Topic/Matter Intersection

Topic:"Accounting Standards" in M12550

Matter: To obtain a cost reasonableness review of NS Power - CI C0051815 – $5,959,515 - RTU Replacements Program – Phase 6, as outlined in Section 2.1 of the ACE 2025 decision (M12012)
3 passages 3 documents

Accounting Standards across all matters →

N-1RTU Work Order - Redacted 1 passage
Retirement Information:
Retirement Information: - Categorization of Retirement: Accounting Policy 6420 Retirement and Disposal of Capital Assets - Percentage of Asset Pool: 9.04%

AI summary The text provides information on the categorization of retirement under Accounting Policy 6420 and indicates that 9.04% of the asset pool is involved in retirement processes.

N-2NSPI (Midgard) RIR 1 to 14 - Redacted 1 passage
5 Labour AO Rates p. p. 40
5 Labour AO Rates 6 7 Eligible expenses are accumulated and allocated on the basis of capital labour as a 8 percentage of total labour, to determine the total eligible overhead costs to be capitalized, 9 as outlined in NS Power's NSEB-appr...

AI summary Eligible expenses are allocated based on capital labour as a percentage of total labour to calculate the total eligible overhead costs to be capitalized. NS Power uses its NSEB-approved Accounting Policy 6230 to determine the AO rate, adjusting overtime labour by 50% to account for overtime rates, with only 50% of overtime labour costs attracting administrative overhead.

100253Midgard (NSPI) IR 1 to 17 - WORD 1 passage
Section 4
1. Please provide the methodology used to develop the Class 3 Estimate. For example, is the estimate based on historical data or NSPI’s prior RTU replacement experience? 2. Please confirm if the methodology used to develop the Class 3 Esti...

AI summary The text contains a series of questions directed at Nova Scotia Power (NSP) regarding the methodology and contingency usage in RTU replacement projects across multiple phases. It seeks details on historical data usage, differences in methodology, contingency usage breakdowns, and productivity tracking and its impact on Phase 6 estimates.

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