Cost Estimate for Interconnection Substation Portion of Network Upgrades Sample Clauses

Cost Estimate for Interconnection Substation Portion of Network Upgrades. The cost estimate of the Interconnection Substation portion of Transmission Owner’s Network Upgrades is: Material (equipment, foundations, etc.) $5,065,000 Transmission Owner’s Labor (engineering & construction) $ 490,000 Consultant Engineering $ 540,000 Contractor Construction $5,200,000 General & Administrative $ 520,000 AFUDC – Note 2 $ 475,000 Total Cost $12,290,000 Note 2: Allowance for Funds Used During Construction (“AFUDC”) shall apply unless the Interconnection Customer pre-pays, or pays monthly, the cost of the Transmission Owner Interconnection Facilities. Assumptions used in developing the above cost estimate include:  The estimate is in 2014 dollars.  The estimate assumes that labor, material and equipment prices will not significantly change from the time of the estimate to the time of construction.  Protective relaying is included in the cost estimates, but not shown on the drawing.  Communication systems are included, but not shown on the drawings. Most of the required communications will be via leased lines or microwave.
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Related to Cost Estimate for Interconnection Substation Portion of Network Upgrades

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