Spreadsheet: louise_kitchen__22777__Eletrobolt Cost Summary 10-30-2001
Sheet: Report

Eletrobolt Project
Weekly Update - November 30, 2001
Budget
Line Item | Budget Amount | Actual Amount | Current Estimate to Complete | Total Project Costs | [NAME] | Comments
Turbines and Turbine Financing Costs | 120950231 | 120950231 | 0 | 120950231 | 0
Auxiliary Equipment + Option Payment | 14284645 | 15757205 | 1834904 | 17592109 | -3307464 | TDI 1.5 MM + Stacks 1.1MM
TURBINES | 135234876 | 136707436 | 1834904 | 138542340 | -3307464
Substation | 6400000 | 5338063.84 | 4496230.16 | 9834294 | -3434294 | Exchange error in Dash $3.3 MM
Water Facilities | 2045000 | 51854.04 | 1929891.96 | 1981746 | 63254 | Nepco Control Budget higher than DASH
Electrical and Instrumentation Equipment | 3965000 | 3316668.13 | 2609682.87 | 5926351 | -1961351 | Nepco Control Budget higher than DASH
Compression Station | 4000000 | 3076707.76 | 1167578.24 | 4244286 | -244286 | Nepco Control Budget lower than DASH
Other Equipment and Shipping | 4250000 | 970230 | 4165749 | 5135979 | -885979 | Added environmental monitoring and inter-ties
BOP EQUIPMENT | 20660000 | 12753523.77 | 14369132.23 | 27122656 | -6462656
Site Preparation | 3000000 | 3563298.38 | 3800717.82 | 7364016.2 | -4364016.2 | [NAME] MM
Water Intake Construction | 2000000 | 177978.76 | 1122384.24 | 1300363 | 699637
Roads and [NAME] | 500000 | 127782.34 | 533903.66 | 661686 | -161686
Environmental Monitoring Station | 250000 | 0 | 250000 | 250000 | 0
General Civil Contract | 6000000
Mechanical & Piping + Compr. construction | 13605264
Electrical & Instrumentation | 5625920
Total - Premont Contract | 25231184 | 10495001.04 | 15609553.16 | 26104554.2 | -873370.1999999993
Start-Up Commissioning/Other | 1900000 | 13743.75 | 2940158.25 | 2953902 | -1053902 | Trends: Demin support and temporary power and est. errors.
CONSTRUCTION | 32881184 | 14377804.27 | 24256717.13 | 38634521.40000001 | -5753337.399999999
ENGINEERING | 4053005 | 4053000 | 0 | 4053000 | 5
PROJECT MANAGEMENT | 2301806 | 2302501.85 | 24275.14999999991 | 2326777 | -24971
CONSTRUCTION MANAGEMENT | 4637082 | 3643787.83 | 1030966.17 | 4674754 | -37672
SUB-TOTAL FOR EPC (without Taxes) | 199767953 | 173838053.72 | 41515994.68 | 215354048.4 | -15586095.4
EPC TAXES | 20525119 | 9194747.26 | 4597252.74 | 13792000 | 6733119 | Previously not assuming "Grupo Eletrogeneo" tax treatment
SUB-TOTAL FOR EPC (with Taxes) | 220293072 | 183032800.98 | 46113247.42 | 229146048.4 | -8852976.399999999
OPERATIONS & MAINTENANCE MOBILIZATION | 6810231 | 1253518.54 | 3500000.46 | 4753519 | 2056712 | [NAME], [NAME], Site, Security, Fencing, Training.
 |  |  |  | 0
SPARE PARTS | 2443160 | 1740273.64 | 702886.36 | 2443160 | 0
 |  |  |  | 0
Interest During Construction | 23189951 | 623500 | 13323529.41176471 | 13947029.41176471 | 9242921.588235294 | Previously assuming higher interest rate (10.5%)
Financing Fees and Expenses | 9512372 | 4939400.385430321 | 6980099.614569679 | 11919500 | -2407128
FINANCING COSTS | 32702323 | 5562900.385430321 | 20303629.02633438 | 25866529.4117647 | 6835793.588235294
LEGAL/DEVELOPMENT COSTS | 3843333 | 7165436.1 | 1212285.11 | 8377721.209999999 | -4534388.21
LAND | 2500000 | 2182581.69 | 0 | 2182581.69 | 317418.31
OTHER COSTS | 3099881 | 2067226.28 | 3205289.34 | 5272515.62 | -2172634.62 | $2.5MM - NPV of compensation projects
CONTINGENCY | 10300000 | 0 | 4000000 | 4000000 | 6300000
TOTAL PROJECT | 281992000 | 203004737.6154303 | 79037337.71633439 | 282042075.3317647 | -50075.33176470175
 |  |  |  |  |  |  |  | 2000-11-01 00:00:00 | 2000-12-01 00:00:00 | 2001-01-01 00:00:00 | 2001-02-01 00:00:00 | 2001-03-01 00:00:00 | 2001-04-01 00:00:00 | 2001-05-01 00:00:00 | 2001-06-01 00:00:00 | 2001-07-01 00:00:00 | 2001-08-01 00:00:00 | 2001-09-01 00:00:00
 |  |  |  |  |  |  | Original Drawdown Schedule (Economic model - $MM) | 128.7306049336673 | 134.6447404648921 | 161.4448000482174 | 180.7650119366095 | 211.049627772887 | 220.1803087879801 | 258.8697711115929 | 266.3141553058148 | 274.3018579210383 | 281.4654994791838 | 291.0494896824898
 |  |  |  |  |  |  | Actual [NAME] ($[NAME])