Section 57.106. Construction progress reports

A utility which is involved or becomes involved in construction as defined by 66 Pa.C.S. § 515(d) (relating to construction cost of electric generating units), shall file quarterly construction reports with the Commission.

(1) Quarterly construction reports shall be based upon a calendar year quarter and be received by the Commission no later than 45 days after the end of a calendar year quarter.

(2) Quarterly construction reports shall provide a detailed schedule of construction and cost milestones and shall notify and explain an occurrence which causes a deviation from cost projections, including AFUDC, in excess of $5 million.

(3) The acceptance for filing of the quarterly reports by the Commission does not constitute an approval of cost or schedule changes.

(4) Unexplained inconsistencies or unexplained substantive changes in the construction progress reports or in the methods used to track progress and completion may be considered as evidence of management imprudence.

(5) The utility shall provide other documents or information concerning construction, as may be requested from time to time, by the auditor in charge.

The provisions of this § 57.106 adopted January 9, 1988, effective January 10, 1988, 18 Pa.B. 181.

Notation

Authority

The provisions of this § 57.106 issued under Public Utility Code,the Public Utility Code, 66 Pa.C.S. § § 501, 515, 1301 and 1308.