Spreadsheet: benjamin_rogers__1192__test model from Erin
Sheet: ASSUM 2

DELMARVA PRELIMINARY CAPITAL BUDGET
PROJECT CAPITAL COSTS |  |  |  |  |  |  |  |  |  |  |  | Book |  |  | Tax
 |  |  |  | Total |  |  |  |  |  |  |  | Depreciation |  |  | Depreciation
Major Equipment |  |  |  |  |  |  |  |  |  |  |  | Category |  |  | Category
Equipment Costs |  |  |  | 124.665655348 |  |  |  |  |  |  |  | 1 |  |  | 1 |  |  |  | 122.771467
Balance of EPC |  |  |  | 12.29173848685714 |  |  |  |  |  |  |  | 1 |  |  | 1
Other |  |  |  | 0 |  |  |  |  |  |  |  | 1 |  |  | 1 |  |  |  | 0
Other |  |  |  | 0 |  |  |  |  |  |  |  | 1 |  |  | 1 |  |  |  | 0
Duties on Equipment |  |  |  | 0 |  |  |  |  |  |  |  | 1 |  |  | 1 |  |  |  | 0
Total Major Equipment
Engineering / Construction
Other |  |  |  | 0 |  |  |  |  |  |  |  | 1 |  |  | 1
Other |  |  |  | 0 |  |  |  |  |  |  |  | 3 |  |  | 1
Other |  |  |  | 0 |  |  |  |  |  |  |  | 3 |  |  | 1
Other |  |  |  | 0 |  |  |  |  |  |  |  | 3 |  |  | 1
Other |  |  |  | 0 |  |  |  |  |  |  |  | 3 |  |  | 1
Other |  |  |  | 0 |  |  |  |  |  |  |  | 1 |  |  | 1
Total Engineering / Construction
Other
Land |  |  |  | 0.25 |  |  |  |  |  |  |  | 0 | 0 |  | 0 | 0
Transmission Costs |  |  |  | 1.9 |  |  |  |  |  |  |  | 5 |  |  | 1
AES Development Cost Reimbursement |  |  |  | 1.217 |  |  |  |  |  |  |  | 3 |  |  | 4
Six Ring Bus |  |  |  | 3.128 |  |  |  |  |  |  |  | 3 |  |  | 1
Total Other
Soft Costs
Development Cost Budget |  |  |  | 2.3 |  |  |  |  |  |  |  | 6 |  |  | 4
Construction Over-site budget |  | 68 | (000's/mo) |  |  |  |  |  |  |  |  | 6 |  |  | 4
Other |  |  |  | 0 |  |  |  |  |  |  |  | 6 |  |  | 4
Other |  |  |  | 0 |  |  |  |  |  |  |  | 6 |  |  | 4
Other |  |  |  | 0 |  |  |  |  |  |  |  | 6 |  |  | 4
Financing Fees |  |  |  |  |  |  |  |  |  |  |  | 6 |  |  | 4
Commitment Fees |  |  |  |  |  |  |  |  |  |  |  | 6 |  |  | 4
Other |  |  |  | 0 |  |  |  |  |  |  |  | 6 |  |  | 4
Spares and [NAME] |  |  |  | 1.5 |  |  |  |  |  |  |  | 6 |  |  | 4
Builders Risk Insurance |  | 0.003 | Of EPC K | 0.4108721815045714 |  |  |  |  |  |  |  | 6 |  |  | 4
O&M Mobilization |  |  |  | 0.8 |  |  |  |  |  |  |  | 6 |  |  | 4
Lender Legal |  |  |  | 1 |  |  |  |  |  |  |  | 6 |  |  | 4
Vehicles |  |  |  | 0.1 |  |  |  |  |  |  |  | 6 |  |  | 4
Document Recording Tax (State of VA tax) |  |  |  | 0.0075 |  |  |  |  |  |  |  | 6 |  |  | 4
Working Capital |  |  |  | 1.414246828185815 |  |  |  |  |  |  |  | 0 | 0 |  | 0 | 0
Other |  |  |  | 0 |  |  |  |  |  |  |  | 6 | 0 |  | 0 | 0
Debt Reserve |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 |  | 0 | 0
Other |  |  |  | 0 |  |  |  |  |  |  |  | 6 |  |  | 4
Environmental Impact Assessment |  |  |  | 0.05 |  |  |  |  |  |  |  | 6 |  |  | 4
Other |  |  |  | 0 |  |  |  |  |  |  |  | 6 |  |  | 4
Total Soft Costs
Contingency
 |  |  | 0.03 | 4.108721815045714 |  |  |  |  |  |  |  | 6 |  |  | 1
 |  |  |  | 0 |  |  |  |  |  |  |  | 6 |  |  | 1
 |  |  |  | 0.19485 |  |  |  |  |  |  |  | 6 |  |  | 1
 |  |  | 0.03 | 0.7184841302907117 |  |  |  |  |  |  |  | 6 |  |  | 4
Total Contingency
Interest During Construction |  |  |  |  |  |  |  |  |  |  |  | 1 |  |  | 1
 |  |  |  |  |  |  | MW's |  | All-in Cap Cost
TOTAL PROJECT COSTS |  |  |  |  |  |  | 310