Topic:"Cost Considerations" in M12371

This project is being filed as an AACE Class 1 Estimate. The defined deliverables for this project indicate that 100% of Class 1 deliverables are complete. According to AACE Guidelines, a contingency value between 3% and 15% is recommended...

AI summary The project is filed as an AACE Class 1 Estimate with 100% of deliverables complete. A 15% contingency is applied to account for risks such as grading adjustments, material pricing volatility, and weather-related delays during the 2025 season.

1 Request IR-4: 1 Request IR-9: 2 3 With regard to all third-party costs on Page 3 of the application, including those in 4 Attachment 1. 5 6 (a) Please confirm whether the noted pricing is based on actual, competitive, tendered 7 prices f...

AI summary The document includes requests and responses related to third-party costs and budget variances. The response confirms that all third-party costs are subject to a competitive procurement process, ensuring transparency and alignment with regulatory obligations. A request for a budget breakdown table is also made, but the response indicates that a cyber incident is preventing the provision of this information.

Request IR-5: - Page 2 of the application states: "Following installation, surface runoff from the capped area will be monitored in accordance with the Department's regulatory standards. Upon verification that water quality meets the appli...

AI summary The document requests clarification on the verification and management of surface runoff water quality post-installation, including cost implications and responsibilities if water quality standards are not met.

Request IR-9: - With regard to all third-party costs on Page 3 of the application, including those in Attachment 1. - a) Please confirm whether the noted pricing is based on actual , competitive , tendered prices for the current project. -...

AI summary Request IR-9 asks NS Power to confirm whether third-party costs listed in the application are based on competitive pricing and to itemize and explain any non-competitive costs, along with justification to ratepayers.