Topic:"Cost Considerations" in M03515

Why do this project this way? It has been determined that the best approach to reduce outages caused by cutout failures is to focus on prioritized feeders (as opposed to targeting specific cutout replacements across a number of feeders). T...

AI summary The project prioritizes feeders over specific cutout replacements to reduce outages, with contract work handled by an affiliate. Expenditure variance arises from NSPI labor use increasing overheads and interest, offset by lower contract costs. The 2009 Cutout Replacements Project (CI 35882-0250) is referenced.

35882-0250 2009 Cutout Replacements Account Approved Amount Current Submission Variance Regular Labour (No AO) 001 - 14,952 14,952 T&D Regular Labour 001 - 50,234 50,234 T&D Overtime Labour 002 - 1,605 1,605 Travel Expense 011 - 394 394 Ma...

AI summary The table presents variances between approved amounts and current submissions for the 2009 Cutout Replacements project, showing overruns in materials and capitalized interest, under-spending in COPS contracts, and other labor/expense line items. A note explains discrepancies between totals and another page due to internal charge transfers within the project.

NSPI - Request for final cost approval for CI# 35882 - 2009 Cutout Replacements - P-509 The Board has reviewed Nova Scotia Power Inc.'s ("NSPI") letter dated September 2, 2010 requesting Board approval for the following final cost work ord...

AI summary Nova Scotia Power Inc. (NSPI) requested approval for a $132,458 increase in the final cost of CI#35882 (2009 Cutout Replacements), citing higher direct labor, overheads, extended construction interest costs, and reduced contracted costs. The Board originally approved the project in 2009 for $1,510,053 and now confirms approval for the increased amount of $1,642,511.

NSPI - Request for final cost approval for CI# 35882 - 2009 Cutout Replacements - P-509 The Board has reviewed Nova Scotia Power Inc.'s ("NSPI") letter dated September 2, 2010 requesting Board approval for the following final cost work ord...

AI summary Nova Scotia Power Inc. (NSPI) requested final cost approval for CI#35882 - 2009 Cutout Replacements, seeking an increase from $1,510,053 to $1,642,511. The Board approved the variance, citing additional direct labour, overheads, extended construction time, and reduced contracted costs as justifications.