Topic:"Cost Deferral" in M12373

This project is being filed as a AACE Class 3 estimate. The defined deliverables for this project indicate that 90% of Class 3 deliverables are completed. AACE recommends applying between 10% and 30% contingency ito estimates in this class...

AI summary The project is classified as an AACE Class 3 estimate, with 90% of deliverables completed. A 10% contingency was selected to address risks like market volatility and potential additional scope during refurbishments.

CI # C0067908 POA Boiler Refractory Refurbishment 2025 $1,378,466 This capital item was included in NS Power's 2025 ACE Plan with a budget of $1,089,478, listed among the projects pending subsequent approval. In its submission, NS Power in...

AI summary NS Power requested $1.378 million for refractory refurbishment in its 2025 ACE Plan, citing increased material costs. The Board approved the request, acknowledging the project's necessity for boiler reliability and justifying the cost increase due to tariffs and market conditions. NS Power emphasized functional differences requiring specialized maintenance and deferred full replacements due to plant retirement plans.