Topic:"Cost Considerations" in M03625

Why do this project this way? Half of NSPI's RTUs have reached the end of their useful life. It would be costly and time-consuming to replace all of those at once. By identifying enough RTUs to supplement the spares in inventory NSPI can f...

AI summary NSPI's RTU Replacement Program aims to balance replacing aging RTUs without excessive costs by using inventory spares. The current submission is $267,163 lower than the ACE 2010 budget due to lower material prices, reflecting cost considerations in capital expenditures.

38142 - RTU Replacement Program Account ACl= 2010 Current Submission Variance T&D Regular Labour - 001 170,000 128,167 (41,833) T&D Overtime Labour - 002 21,135 21,135 Travel Expense - 011 12,000 19,159 7,159 Materials - 012 377,500 181,21...

AI summary The RTU Replacement Program's financial table shows significant variances between allocated funds and actual expenditures, with major discrepancies in labor, materials, and software costs. Total variance is -$267,163, indicating under-spending in some categories and potential underfunding or reallocation needs.

NON-CONFIDENTIAL 1 Request IR-6: 2 3 Please provide the following information by station 4 5 (a) Estimated labor and material costs of the upgrades from ACE 2010 6 7 (b) Actual labor and material costs 8 9 (c) Variance and reasons for same...

AI summary The document includes a request for information regarding the estimated and actual labor and material costs of upgrades from the ACE 2010 program, along with the variance and reasons for it. A response is provided, referencing the 2010 RTU Replacement Program and its associated budget and actual costs.

NON-CONFIDENTIAL 1 Response IR-6: (cont'd) 2 3 The original material costs in ACE 2010 were $377,500. The revised estimate for 4 materials was $181,210 based on a new vendor quote. The actual material costs for the 5 RTU's was $115,625. Th...

AI summary NSPI reports reduced material and labor costs for RTU installations under ACE 2010 due to favorable pricing and deferred sites. Original material costs were $377,500, revised to $181,210, with actual costs at $115,625. Labour costs decreased from $182,000 to $137,071. NSPI seeks approval for the revised total of $512,974.