Topic:"Cost Considerations" in M12456

REDACTED CI C0074130 Page 3 of 11 REDACTED (CONFIDENTIAL INFORMATION REMOVED) Description Unit Quantity Ur nit Estimate Tot tal Estimate Cost Support Reference Completed Si Projects (FF - Regular L - _ 10.555 Electrician PD 125 $ 388 48,55...

AI summary The document contains a table with various cost estimates for projects and services, including labor costs for electricians, project management, engineering, and power line technicians, as well as material costs for underground conductors, wood poles, and submersible switches. The table also includes contingency costs, administrative overhead, and a total estimated cost of $4,403,113.

This project is being filed as a AACE Class 3 estimate. The defined deliverables for this project indicate that 85% 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 85% of deliverables completed. A 10% contingency was selected to address risks such as civil modifications, road restrictions by HRM, and potential installation complications.

Division : Energy Delivery Date : 28-Aug-25 Department : Distribution CI Number: C0074130 Project No. : Alternative After Tax WACC PV of Revenue Requirement PV of EVA / NPV Rank (based on PV of RR) IRR Disc Pay Α Underground 2025: NS Power...

AI summary The table presents different project alternatives with financial metrics such as after-tax WACC, PV of revenue requirement, PV of EVA/NPV, and IRR. The projects include underground infrastructure initiatives by NS Power and QEII, with rankings and financial performance indicators provided.

Project No. : Alternative After Tax WACC PV of Revenue Requirement PV of EVA / NPV Rank IRR Disc Pay A Underground 2025: NS Power + QEII 5.81% 3,657,851 -3,032,801 3 -8.62% 0.0 years B Underground 2027: NS Power 5.81% 4,427,665 -3,663,632...

AI summary The document presents a comparative analysis of different alternatives for an underground project, focusing on financial metrics such as After Tax WACC, PV of Revenue Requirement, PV of EVA/NPV, IRR, and Discounted Payback. The alternatives include Underground 2025: NS Power + QEII and Underground 2027: NS Power, with various variances on capital spend and avoided expenses. All alternatives show negative NPV and negative IRR, indicating poor financial viability.

2. PAYMENT NSPI agrees to pay PCL the applicable Contract Price (as defined in Schedule "A") when due in accordance with this MOU and in accordance with the pricing provisions specified in Schedule "A". Payment shall be made by cheque or m...

AI summary NSPI agrees to pay PCL the applicable Contract Price as outlined in Schedule 'A' upon receipt of invoices, with payment due within 35 days. Payments must be made in Canadian dollars, and all applicable taxes must be paid by NSPI in accordance with the law.

10. COSTS AND EXPENSES Each Party shall bear its own costs and expenses in connection with all matters relating to this MOU, including without limitation, the costs, and expenses of its legal and other professional advisors.

AI summary The document states that each party is responsible for bearing its own costs and expenses related to the Memorandum of Understanding, including legal and professional advisory costs.

NSPI Cost Portion = of Total Cost of Phase 2 Services Description $ Amount (CAD) Phase 2 Contract Price (ROM) Phase 2 Contract Price noted in Schedule A provides a rough order of magnitude (ROM) cost for the work. NSPI Cost Portion shall b...

AI summary The document outlines the NSPI Cost Portion of the Phase 2 Contract Price, which is based on actual costs incurred. If the contract price exceeds the rough order of magnitude (ROM), PCL must notify NSPI in advance.

NON-CONFIDENTIAL 1 Request IR-5: 2 3 Page 1 of the application states: "By leveraging existing construction and crew mobilization, 4 it is expected to result in savings of approximately $2 million compared to completing as a 5 standalone p...

AI summary NS Power estimates that leveraging existing construction and mobilization efforts with the QEII project would result in cost savings of approximately $2 million compared to completing the project as a standalone initiative. This estimate is based on shared costs and adjusted for inflation.

CI C0074130 – Robie Street Underground (NSEB M12456) NSPI Responses to NSEB Information Requests 1 • Avoided mobilization and demobilization costs 2 • Shared excavation, traffic control, and reinstatement 3 • Reduced administrative overhea...

AI summary The document outlines cost-saving benefits of completing the Robie Street Underground project concurrently with the QEII project, including avoided mobilization costs, shared excavation, and reduced administrative overhead. It also addresses the estimated 30-year life of the electrical infrastructure, which includes underground conductors and associated equipment.

REDACTED 1 Request IR-14: 2 3 With regards to page 8 of 10 of Attachment 1 of the application: 4 5 (a) Please identify which line items/work scopes are intended to solely serve the QEII. 6 7 (b) Please explain how the NS Power percentage c...

AI summary The response to IR-14 explains that costs for work solely serving the QEII were not included in the estimate, as only the company's portion of the cost share agreement was submitted. NS Power's cost share percentages are based on the additional capacity requested, such as doubling conduit capacity along Robie Street, leading to shared costs for material, labour, and other expenses.