests detailed information regarding the fair market value of assets, the valuation process, and development costs as outlined in the Asset Purchase Agreement. Specific attention is given to whether NSPI used independent parties for valuation and the documentation supporting these determinations.

Request IR-7: - Reference Appendix 4 (clause 5.1), Asset Purchase Agreement - Does this mean that NSPI may declare a different amount for tax purposes than the amount paid by it to purchase these assets and or the Board approved amount? If...

AI summary The text raises a question regarding whether NSPI may declare a different tax amount for asset purchases than the amount paid or the Board-approved amount, referencing Appendix 4, clause 5.1 of the Asset Purchase Agreement.

CODE OF CONDUCT NSPI is the principal operating subsidiary of Emera Inc. and wholly owned by it. Emera's business activities are not subject to regulation by the Board. In order to ensure that transactions NSPI enters into with affiliates...

AI summary NSPI, a subsidiary of Emera Inc., is required by the Board to adopt a Code of Conduct to ensure that transactions with affiliates benefit customers. The Code mandates fair market value pricing for exchanges with affiliates and requires Board approval for asset transfers between NSPI and affiliates.