N-1Redacted Work Order
8 passages
Cost Centre 304 - 304-Lingan 1&2 Prod. Unit Budget Version - UARB Submissions Forecast Start 05/01/2010 Operational 06/30/2010 Final Cost 08/20/2010 2010 $1,658,592.24 Total: $1,658,592.24 Original Cost: $0.00 The scope of work for this pr...
AI summary This document outlines the budget for Cost Centre 304, which involves inspecting, repairing, and replacing tubes, tube bends, and shields on Unit #1 boiler at Lingan 1&2. The forecasted cost for 2010 is $1,658,592.24.
Capital Item Accounts Acet Actv Account Activity Forecast Amount Amount Variance 094 094 - Interest Capitalized 10,336 0 10,336 095 095-Thermal & Hydro Contracts AO 90,086 0 90,086 095 095-Thermal Overtime Labour AO 651 0 651 095 095-Therm...
AI summary The document provides a detailed breakdown of capital item accounts, including interest capitalized, labor costs, materials, and contracts related to thermal and hydro operations. All entries show zero variance between forecasted and actual amounts, indicating that the costs are as expected.
Project: LlN1 - ATO - Boiler Refurbishment Item Descri~tion II II Rate ($/hrl II Q~ Cost Est II II Totals 1 Regular Plant Labor Plant Engineering $1,880 Mechanical Trades $3,200 Maintenance Supervision $2,520 Additional labor for extended...
AI summary The document provides a detailed cost breakdown for the LlN1 - ATO - Boiler Refurbishment project, including labor, materials, contracts, and additional charges. The total estimated cost for the project is approximately $1,658,592.
LIN1-Boiler Refurbishment Summary of Alternatives Budget Year: 20101 Date: 19-Jul-10 Division: Power Production CI Number: 38943 Department: Lingan Project No. : 1 Originator: 1 Alternative After T~x WACC PV of EVA / NPV Rank IRR Disc Pay...
AI summary The document presents a summary of alternatives for boiler refurbishment at the Lingan Power Plant. It evaluates the financial and operational impacts of refurbishing the boiler versus doing nothing, highlighting costs, net present value, internal rate of return, and potential unscheduled outages due to tube leaks.
Sunday, May 02, 2010 To Sunday, July 11, 2010 0100 - Labour AW1-0100 Supervisor AW1-0102 Foreman AW1-0200 Labourer AW1-0201 Safety Officer AW1-0202 Travel Time & Fares AW1-0203 Mobilization 1 Set-up AW1-0204 Assemble 1 Dismantle Scaffoldin...
AI summary The document presents a detailed breakdown of labor and supplier costs for a project, including various labor roles, equipment rentals, and expenses. It includes a summary of costs associated with different project activities and categories such as labor, outside suppliers, and capital equipment.
NSPI - 2010 Annual Capital Expenditure Plan (2010-2014) - P-128.09 NSPI Responses to UARB Information Requests
AI summary This document outlines Nova Scotia Power Inc.'s 2010 Annual Capital Expenditure Plan covering the years 2010 to 2014, in response to information requests from the Utility and Review Board.
REDACTED 1 Generation Responses 2 3 Request IR-G21: 4 5 With respect to page 52, CI# 38943, LlN1 - Boiler Refurbishment, 6 7 a) Provide a breakdown of the estimated $501,583 cost. 8 9 b) In order to better understand this work and the basi...
AI summary The document discusses a request for a breakdown of a boiler refurbishment cost and the rationale for capitalizing the expenditure. The response indicates that the cost breakdown includes materials, labor, and interest, but material and contract costs are confidential. The request also inquires about the threshold for classifying the work as a capital expenditure.
- 3 c) The items in this project scope are considered capital items as they are in compliance with - 4 NSPI's Accounting Policy, Section 6000- Capitalization of Costs.
AI summary The text references NSPI's Accounting Policy, Section 6000, which outlines the capitalization of costs for items in the project scope, indicating that these items are considered capital items.
N-2Responses to Information Requests (IR-1 to IR-8) 1/12/2011
5 passages
January 12, 2011 Nancy McNeil Regulatory Affairs Officer/Clerk Nova Scotia Utility and Review Board 1601 Lower Water Street, 3 rd Floor P.O. Box 1692, Unit "M" Halifax, NS B3J 3S3 Re: CI 38943 – Boiler Refurbishments - NSPI Information Req...
AI summary This letter from Lee Thomson-Lutz, Manager Capital, responds to information requests (IRs) related to boiler refurbishments by NSPI. Attachments 1 and 2 are marked confidential as they contain proprietary thermal maintenance practices. The Company emphasizes the need to protect these standards to maintain reliability of thermal generating assets.
Encl. 1 Request IR-1: 2 3 Please provide a copy of NSPI's Accounting Policy, Section 6000- Capitalization of Costs 4 5 Response IR-1: 6 7 Please refer to Attachment 1. CAPITALIZATION OF COST - 6000
AI summary The document includes a request for a copy of NSPI's Accounting Policy, specifically Section 6000 on the Capitalization of Costs, and a response directing the requester to refer to Attachment 1.
GENERAL 02 An expenditure must create a benefit having a life of more than one year to be considered capital. Annual fees or maintenance costs do not create an asset; they simply maintain the existing asset base and should be expensed annu...
AI summary The text discusses the criteria for classifying expenditures as capital, emphasizing that only those providing benefits beyond one year should be capitalized. It outlines factors such as extending asset life, increasing capacity, and reducing operating costs. Capital expenditures are recorded as assets and depreciated over their useful life, with guidance provided by regulatory bodies like the National Association of Regulatory Commissioners.
POLICIES 07 Expenditures meeting the criteria described in Paragraphs 02 and 03 create a benefit that will be realized by the Company beyond the current year. Accordingly, they should be capitalized. 08 Expenditures should not be capitaliz...
AI summary The document outlines criteria for capitalizing expenditures, stating that only those meeting specific conditions and providing benefits beyond the current year should be capitalized, while expenditures with uncertain benefits should not be capitalized.
PROCEDURES 09 Every expenditure must be classified as either capital or operating, and should be budgeted and accounted for accordingly. Operating costs are expensed in the year incurred, against the revenue earned in that period. The dete...
AI summary The document outlines procedures for classifying expenditures as capital or operating, emphasizing the importance of proper budgeting and accounting. Operating costs are expensed in the year incurred, while capital expenditures are tracked in the Annual Capital Expenditure Plan (ACE Plan) and recorded in specific accounting segments.