Topic/Matter Intersection

Topic:"Cost Deferral" in M12418

Matter: Nova Scotia Power Inc. - CI 49036 – HYD - Avon 2 Controls Upgrade - $1,073,463

1 passage 1 document

N-1Application - CI 49036 - HYD Avon 2 Controls Upgrade - Redacted 1 passage

Preamble p. p. 8

This project is being filed as a AACE Class 3 estimate. The defined deliverables for this project indicate that 81% of Class 3 deliverables are completed. AACE recommends applying between 10% and 30% contingency to estimates in this class....

AI summary The project is filed as an AACE Class 3 estimate, with 81% of deliverables completed. A 20% contingency is applied to account for risks such as market volatility and potential refurbishment and overtime costs to ensure completion by Spring 2026.

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