Estimated Cost. The cost estimate (2018 U.S. dollars) for the Transmission Project is $479 million, including 30% contingency, consistent with the independent cost estimate used by the NYISO in the evaluation and selection and as documented in the AC Transmission Public Policy Transmission Planning Report, dated April 8, 2019. The estimated cost is not all inclusive and does not include, among other things, (i) the creation of the Xxx Xxxxxx Capacitor Bank Station to house the two new 135 MVAR 345 kV capacitor banks, (ii) the Rock Tavern to Sugarloaf component, (iii) the installation of two new 750 MVA 345 kV PARs at a new Dover station, (iv) real estate and land acquisition costs, facility acquisition and removal costs, and costs incurred as a result of the Connecting Transmission Owner(s) to the extent that the foregoing costs were not assumed in the NYISO’s evaluation and selection, and (v) project development costs incurred by the Developer prior to selection of the Transmission Project by the NYISO Board of Directors.
Appears in 4 contracts
Samples: Service Agreement, Service Agreement, Service Agreement
