1 Table 18: Summary of Findings – Indirect Cost Allocation & Transparency Report Section Question Midgard Commentary 5.3 Are indirect cost components (including administrative overhead allocations, vehicle and travel loadings, and capitali...
AI summary The document discusses the transparency of indirect cost components, including administrative overhead, vehicle and travel loadings, and capitalized financing costs. It confirms that these components are calculated using transparent methodologies consistent with approved accounting policies, with measures such as a 50% reduction in overhead on overtime labour to minimize burden on ratepayers.