Topic:"Cost Considerations" in M12417

Contingency Statement Contingency for this project has been determined using a combination of internal subject matter expert judgement (professional engineers and field personnel) based on previous recloser and IntelliRupter install work a...

AI summary The contingency for the project is set at 15%, covering risks such as weather-related delays and unexpected material needs. This is based on internal expertise and nonbinding guidelines, and the project is classified as class 3.

The project is being filed as a AACE Class 3 estimate. The defined deliverables for this project indicate that 88% of Class 3 deliverables are completed. AACE recommends applying between 10% and 30% contingency to estimates in this class....

AI summary The project is classified as an AACE Class 3 estimate with 88% of deliverables completed. A 15% contingency was applied to account for risks like weather or logistics issues during installation.

Request IR-8: The "Contingency Statement" on page 3 of the application states that "Contingency for this project has been determined using a combination of internal subject matter expert judgement (professional engineers and field personne...

AI summary The application includes a contingency statement for a project, estimating a 15% contingency based on internal expert judgment and previous work. The contingency covers risks such as weather-related delays and potential material damage. The request asks whether onsite commissioning interruptions due to weather and site conditions are included in the contingency planning.