Topic:"Cost Considerations" in M12420

Contingency Statement: Contingency for this project was determined using a combination of internal subject matter expert judgement (professional engineers and third-party consultants) and the non-binding contingency guidelines. Consistent...

AI summary The contingency for the project is set at 15%, determined through expert judgment and non-binding guidelines. This is a Class 3 estimate, with risks related to unknown concrete refurbishment scope until the steel structure is removed.

Note 2: Small differences in totals are attributable to rounding. Regular Labour Electrician PD 20 403 $ 8,066 $ Engineering PD 30 457 $ 13,706 $ Maintenance Trades PD 80 411 $ 32,847 $ Utilityworker PD 80 286 $ 22,879 $ Sub-Tota $ 77,499...

AI summary The document provides a detailed breakdown of costs related to labor, materials, contracts, consulting, meals, and other goods and services for a project, including totals and subtotals for various categories such as regular labor, overtime labor, term labor, and materials. It also includes contingency costs and interest capitalized.

This project is being filed as a AACE Class 3 estimate. The defined deliverables for this project indicate that 92% 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 92% of deliverables completed. A 15% contingency was selected to account for risks, particularly related to undetermined concrete repair work after steel structure removal.

Commercial Information Items 1-4: Partial confidentiality was applied to costs associated with materials, contracts, consulting, and salvage details provided in the capital work order(s). To protect value for customers and mitigate the ris...

AI summary NS Power argues that keeping certain cost details confidential protects customer interests by preventing competitors from gaining an advantage and ensuring competitive pricing. The information relates to materials, contracts, consulting, and salvage costs from capital work orders, and maintaining confidentiality helps NS Power secure the best terms for services and equipment.

Request IR-3: - a) In the application NS Power states that two design alternatives were evaluated. Please provide more detail on the life cycle cost comparison, including differences in maintenance, expected service life, and resilience to...

AI summary Request IR-3 asks NS Power to provide detailed information on the life cycle cost comparison of two design alternatives, including maintenance, service life, and resilience to environmental factors, and to clarify how the 'more economical' option was determined.