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Topic/Matter Intersection

Topic:"Capacity Costs" in M12591

Matter: Nova Scotia Power Inc. - CI C0032664 – Energy Control Centre – Optimization Tools - $7,486,068
2 passages 1 document

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N-1Application 2 passages
Contingency Statement p. p. 1
Contingency Statement Contingency for this project has been determined using a combination of internal subject matter expertise (program managers), experience in managing projects that incorporate a high number of system-to-system interfac...

AI summary The contingency for the project is classified as a Class 1 estimate with a 2% contingency, based on internal expertise, project complexity, and integration risks between new and legacy systems.

Preamble p. p. 6
Consistent with the maturity matrix, this project is being filed as an AACE Class 1 estimate with a contingency of 2 percent based on the level of project completion. Contingency is intended to account for risks associated with unforeseen...

AI summary The project is classified as an AACE Class 1 estimate with a 2% contingency to address risks related to integrating new technology with legacy systems and potential issues arising from the complexity of system development.

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