Topic/Matter Intersection

Topic:"Cost Deferral" in M12370

Matter: Nova Scotia Power Inc. - CI C0061003 – POA LP HP IP Turbine Refurbishment – $4,861,261

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N-1Application - Redacted 1 passage

Preamble

This project is being filed as an AACE Class 3 Estimate. The defined deliverables for this project indicate that 97% of Class 3 deliverables are complete. According to AACE Guidelines, a contingency value between 10% and 30% is recommended...

AI summary This document outlines a Class 3 estimate for a project, with 97% of deliverables complete. A 10% contingency is applied to account for risks such as component wear, inspection findings, market variability, and potential additional scope during refurbishment.

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