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HomeMy WebLinkAboutBPMC Meeting - February 13, 1996 3OVERVIEW OF BRADLEY LAKE PROJECT AGREEMENTS Power Sales Agreement Executed 12/8/87 Purpose: To provide the legal framework for selling the power generated at the Bradley Lake Hydroelectric Project. Since there are several entities buying a fixed percentage share of the power and each has a "take-or-pay" obligation, the PSA created a Project Management Committee to oversee the scheduling of Project power, operation and maintenance of the facilities, budgeting and other Project-related tasks. The AEA retains ownership and has certain rights and responsibilities. Revenue from the sale of power is pledge to repay the debt service on the bonds issued by AEA and to pay the operating costs of the Project. Purchasers: Chugach, Golden Valley, AML&P, City of Seward, and AEG&T. AEG&T will purchase power for use by Homer and Matanuska. Term: Effective when executed and all approvals are in place (June 29, 1989). The PSA terminates 50 years after the Date of Commercial Operation, or when no bonds are outstanding and all payment obligations have been satisfied. The PSA may be renewed for additional 40 year terms for the useful life of the Project. Capacity Shares: The Purchasers divided the project capacity into the following percentage shares: Purchaser Percentage Share AEG&T (MEA 13.8%, HEA 12%) 25.8 Chugach 30.4 Golden Valley 16.9 AML&P 25.9 City of Seward 1.0 BPMC: The PSA created a Project Management Committee to oversee the coordinated operation of the Project. The BPMC is comprised of the AEA, and a representative of each of the Purchasers, including MEA and HEA as representatives of AEG&T. The Project Management Committee is responsible for the ongoing operation, maintenance, scheduling, production and dispatch of Project power. In doing so it must recognize the legal responsibilities of the AEA as owner and FERC license holder of the Project. A critical responsibility each year is adopting a budget covering "necessary and prudent" project costs for the ensuing year. In additi PMC determines how to fund renewals and replacements for 1 equipment that deteriorates from ordinary or extraordinary wear and tear. Other duties include determining whether to proceed with non-essential additions and how to pay for them, setting up dispute resolution processes, determining insurance coverage consistent with Bond Resolution requirements, adopting maintenance schedules, adopting and implementing reserve procedures for Project power reserves. If the PMC fails to act in a manner consistent with the Bond Resolution regarding the adoption of a budget or related payment obligations of the purchasers or meeting AEA’s legal obligations 90 days prior to a Fiscal Year, AEA can adopt a budget effective for setting purchasers payment obligations. Annual Costs: Each year, the BPMC adopts a budget setting out the annual costs for ownership, operation, maintenance, and any renewals and replacements to the Project, and payment into the funds established by the bond resolution. Annual Project Costs are the costs resulting from the ownership, operation, maintenance of and renewals and replacements to the Project, properly incurred or paid during each Fiscal Year. Annual Costs include: v Amounts required for debt service on any outstanding bonds; rv, Amounts required for reserve funds created by bond resolution; v Any required project work; v Costs of producing and delivering power including: * O&M; e Insurance; e AEA’s Project specific administrative and general costs; . Costs of BPMC; e Any individual utility cost to be reimbursed by the BPMC; and e Any other cost approved by the BPMC. Budget Process: The BPMC approves the annual budget by April 1, for the following fiscal year (which begins July 1). If the BPMC fails to adopt a budget, the AEA can adopt a budget consistent with the PSA and Bond Resolution. The Purchasers must pay until disputes are resolved. The annual budget is based on a 12-month fiscal year starting July 1. Budgeting is a cooperative practice. The AEA provides annual budget detail listing personnel requirements by work function, and estimated costs for materials, supplies, engineering and other costs. The AEA provides sufficient detail to allow the BPMC to make reasonable budget decisions. An annual audit is performed by qualified independent auditors selected by the BPMC, to be completed on or before the first day of December of each year. The primary purpose of the audit is to verify expenses. Take-or-Pay Obligation: Each Purchaser is responsible for its percentage share of annual Project costs for each fiscal year. Payments must be made even if the amount of Project power is interrupted or reduced. Parity Provision: Before a purchaser can enter into any new power purchase agreement with a term over 2 years or acquire a new resource it must have an opinion from an independent consultant that the acquisition will contribute to the efficient and economical operation of its system and that the acquisition will not impair its ability to raise revenues to pay Bradley Lake costs. Rate Recovery: The amounts owed by each Purchaser are operating expenses payable from "gross revenues". Each purchaser agrees to establish rates for its system that will provide sufficient revenues to cover its obligations for Bradley Lake power and its other system obligations. The purchaser agrees to operate and maintain its system in good repair, working order and condition. Purchasers Covenants: Each purchaser is obligated (1) to adopt rates and obtain any necessary approvals by the APUC to cover its obligations under the agreement, (2) use and operate its system in compliance with all laws, regulations and permits, (3) not abandon, sell, mortgage, lease or otherwise dispose of its system or assign its interest in the Agreement to any other entity unless (i) it meets the requirements of its own mortgages or bond resolutions, and (ii) the disposal agreed to by a majority of the PMC or is made to another member of the PMC or is limited to surplus assets that are less than 5% of its system or is evaluated by an independent consultant to provide equal or greater security than the purchaser. The purchasers cannot take any action that would cause the interest on Project Bonds to be taxable under the 1986 IRS code. Finally all parties are obligated to take "all necessary steps" to meet all legal requirements related to operation of the Project. Project Work/Additions: The AEA is responsible for all Required Project Work necessary to repair, maintain or make improvements required by federal or state law, as part of the FERC license, or as required by other regulatory agencies. Required Project Work includes work necessary to keep the Project in good and efficient operating condition consistent with sound economics and industry standards. The costs of Required Project Work will be included in the determination of annual Project costs. The BPMC can decide to pursue Optional Project Work by an affirmative vote of a majority of the Purchasers and the AEA. Optional Project Work shall be at the expense of the benefitted Purchaser(s) and shall include compensation to any adversely affected Purchaser(s). Bond Resolution Issued in 1989, 1990 Purpose: The Bond Resolutions provide the AEA with the authorization to sell Bonds necessary to fund the Bradley Lake Project. By the terms of the PSA, the Purchasers are bound to the 3 conditions of the two Resolutions. First Series: The First Series was issued September 1, 1989 for $105,001,142. The bonds were issued for the purpose of permanently financing some of the Bradley Lake construction costs by refunding a portion of the AEA’s Variable Rate Demand Bonds, which were issued in 1985. The bonds are secured under the AEA’s Power Revenue Bond Resolution by a pledge of the revenues received by the AEA from the operation of the Project. Second Series: The Second Series was issued July 15, 1990 for $60,259,015.10. These bonds were used, together with moneys available under the 1985 Indenture securing the Variable Rate Demand Bonds, to capitalize a portion of the interest on the Second Series Bonds, to make deposits to the Capital Reserve Fund, the Renewal and Contingency Reserve Fund, the Operating Reserve Account, and to pay certain costs of issuance of the Second Series Bonds. Funds Created: The Resolutions require that several funds be established including: v Construction Fund. To be applied to the cost of acquisition and construction of the Project. Vv; Debt Service Fund. To be used to pay out debt service and pay down the principal on the bonds. The AEA deposits amounts semiannually. v Capital Reserve Fund. If there is a deficiency in any payment of principal or interest, the Capital Reserve Fund will make good the deficiency. v Renewal and Contingency Reserve Fund. These amounts shall be applied to the costs of Capital Improvements, payment of extraordinary operation and maintenance costs, and contingencies, including prevention or correction of unusual loss or damage. Payments will be made only to the extent that insurance or other moneys are not available. v Excess Investment Earnings Fund. To preserve the tax status of the bonds, any excess funds will be transferred into this Fund. v Scheduled Maintenance Fund. Created by the second series bond sales as a option for funding maintenance, renewal, repair and rehabilitation of the Project. Payments are made upon authorization of the BPMC. Services Agreement Executed 12/8/87 Purpose: At the time the PSA was executed, the only way to deliver Project power to where it could be used by the Purchasers was to use Chugach’s transmission line that interconnects the Kenai Peninsula with the Anchorage area. Under the Agreement, Chugach agrees to transmit 4 Project power on its facilities to the extent capacity is available in excess of Chugach’s own needs. Chugach also agrees to provide storage and dispatching services. This was a temporary solution, and the Services Agreement terminates when a new intertie is built. As part of the entire contract "package," the parties executed a Services Agreement whereby Chugach, as the dispatcher of the Project, has the obligation to provide wheeling, storage, and energy purchase services to the other Purchasers, at their request. Wheeling Services. Chugach provides wheeling services for the Purchasers that request the service. The Purchaser notifies Chugach if wheeling services are needed for the following day. The Purchaser pays Chugach a wheeling rate as computed by formula in an appendix to the Services Agreement. Storage Services. At the request of a Purchaser, Chugach provides storage services at no charge. Chugach can store energy delivered to the Soldotna Substation, in the Cooper Lake Reservoir. Storage is only available to the extent that power cannot be wheeled. Chugach Purchases: Chugach will also purchase power delivered to the Soldotna Substation if Chugach can use the power to substitute for displaceable energy. Chugach is not obligated to purchase the power if it can be wheeled or stored. The rate will be the disposal rate for Bradley Lake power, as calculated by using the formula in an appendix to the Agreement. Use of System: Chugach will use its best efforts to avoid an conflicts between Chugach’s own use of its system and the requests from the Purchasers. Chugach’s first priority is to maintain the safety, efficiency and reliability of its own system. Transmission Capability Agreement Amended 3/7/89 Purpose: This Agreement fulfilled two purposes: (1) securing financing for the Bradley Junction-Soldotna line, and (2) providing each Purchaser with the right to transmit its share of Project capacity over HEA’s system. HEA’s transmission system was not adequate to transmit all of the Bradley Lake capacity. As a result, the Purchasers agreed that a new line connecting Bradley Lake to Soldotna was necessary to ensure that each Purchaser would be able to use its share of Project capacity. HEA operates the Soldotna and Fritz Creek segments as part of HEA’s own system. Cost of Constructing: The Agreement obligated HEA to construct the new line and each Purchaser to pay a share of the Project’s capital cost, either in advance or in installments, tied to HEA’s notes financing the line. In return for paying line capital and operating costs, each party has transmission rights on HEA’s system adequate to transmit its share of Project capability. Annual Operations: HEA is required to submit an annual schedule and a proposed budget for 5 ongoing operation, maintenance, and repair. Each Purchaser reimburses HEA for a portion of HEA’s actual expenses associated with the Soldotna Segment in accordance with a formula in an appendix to the Agreement. Purchasers’ Share: Each Purchaser agreed to purchase a share of the capability of the Soldotna Segment in an amount equal to that Purchaser’s percentage share. Statutory Exemption Adopted 1988 Alaska statutes were amended to exempt the Bradley Lake agreements from review or approval by the Alaska Public Utilities Commission. As noted in AS 42.05.431(c)(1), agreements entered into between October 31, 1987 and before January 1, 1988 and their amendments are not subject to review until all long-term debt is retired. Allocation and Scheduling Procedures Revised 3/3/93 Purpose: The Allocation and Scheduling Procedures govern the allocation and scheduling of energy available to the Purchasers from the Project by determining how much water will be available during a particular "Water Year." Allocation: The initial allocation is determined prior to the beginning of each Project Water year based on known operating limitations, forecasted estimates of runoff available from snowcap and precipitation, estimated maintenance, and the Purchaser’s forecasted monthly use of Project energy. If the results of the Reservoir Operation Model shows a greater demand for the available energy, the Purchasers will work together in revising the monthly energy requirements. Accounting: Each month, the AEA subtracts the Purchaser’s use from the net allocation for the water year, and provides an accounting of energy available for the remainder of the year. Other Procedures: There are provisions for making modifications, scheduling the use of another Purchaser’s unused allocation, and scheduling during a pending spill, losses, and spinning reserves. In general, the policy allows for flexibility while maintaining each Purchaser’s individual interests. Master Maintenance and Operating Agreement Executed 5/24/94 Purpose: Although AEA owns the Project, the BPMC is charged with determining annual budgets and other operational issues. The MMOA was executed to establish a streamlined, agreed-upon contract administration and budgeting procedure. Applicability: These provisions extend to contracts for the maintenance and operation of the Project, the Project Related Facilities, and the related services, facilities and equipment, and for the lease and/or use of other facilities and equipment. This Agreement was drafted in a manner consistent with the requirements of the PSA, and in no way modifies the terms of the PSA. Provisions: Master Contract Provisions include sections relating to procedures involving independent contractor, annual planning and budget, subcontracting, invoices, payment and dispute resolution, account records and audits, insurance, indemnity, amendments, conduct in accord with applicable law, prudent utility practices, contract hours and safety standards, equal employment opportunity, exclusivity of contract, notice and communication, section headings, severability, successors and assigns, waivers, and third party beneficiaries. Approvals: Prior to executing any O&M contracts, the AEA must present the contracts to the BPMC for its review and approval. Project Operation and Maintenance Agreement Executed 2/11/94 Purpose: The Purchasers needed to contract with an entity to physically operate and maintain the project. The BPMC agreed that Homer Electric Association should coordinate the operation, maintenance and repair of the Project in accordance with directives from the BPMC, the AEA, and applicable laws, regulations and permits. Agreement: The AEA has contracted with Homer to perform specific duties to ensure the safe, efficient, and reliable operation of the Project. General duties relating to water and power operations, maintenance, insurance, administering subcontracts, and coordinating activities are outlined in the O&M Agreement, and may be refined by the annual O&M Budget, or as directed by the BPMC or the AEA. Budgeting: Each year, Homer prepares a draft O&M budget and presents the budget for approval to the BPMC. Costs not anticipated in the budget may be brought to the BPMC’s attention and will require written approval before the costs are incurred. Homer may incur emergency expenditures in some instances. Recommendations: Homer makes annual recommendations for repairs or installation of equipment necessary to maintain or improve the Project, and presents a five-year schedule of estimated equipment modifications, replacements, additions and disposals. Transmission Facilities O&M Agreement Approved but not Executed Purpose: The AEA owns the transmission facilities between the substation at the Bradley Lake power house and the Bradley Junction and is contracting with HEA to perform the operations and maintenance on the transmission facilities. Responsibilities: | Homer will maintain the transmission facilities as required by the manufacturer, the AEA, industry standards, and federal and state laws. Homer will coordinate maintenance schedules and develop maintenance procedures and training programs. Homer must have prior approval before modifying the facilities. Budgeting: Homer will prepare a budget and submit it to the AEA. The AEA will then submit the budget to the BPMC for their approval. The AEA will reimburse HEA for the costs of labor, materials, supplies, equipment, training and administration incurred to perform under this Agreement. Contracts Under Review Static Var Compensator Facilities Maintenance Agreements and Substation Agreements. Currently, AEA owns transmission equipment located at the Daves Creek substation and at the Soldotna substation, that is used to transmit Project power. The Daves Creek Substation Agreement has been executed and similar agreement is proposed for Homer’s Soldotna substation. In the Agreement, the AEA reimburses the utility for operation and maintenance costs of the facilities located at the substations. The O&M costs are included in the annual budgets. Bradley Lake Dispatch Agreement. This Agreement was drafted to describe the process by which the Bradley entitlement can be scheduled and accounted for. This agreement was initially executed in 1992, but is in the process of being revised. A revised Agreement has been negotiated and is awaiting signing by Chugach. AML&P has identified issues which can be corrected without changing the substance of the Agreement. BRADLEY LAKE PROJECT AGREEMENTS | Bradley Lake Project Management Committee 7 | | | Finance | | Operations | | Transmission | _ | Bond Resolution | PSA | | Services | | Dispatch | | | | | | | | First Series | | | | | Capability | | MasterMOA | | | ASP oT I | | | | Second Series | O&M ANNUAL PROJECT COSTS Costs and Obligations Come From Different Sources Bond Resolution | Costs to Produce/Deliver Power | Debt Service O&M Reserve Funds Insurance Required Project Work AEA Administrative Costs Committee Costs Other Costs (Approved by the Committee) PURCHASERS’ SHARE OF PROJECT CAPACITY (Percent) oe AEGAT (25.8) Chugach (30.4) = ——— Seward (1.0) Golden Valley (16.9) “AML&P (25.9) BRADLEY LAKE PROJECT MANAGEMENT COMMITTEE The Project Management Committee was created in the PSA to provide the Purchasers a direct participatory role in the management of the Project. The BPMC is responsible for the management, operation, maintenance, and improvement of the Project to the extent such responsibilities are consistent with AEA’s ownership of the Project. The responsibilities of the BPMC evolve in accordance with the AEA’s ownership of the Project, and the Purchaser’s obligations to pay Project costs and purchase the Project’s power. The BPMC consists of the AEA and the Purchasers, including HEA and MEA. AEG&T does not have a direct vote, but is represented by HEA and MEA, each entitled to vote as a Purchaser. The BPMC adopted Bylaws on December 1, 1993 which outline agreed-upon procedures for scheduling and notice for BPMC meetings, manner of acting at the meetings, delegation of tasks to subcommittees, electing officers, budgeting, insurance, dispute resolution, and other policies. DUTIES REQUIRED BY THE PSA AEA As owner of the Project, the AEA has certain non-delegable duties, including the maintenance of physical loss insurance to the extent required by the Bond Resolution, and renewal of the FERC license for the term of the PSA. If the BPMC fails to take action, the AEA may act to ensure compliance with state or federal law, the terms of the FERC license, regulatory agencies, the Bond Resolution or PSA. PROJECT MANAGEMENT COMMITTEE v Arrange for the operation and maintenance of the Project, and the scheduling, production, and dispatch of Project power. v Establish procedures for the use of each Purchaser’s water allocation. v Adopt annual budgets, and each Purchaser’s payment obligation, and "true-up" the budget at the end of the year. v Evaluate and select methods to fund any necessary required Project Work or evaluate Option Project Work. v Make an initial determination of "customary" insurance. v Adopt maintenance schedules. v Adopt procedures relating to electric power reserves. v Consider additional funding to the Renewal and Contingency Reserve Fund above current requirements. Special Purpose Committees. The BPMC may appoint special purpose committees from time to time, subject to such conditions as may be prescribed by the BPMC. The designation of a special purpose or subcommittee doesn’t relieve the BPMC of any responsibility imposed by law or the PSA. Voting. Depending on the issue up for vote, different voting procedures will apply. Some decisions are by majority vote. An example is the annual election of a Chairman, Vice Chairman and Treasurer (the AEA representative is the permanent Secretary of the BPMC). Some matters require the affirmative vote of at least four representatives of the Purchasers whose percentage shares of Project capacity are greater than 51%. These matters do not require action by the AEA. Examples would be the adoption of scheduling, production and dispatch of Project power, and procedures for water allocation. Some matters require the affirmative vote of at least four representatives of the Purchasers whose percentage shares of Project capacity are greater than 51% plus the affirmative vote of the representative of the AEA. Examples include arranging for the operation and maintenance of the Project, adoption of annual budgets, Required or Option Project Work, and insurance, among others. The unanimous concurrence of all BPMC members is necessary for adoption of procedures for dispute resolution. The types of issues and voting requirements are specified in the Bylaws. Open Meetings. The BPMC has suggested as a matter of policy, that all formal meetings of the BPMC and its special purpose committees are open to the public. Certain subjects however, may be discussed in a closed executive session. Examples of these subjects include matters which would clearly have an adverse effect upon the finances of the AEA or the Project, personnel issues, matters that are required to be confidential, or matters discussed with an attorney. PROCEDURES FOR DISPUTE RESOLUTION Procedural Rules. The BPMC performs its decision-making responsibilities consistent with the PSA and any duly adopted procedural rules. Authority. In the event the authority of the BPMC to act is at issue, the BPMC shall first make a finding as to its authority. If the BPMC determines that it has authority to consider the matter, it shall decide the issue on its merits. If the BPMC determines that it does not have authority to consider the matter, the matter will be subject to immediate judicial resolution. If the court determines that the BPMC in fact had authority to consider the matter, the matter shall be remanded for BPMC action. Judicial Review. Any action, or failure to act, of the BPMC shall be subject to judicial review. The reviewing court shall (a) set aside any BPMC action found to be arbitrary, capricious or otherwise not in accordance with law or with the terms of the PSA, and (b) order the BPMC to take action if such action has been unreasonably withheld or delayed. Failure of any party to appeal any BPMC decision shall not constitute a waiver of the right to appeal any future decision. Judicial review shall be governed by the laws of the State of Alaska and shall be filed in the Alaska Court System. Arbitration. Upon agreement of the BPMC representatives of the AEA and any three utilities, the BPMC may refer any matter within the BPMC’s authority to arbitration. Unless otherwise unanimously agreed to by the members of the BPMC, arbitration shall be conducted before an arbitrator selected under the guidelines of the American Arbitration Association and the arbi- tration shall be conducted in accordance with the commercial arbitration rules of the American Arbitration Association then in effect. In addition, the arbitrator must have education and experience in the particular matter being arbitrated. The arbitrator shall have no authority, power or jurisdiction to alter, amend, change, modify, add to or delete any of the provisions of the PSA and the decision of the arbitrator shall be subject to judicial review as a BPMC decision. Costs of Arbitration. The costs incurred in connection with the arbitration shall be apportioned by the arbitrator as she or he deems appropriate. Payments Pending Resolution. Pending resolution of any dispute, each Party shall continue to perform its obligations. Lawsuit: Disputes arose between the AEA and the Purchasing Utilities concerning the determination of Annual Project Costs for the 1993 and 1994 fiscal years. The Authority included in its estimate, costs which the Purchasing Utilities contended were not properly chargeable as Annual Project Costs. On July 15, 1992, the Purchasing Utilities filed a lawsuit in Alaska Superior court for declaratory relief and breach of contract to resolve the budget dispute. The Purchasing Utilities filed a supplemental complaint on February 22, 1994, adding the 1994 budget dispute. As settlement, $250,000 was appropriated by the Alaska State Legislature and deposited in the Bradley Lake Revenue Fund. In addition, payment to the AEA for administrative services during fiscal years 1994 and 1995 was set. For fiscal years staring with 1996, the payment to the Authority is $275,000 (to be adjusted annually), plus the Authority’s actual cost for third party contract services for FERC compliance work. If in the future, the Authority or the Committee reduces the Authority’s duties, then the annual amount will be adjusted. The AEA voluntarily agreed to reduce its charges for FY97. /* Oy, Unig, ore Q f Nod Hurmily mand ae: BRADLEY LAKE BUDGET SUBCOMMITTEE REPORT g The Bradley Lake Budget Subcommittee met on February 6, 1996 to discuss the proposed FY'97 Bradley Lake Budget. The issue of a Scheduled Maintenance Fund was discussed at length. In a memo dated January 4, 1996 from AIDEA, Dennis McCrohan requests that the Bradley Lake PMC revise the FY1996 and FY1997 Budget to include a sinking fund payment for deposit in the Scheduled Maintenance Fund. During preliminary discussions with the budget subcommittee as well as AIDEA, there was a question as to whether the sinking fund was a requirement of the Bond financings. A subsequent review by AIDEA's bond Counsel as well as Ron Saxton have resulted in the conclusion that the BPMC IS NOT obligated to revise the Annual Project Budget to include the proposed sinking fund payments. Ron Saxton further states "the BPMC has the option of making sinking fund payments or paying for the cost of renewals and replacements in the year they actually occur or through the issuance of additional bonds under certain circumstances." The Bradley Budget Subcommittee voted on the motion to exclude the scheduled maintenance fund payments from the revised FY'96 budget as well as the proposed FY'97 budget. GVEA, CEA, Homer and ML&P supported this motion and AIDEA was opposed. There fore, the Bradley Budget Subcommittee would recommend that the BPMC support a motion to exclude payments for a scheduled maintenance fund in the FY'97 budget. Attachment "A" is a summary of the proposed FY'97 Operating budget. The increases in "other O&M" are a result of the following: - rebuild of the Martin Airstrip Access - $10,000 - Nuka Diversion repairs $5,000 - Division of Information Services (circuit maintenance) The O&D committee reviewed and recommended that the Budget subcommittee approve the increase for circuit maintenance $40,000 - Increase for seismic/USGS contract for stream monitoring - $13,000 - Airstrip Access- $10,000 (will probably be paid out of construction funds) Regulatory Costs have increased for the following reasons: - the five year inspection $65,000 - the follow-up requirements from the inspection - $20,000 - FERC admin. fees- $35,000 The budget subcommittee voted unanimously to support the FY'97 budget that you have in front of you., The Operating budget totals $2,499,154 and debt service payments of $13,390,560, for a total FY'97 budget of $15,889,714. The approved FY'96 budget was $15,921,375, so the FY'97 budget is reflective of a .2% decrease. Utility contributions will be $13,089,178 for FY'97 as compared with $13,054,836. The major reason for the slight increase even though the budget has decreased centers on the utilization of surplus balances. The FY'96 budget utilized a $1,059,000 surplus as compared to the $959,037 surplus utilized in the FY'97 budget. Through the utilization of these surpluses, the revenue fund balance has been reduced to $100,000. Keep in mind that there is still an operating reserve of $535,000 that we have carried over the past four budget cycles. The Budget subcommittee recommends that the BPMC support a motion to adopt the FY'97 budget as submitted: Total Operations $2,499,154 Debt Service $13,390,560 TOTAL FY'97 $15,889,714 ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT FY96 FY94 FY95 FY96 REVISED FY97 ACTUALS ACTUALS BUDGET FORECAST BUDGET REVENUES, EXPENSES & CHANGES IN SURPLUS REVENUES UTILITY CONTRIBUTIONS 13,919,892 13,919,892 13,054,836 13,054,836 13,089,178 INTEREST INCOME 1,878,861 1,923,471 1,697,500 1,891,980 1,841,500 FROM OPERATING RESERVE 90,000 AEA SETTLEMENT 250,000 24,600 PRIOR YEAR CORRECTIONS 1,756 TRANSFER FROM ARBITRAGE 25.465 15,888,753 16,095,119 14,752,336 14,996,881 14,930,678 EXPENSES OPERATIONS 2,292,875 2,125,894 2,530,650 2,351,861 2,499,154 DEBT SERVICE 13,388,240 13,391,285 _ 13,390,725 _ 13,390,725 _ 13,390,560 15,681,115 15,517,179 15,921,375 15,742,586 _15,889,714 CURRENT YEAR SURPLUS (DEFICIT) 207,638 577,940 (1,169,039) (745,705) (959,036) BEGINNING SURPLUS 1,019,163 1,226,801 1,524,044 1,804,741 1,059,036 ENDING SURPLUS 1,226,801 1,804,741 355,005 1,059,036 100,000 BALANCE SHEET al Od ASSETS a5 ! REVENUE FUND 486,443 481,305 355,005 868,106 100,000 i A OPERATING FUND 1,516,838 2,004,613 190,930 : SCHEDULED MAINTENANCE FUND : : 2,003,281 2,485,918 355,005 1,059,036 100,000 LIABILITIES & SURPLUS LIABILITIES 776,480 681,177 SURPLUS 1,226,801 1,804,741 355,005 1,059,036 100,000 2,003,281 2,485,918 355,005 1,059,036 100,000 OTHER INFORMATION OPERATING RESERVE 535,000 535,000 535,000 535,000 535,000 MONTHLY CONTRIBUTIONS 1,159,991 1,169,991 1,087,903 1,087,903 1,090,765 CONTRIBUTION TO SCHEDULED MAINTENANCE FUND 610.200 B00 2/6/96,3:49 PM h:ALL\ELAINE\97BLBUD.XLS BRADLEY LAKE FY97 BUDGET MONTHLY UTILITY CONTRIBUTION PERCENT Fy95 FY96 FY97 FY97 POWER PURCHASER SHARE TOTAL TOTAL TOTAL INCREASE CHUGACH ELECTRIC 30.4% 4,231,644 3,968,670 3,979,110 10,440 MUNICIPALITY OF ANCHORAG 25.9% 3,605,256 3,381,203 3,390,097 8,894 AEG&T 25.8% 3,591,336 3,368,148 3,377,008 8,860 GOLDEN VALLEY ELECTRIC 16.9% 2,352,456 2,206,267 2,212,071 5,804 CITY OF SEWARD 1.0% 139,200 130,548 130,892 344 100.0% _ 13,919,892 13,054,836 _ 13,089,178 34,342 CES IRATE AMRIT OG RR RETR A a ARS ER PERCENT FY95 FY96 FY97 FY97 POWER PURCHASER SHARE MONTHLY MONTHLY MONTHLY INCREASE CHUGACH ELECTRIC 30.4% 352,637 330,723 331,593 870 MUNICIPALITY OF ANCHORAG 25.9% 300,438 281,767 282,508 741 AEG&T 25.8% 299,278 280,679 281,417 738 GOLDEN VALLEY ELECTRIC 16.9% 196,038 183,856 184,339 484 CITY OF SEWARD 1.0% 11,600 10,879 10,908 29 100.0% 1,159,991 1,087,903 1,090,765 2,862 2/6/96,3:49 PM $1,059, a poe" H\ALL\ELAINE\AEA\97BLBUD.XLS BRADLEY LAKE BUDGET ACTIVITY BY ACCOUNT Balance 6/30/95 FY96 Projection Revenues Interest Workers Comp Adjust. Arbitrage Adjustment Transfers to O&M Transfers to Debt Service 96 O&M Requisitions Sched Maint Fund Dep Debt Payment 1/1/96 Debt Payment 7/1/96 Projected Balance 6/30/96 FY97 Budget Revenues Interest Transfers to O&M Transfers to Debt Service 97 O&M Reauisitions Transfer to Sched Maint Debt Payment 1/1/96 Debt Payment 7/1/96 Projected Balance 6/30/97 RevFund O&MFund DebtFund OpReserve SchMaint R&C CapReserve [otal 481,306 13,054,836 1,891,980 24,600 25,465 (1,219,356) (13,390,725) 868,106 13,089,178 1,841,500 (2,308,224) (13,390,560) 100,000 1,323,435 1,219,356 (2,351,861) 190,930 2,308,224 (2,499,154) 2 13,390,725 (5,207,863) (8,182,863) 2 13,390,560 (5,110,280) (8,280,280) 2 Page 3 535,000 535,000 535,000 21% 5,000,009 5,000,009 5,000,009 13,392,890 20,732,641 13,054,836 1,891,980 24,600 25,465 (2,351,861) (5,207,863) (8,182,863) 13,392,890 19,986,936 13,089,178 1,841,500 (2,499,154) (5,110,280) (8,280,280) 13,392,890 19,027,901 97BLBUD.XLS/Cash Balances, 2/6/96, 3:49 PM DATE: 02/07/96 TIME: 11:26 AM TO: Mary Ann Pease ¢ 926358868 PAGE: 002-008 BRADLEY LAKE OPERATIONS & MAINTENANCE ATTACHMENT A FY97 BUDGET FY97 FY96 BUDGET INCREASE BUDGET PROPOSAL (DECREASE) SUMMARY HEA O&M Contract Total 1,027,800 899,800 (128,000) CEA Dispatch and Substation/SVC Maintenance 196,400 190,000 (6,400) Other O&M 472,550 547,700 75,150 Insurance Costs 362,400 358,075 (4,325) Regulatory Costs 108,500 : 223,500 115,000 2,167,650 _ 2,219,075 51,425 Administrative Costs 363,000 280,079 (82,921) Attachment A, Page 1 of 7 2/7/96/1 1:22 AM, 97BLBUD.XLS DATE: 02/07/96 TIME: 11:26 AM TO: Mary Ann Pease & 92635688 PAGE: 003-008 BRADLEY LAKE OPERATIONS & MAINTENANCE ATTACHMENT A FY97 BUDGET FY97 FY96 BUDGET INCREASE BUDGET PROPOSAL (DECREASE) FERC 535 - Operation Supervision & Engineering HEA O&M Contract 173,300 139,000 (34,300) Other BS 173,300 Ff 139,000 __(34,300) FERC 537 - Hydraulic Expenses HEA O&M Contract 33,000 25,000 (8,000 33,000 FY 25,000 '8,000) FERC 538 - Electric Expenses HEA O&M Contract 173,100 149,100 (24,000 173,100 E3 149,100 24,000) FERC 539 - Misc. Hydraulic Power Generation Expenses HEA O&M Contract 164,600 132,500 (32,100) DIS Voice/Data Circuits - Bradley 76,100 92,000 15,900 DIS 2-way Radio Circuits - Bradley 35,700 22,300 (13,400) DIS 2-way Radio Maintenance - Bradley 18,500 18,500 DIS Space & Power - Bradley 28,400 28,400 Other FE 0 276,400 F3 293,700 17,300 FERC 540 - Rents Bradley Lake FERC land use fees 65,000 65,000 0 Other 0 65,000 F 65,000 0 FERC 542 - Maintenance of Structures HEA O&M Contract 21,000 7,500 21,000 7,500 FERC 543 - Maintenance of Reservoirs, Dams & Waterways HEA O&M Contract 11,000 (4,100) Nuka Diversion Repars §,000 5,000 16,000 900 FERC 544 - Maintenance of Electric Plant HEA O&M Contract 332,200 (37,200) Other 0 332,200 37,200) FERC 545 - Maintenance of Misc. Hydraulic Plant HEA O&M Contract 81,000 13,000 Martin Airstrip Access Rebuild : 10,000 10,000 68,000 Ff 91,000 23,000 Attachment A, Page 2 of 7 2/7/96/1 1:22 AM, 87BLBUD.XLS DATE: 02/07/96 TIME: 11:26 AM TO: Mary Ann Pease @ 92635888 PAGE: 004-006 BRADLEY LAKE OPERATIONS & MAINTENANCE ATTACHMENT A FY97 BUDGET FY97 FY96 BUDGET INCREASE BUDGET PROPOSAL (DECREASE) FERC 556 - System Control & Load Dispatching HEA O&M Contract 17,800 9,000 (8,800) CEA Dispatch Contract 126,400 85,000 (41,400) CEA Software Dispatch Program Amort 20,000 20,000 0 NOAA Weather Service 6,250 6,000 (250) Northern Ecological Minimum Flow Study 39,000 39,000 0 SCS Snow Measurement 12,500 12,500 0 UAA Seismic monitoring 50,000 53,000 3,000 USGS Minimum Flow Study 38,000 42,000 4,000 USGS Streamguaging 120,000 126,000 6,000 Rissinger Lease 33 0 429,950 F 392,500 (37,450) FERC 562 - Station Expenses CEA SVC/Substation Maintenance Contract 50,000 85,000 35,000 HEA Junction Maintenance 2,000 (2,000 52,000 Ey 85,000 33,000 FERC 571 - Maintenance of Overhead Lines / HEA Overhead Line Maintenance 28,000 28,000 0 28,000 Fe 28,000 0 FERC 920 - Administrative Expense i AEA Admin Fee (FY97 adjusted by index increase) 275,000 F4 212,079 62,921 AEA Administrative Costs 275,000 Fi 212,079 (62,921) PMC Costs Bradley Lake Audit fees 15,000 15,000 0 Bradley Lake PMC Legal 30,000 30,000 0 Bradley Lake Trustee fees 20,000 20,000 0 Bradley Lake Arbitrage Report 3,000 3,000 Bradley Lake PMC Budget 5,000 (5,000) Bradley Lake PMC Recording 18,000 (18,000) Delegabie Engineering functions ee eed 0 PMC Costs 88,000 68,000 (20,000) TOTAL FERC 920 363,000 280,079 (82,921 FERC 924 - Property Insurance RSA with Risk Management 20,000 20,000 0 Bradley Lake PMC Insurance 9,075 9,075 Homer Electric Insurance 52,400 34,000 (18,400) Insurance Premiums 290,000 295,000 5,000 362,400 Fa 358,075 (4,325) Attachment A, Page 3 of 7 2/7/96/1 1:22 AM, 97BLBUD.XLS DATE: 02/07/96 TIME: 11:26 AM TO: Mary Ann Pease & 92635888 PAGE: 005-008 BRADLEY LAKE OPERATIONS & MAINTENANCE ATTACHMENT A FY97 BUDGET 3 FY97 FY96 sf BUDGET INCREASE BUDGET fj PROPOSAL (DECREASE) FERC 928 - Regulatory Commission Expenses se FERC administrative fees 75,000 110,000 35,000 FERC administrative fees (FY94 refund) 0 Contractual Engineer - Bradley FERC Licensing 28,500 28,500 0 Contractual Engineer - Rule Curve Development 5,000 FE (5,000) Contractual Engineer - Perform 5 year Inspection 65,000 65,000 20,000 20,000 Contractual Engineer - Inspection follow-up Americans w/ Disabilities Survey 0 TOTAL BRADLEY LAKE BUDGET (31,496) Attachment A, Page 4 of 7 2/7/96/1 1:22 AM, 97BLBUD.XLS DATE: 02/07/96 TIME: 11:26 AM TO: Mary Ann Pease # 92635868 PAGE: 006-008 ALASKA ENERGY AUTHORITY BRADLEY LAKE HYDROELECTRIC PROJECT FY96 FY94 FY95 FY9S6 REVISED FY97 ACTUALS ACTUALS BUDGET FORECAST BUDGET REVENUES, EXPENSES & CHANGES IN SURPLUS BEVENUES UTILITY CONTRIBUTIONS 13,919,892 13,919,892 13,054,836 13,054,836 13,089,178 INTEREST INCOME 1,878,861 1,923,471 1,697,500 1,891,980 1,841,500 FROM OPERATING RESERVE 90,000 AEA SETTLEMENT 250,000 24,600 PRIOR YEAR CORRECTIONS 1,756 TRANSFER FROM ARBITRAGE 25,465 15,888,753 16,095,119 14,752,336 14,996,881 14,930,678 EXPENSES OPERATIONS 2,292,875 2,125,894 2,530,650 2,351,861 2,499,154 DEBT SERVICE 13,388,240 13,391,285 13,390,725 13,390,725 _ 13,390,560 15,681,115 15,517,179 15,921,375 15,742,586 _15,889,714 CURRENT YEAR SURPLUS (DEFICIT) 207,638 577,940 (1,169,039) (745,705) (959,036) BEGINNING SURPLUS 1,019,163 1,226,801 1,524,044 1,804,741 1,059,036 ENDING SURPLUS 1,226,801 1,804,741 355,005 1,059,036 100,000 BALANCE SHEET ASSETS REVENUE FUND 486,443 481,305 355,005 868,106 100,000 OPERATING FUND 1,516,838 2,004,613 190,930 - SCHEDULED MAINTENANCE FUND : : 2,003,281 2,485,918 355,005 1,059,036 100,000 re EE LIABILITIES & SURPLUS LIABILITIES 776,480 681,177 SURPLUS 1,226,801 1,804,741 355,005 1,059,036 100,000 2,003,281 2,485,918 355,005 1,059,036 100,000 OTHER INFORMATION OPERATING RESERVE 535,000 535,000 535,000 535,000 535,000 MONTHLY CONTRIBUTIONS 1,159,991 1,159,991 1,087,903 1,087,903 1,090,766 2/7/196,11:22 AM h:ALL\ELAINE\97BLBUD.XLS DATE: 02/07/96 TIME: 11:26 AM TO: Mary Ann Pease ¢ 92635886 PAGE: 007-008 ATTACHMENT C BRADLEY LAKE FY97 BUDGET MONTHLY UTILITY CONTRIBUTION PERCENT FY95 FY96 FY97 FY97 POWER PURCHASER SHARE TOTAL TOTAL TOTAL INCREASE CHUGACH ELECTRIC 30.4% 4,231,644 3,968,670 —-3,979,110 10,440 MUNICIPALITY OF ANCHORAG 25.9% 3,605,256 3,381,203 3,390,097 8,894 AEG&T 25.8% 3,591,336 3,368,148 3,377,008 8,860 GOLDEN VALLEY ELECTRIC 16.9% 2,352,456 2,206,267 —s.2,212,071 5,804 CITY OF SEWARD 1.0% 139,200 130,548 130,892 344 100.0% 13,919,892 13,054,836 13,089,178 34,342 PERCENT FY95 FY96 FY97 FY97 POWER PURCHASER SHARE MONTHLY MONTHLY MONTHLY INCREASE CHUGACH ELECTRIC 30.4% 352,637 330,723 331,593 870 MUNICIPALITY OF ANCHORAG 25.9% 300,438 281,767 282,508 741 AEG&T 25.8% 299,278 280,679 281,417 738 GOLDEN VALLEY ELECTRIC 16.9% 196,038 183,856 184,339 484 CITY OF SEWARD 1.0% 11,600 10,879 10,908 29 100.0% 1,159,991 1,087,903 1,000,765 2,862 ER ST TN TS A Te 2/7/96,1 1:22 AM H\ALL\ELAINE\AEA\97BLBUD.XLS BRADLEY LAKE BUDGET ACTIVITY BY ACCOUNT Balance 6/30/95 FY96 Projection Revenues Interest Workers Comp Adjust. Arbitrage Adjustment Transfers to O&M Transfers to Debt Service 96 O&M Reauisitions Sched Maint Fund Dep Debt Payment 1/1/96 Debt Payment 7/1/96 Projected Balance 6/30/96 FY97 Budget Revenues Interest Transfers to O&M Transfers to Debt Service 97 O&M Requisitions Transfer to Sched Maint Debt Payment 1/1/96 Debt Payment 7/1/96 Projected Balance 6/30/97 481,306 1,323,435 13,054,836 1,891,980 24,600 25,465 (1,219,356) 1,219,356 (13,390,725) (2,351,861) 868,106 190,930 13,089,178 1,841,500 (2,308,224) 2,308,224 (13,390,560) (2,499,154) 4% of Annual O&M Budget 13,390,725 (5,207,863) (8,182,863) 2 535,000 13,390,560 (5,110,280) (8,280,280) 2 535,000 21% Page 7 13,392,890 5,000,009 20,732,641 13,054,836 1,891,980 24,600 25,465 (2,351,861) (5,207,863) (8,182,863) 19,986,936 - 5,000,009 13,392,890 13,089,178 : 1,841,500 (2,499, 154) (5,110,280) (8,280,280) —_ ee 100,000 = SE I ICIS : 5,000,009 13,392,890 —_ 19,027,901 of Annual O&M Budget 97BLBUD.XLS/Cash Balances, 2/7/96, 11:22 AM Seeseozs 2 eswea UUW AzeH :OL HV 9Z:IT :3MIL 96/L0/Z0 *BLV0 800-800 CHUGACH ELECTRIC ASSOCIATION, INC. Cin kectric EUGENE N. BJORNSTAD, P.E. eee CEIVE General Manager 9 2986 February 6, 1996 Alaska industrial Development and Export Authority Stan Sieczkowski Alaska Energy Authority 480 West Tudor Road Anchorage, Alaska 99503 Subject: Bradley Lake Dispatch Audit Report Dear Mr. Sieczkowski: I am sure you have seen a copy of the recent audit report in regards to Chugach’s Bradley Lake Dispatch services for 1995. The results of the audit were presented and discussed at the January 18, 1996 Bradley Lake Operations & Dispatch Subcommittee meeting which was held jointly with the Bradley Lake Budget Subcommittee. Chugach did not concur with the findings of the audit and specifically objected to the concept of deriving resource allocation algorithms by capacity measures. The committee determined that the dispatch agreement did not have a resource allocation methodology that could be utilized to determine billable costs for each dispatch function. As a result of this consensus, the Bradley O&D committee was tasked with establishing a reasonable method of allocation. Chugach believes it is in the best interest of all the interconnected utilities to resolve this issue as soon as possible. In addition, we believe the agreed upon resolution should eliminate sources of future disagreement between the participants. Chugach wishes to resolve the on-going disputes regarding the appropriateness of both Intertie controller and operator charges, specifically those charges relating to Bradley Lake Dispatch, Southern Alaska Intertie Controller, and Northern Alaska Intertie Controller. Chugach proposes the following resolution: Chugach will perform all services presently being performed at no cost to the Bradley Lake participants. Chugach’s provision of such service, at no cost, is contingent on the Northern and Southern Controllers performing the services they presently perform at no cost to the participants in the Alaska Intertie Agreement. 5601 Minnesota Drive * P.O. Box 196300 * Anchorage, Alaska 99519-6300 Phone 907-563-7494 * FAX 907-562-0027 Alaska Energy Authority 2 February 6, 1996 The duties Chugach will continue to perform as Bradley Lake Dispatcher, at no cost, are broadly outlined in Exhibit C, Dispatch Duties, of the Bradley Lake Dispatch agreement and more specifically in the attached functional breakdown of these duties entitled “Bradley Dispatch and Scheduling Functions.” Chugach will expect the Northern and Southern Controller to provide a similar breakdown of their duties to be included in the agreement. Hopefully this arrangement will continue to provide the interconnected system with adequate controller and operator expertise, while eliminating the acrimonious debate which has surrounded the substantiation of charges relating to these functions. I would appreciate your support in adding this to the February 13, 1996 PMC meeting agenda. Sincerely, CHUGACH ELECTRIC ASSOCIATION, INC. Sree MN. ee et Eugene N. Bjornstad General Manager ENB/BJH:dlw c:\wpwin\docs\bradres.frm enclosure CG: Railbelt Utilities Bradley Dispatch and Scheduling Functions Bradley Dispatch Functions 1. Entering and coordinating Bradley Schedule Item 1. Dispatch Agreement Exhibit C 2 Loss accounting Item 6. Dispatch Agreement Exhibit C Section 8. Scheduling and Allocation Agreement Item 9. Dispatch Agreement Exhibit C 35 Operation of Daves Creek and Soldotna SVCs Item 3 Dispatch Agreement Exhibit C 4. Correlate Actual vs Schedule Data Item 1 Dispatch Agreement Exhibit C D5 Monitor Plant and System Item 4 Dispatch Agreement Exhibit c Bradley Power Scheduler i Review and Adjust Hydro Allocations Item 6. Dispatch Agreement Exhibit C Item 7. Dispatch Agreement Exhibit C Ds Monitor and Update Reservoir Level Rule Curve Item 6. Dispatch Agreement Exhibit A Item 7. Dispatch Agreement Exhibit A 35 Participate in Bradley O&D Item 5. Dispatch Agreement Exhibit C Item 6. Dispatch Agreement Exhibit C 4. Review and Confirm Schedule vs Actual Data Item 1. Dispatch Agreement Exhibit C 55 Maintain and Operate Long Term Hydro-Thermal Scheduling Program Item 5. Dispatch Agreement Exhibit C Item 10. Dispatch Agreement Exhibit C Sect. 8.aIV Transmission Services Agreement 6. Coordinates Wheeling Utility Maintenance Schedules Item 1. Dispatch Agreement Exhibit C 7. Auditing/Correcting Bad SCADA Data Item 1. Dispatch Agreement Exhibit C Sto BRADLEY LAKE HYDRO PROJECT OPERATION AND DISPATCH COMMITTEE FEB. 13, 1996 RECOMMENDATION The Operation and Dispatch Committee recommends the approval of the Project Construction List developed by the O&D committee dated Feb. 9, 1996 describing 18 items plus a contingency for an amount not to exceed $2,336,000. The funds for these tasks are authorized from the existing Bradley Lake Construction Fund. BRADLEY LAKE HYDRO PROJECT CONSTRUCTION LIST OPERATION AND DISPATCH COMMITTEE REVIEW _ =f EBE. 1996 _ITEM_|DESCRIPTION, ——“—ti—sSsSsSS ESTIMATE | 1 [THE BRADLEY RIVER SALMON STUDY CONTRACT | _—_—_—$290, 000 | 2 ATER RELEASE SCADA MODIFICATIONS —_—|~—_—«$ 200,000 ___3__ MOOSE MITIGATION FUND __ _ _ ___4 __ [DIVERSION PORTAL TUNNEL LEAKAGE __ _5 _ |POWERHOUSE FLOOR CS $125,000 6 _|STATIC VAR COMPENSATOR SPARES $175,000. _7 _|EQUIPMENT i t—“—(‘Cs:::::”C“‘(‘;SSCSézLCSC¥N $30,000 | 8 __|MISC PROJECT ENGINEERING _ | __- $50,000 ___9__|FISHWATER BYPASS DEBRIS REMOVAL _ { 10 _|ADITACCESS MODIFICATION 11 [BUILDINGS ROOF MODIFICATION nl ~ $100, 000 12. |AIRFIELDROADACCESS __|__$95,000 13 |COLD WEATHER MODIFICATIONS $30,000 14 |RIP RAP UPSTREAM FACE OF LEFTDAMABUTMENT | _‘ $175,000. _15 [APPROVED WORKORDERS | $154,000 16 |PENSTOCKCONDENSATION | __ $25,000 17 _|GOVERNOR SPEED CONTROL MODIFICATION | __ $50,000 18 |SYSTEMANALYSIS EQUIPMENT $250,000 | 19 |CONTINGENCY@10% ss | $212,000 TOTAL $2,336,000 BLCTRBDA.XLS Page 1 2/13/96 ‘SLs BRADLEY LAKE HYDROELECTRIC PROJECT CONSTRUCTION LIST 2/9/96 The Bradley River Salmon Study Contract The Bradley River salmon study contract expired on 12/31/95. Historically fish water has been over released from the dam and the salmonoid wetted areas is unknown for the spawning areas at the minimum 40 cfs required flows at the mouth of the Bradley River. These studies intend to identify these spawning areas at the reduced flows, as well as side flow contributions, and allow investigation and conclusions for requesting a reduction of 5 to 10 cfs in the water releases through the dam from State and Federal agencies. Upon concurrence, a FERC license amendment will be requested. Potential increase in generation at a 5 to 7 cfs reduction is estimated to be approximately 10 MWAH per day. At $25/MWH this equates to approximately $68,500 per year. Long term benefits can be derived if approval and a FERC Amendment is received. Estimate to complete the studies and the FERC license amendment is $290,000. Fish Water Release SCADA Modifications Instrumentation: Add an RTU on the North Fork - using a bubblier or another measuring device. Data from RTU will allow Fish Water Release Valves to respond quicker to flow changes. Thus creating a more responsive control system. A weir located in the North Fork stream to allow for an easy and accurate reading of the flow in the North Fork. A piping system for monitoring flow during freezing conditions. A weir at the Lower Bradley River to facilitate an environment that is easily monitored. SCADA: Change Snap Tables to include variables such as tides, rain and, freezing. Insert an anticipated flow feature into the existing Snap Tables. Create new Snap Tables for controlling Fish Water releases at the Lower Bradley gaging site. Estimate for providing these modifications is $200,000. Moose Mitigation Fund A moose mitigation plan is required per the FERC license. Land was purchased and the endowment for management needs to be funded. Estimate for. establishing the fund is $200,000. Diversion Portal Tunnel Leakage There is about a 60 gpm leak through the cracks in the ceiling area above the penstock in the Diversion Portal when the lake is spilling. This has caused problems in the past and temporary pumps had to be installed to remove the water from the Diversion Valve area. Water levels in the Diversion Valve area have reached a height that has covered the Valve operators. Drain pipes are recommended to be installed in the Diversion Portal, from the penstock area through the area where the valves are located. This will allow water that has leaked into the penstock area to drain directly outside of the Diversion Portal, instead of draining into the area where the valves are located. Also install a drainage pump to accommodate the times when the level of the water outside the Diversion Portal is higher than what would be the elevation of the newly installed drain pipe outlets. This system will have to include check valves, a pressure switch to activate the pump, heat tracing, an outlet above the high water elevation, and a motor starter circuit. A SCADA circuit may be installed for monitoring. This will take two men an estimated 30 hours to install the piping and an estimated 15 hours to install the electrical controls. The design of the system will have to be engineered. Estimate for this modification is $50,000. Powerhouse Floor Areas of the floors in the Powerhouse were not sealed during construction and staining from oils, water, rusting pipes, and normal use are causing discoloration and damage to these areas. Water is penetrating the concrete where the concrete has cracked. The existing sealer is also cracked and water, oil, and dirt are getting into these cracks. The Powerhouse floors need to be sealed to protect them from deterioration. Sealing not only protects the floors it also looks better and is easier to keep clean. There is approximately 31,500 square feet of flooring that needs sealing. The sealing of the floors will have to be done in such a way that continuous operation of the powerhouse is not impeded. This could lengthen the amount of man-hours needed to apply the sealer. This will take an estimated 200 man-hours to complete. This will include cleaning and preparation, as well as applying sealer to the floors. Estimate for the floor sealing is $125,000 Static VAR Compensator (SVC) Spares Spares are required for the SVC systems at Daves Creek and Soldotna Substation. CEA has inventoried the existing equipment and reviewed a recommended list. Spare capacitors and electronic control boards need to be purchased. Estimate for the spares is $175,000. Equipment Portable Welding Exhaust Fan. This is a safety item that removes the noxious gas from the area where welding is being done. Aluminum Scaffolding 50 vertical feet in height will allow us to reach most places on the project. 50 Feet will allow for the opportunity of setting up two individual scaffolds for spanning an object or a gap. It will allow for a working platform for painting or performing maintenance. An eight foot Snow Plow for the front of one of the pickups will accelerate the time it takes to move the snow off the roads, when there is just a small amount to deal with. This will also cut down the run time of the Grader and the Loader. Several Pickups can be purchased for the cost of the chains and tires for the loader and grader. Estimate for equipment is $30,000. Misc. Project Engineering Changing the starting of the Emergency Generator scheme so when the Essential Bus is lost the Generator starts. Needs Engineering. Installing safety cable on the west side of the Powerhouse will allow for cleaning the windows in the Control Room. Install guard rail mechanisms around hatches above the Service Water Pumps and Fire Water Pumps. Estimate for Misc. Project Engineering is $50,000. Fish Water Bypass Debris Removal The amount of debris that is built up around the Fishwater Valve intakes is hard to assess, due to it being underwater. The debris will have to be moved away from the intake of the Fishwater Valves to prevent blocking of the intakes. 10. qe 12. A diver will have to be brought in to inspect the conditions around the intakes. Due to very limited vision in the silted water, this will have to be done by feel. After ascertaining the amount of debris, a decision will have to be made on how best to remove the debris. The lake may be lowered to accommodate heavy equipment to get to the area or a team of divers may be brought in to move the debris. Spring of 97 appears to be a good time to do this work. This time period fits with the Utilities schedule also. Estimate for accessing the fishwater bypass intake area is $100,000. Adit Access Modification The floor area around the bottom section of the Bulkhead builds up with ice in the winter time. This creates abnormal directional forces on the end of the manifold. Building a barrier in front of the bulkhead and heating this area would alleviate these stresses on the manifold and keep the glaciating of the floor to a minimum. Power for the heater would come from the nearby transformer yard. A heater(s) of the appropriate size would have to be installed in this area and thermostats would control the heater(s). An estimated 90 man-hours would be required to complete this task. Estimate for modifying the Adit Access is $25,000. Buildings Roof Modification Roof modifications to divert the snow away from the entryways on the Shop/Warehouse, Crews Quarters, and Duplexes is a safety issue The 18 identified entrances can be inundated by the accumulation of gathered show that exists on the roof area above them. If the snow comes off the roof while someone is walking out, they may be seriously injured or crushed. The snow that slides off these roofs is in such quantity that they keep the entryways from opening and therefore an exit may be blocked. This is not acceptable in a fire condition. The “Crickets” will need to be Engineered and due to the liability and amount of time required to complete this task a contractor will have to be brought on site to do the job. Transporting the material will need to be a consideration. Estimate for Roof Modifications is $100,000. Airfield Road Access The Airport Access Road to the original construction airfield (Martin River Airstrip) will give the Air Carrier an alternative landing strip in adverse weather. The airstrip in service now is sufficient for most days, but high velocity, circling winds can cause havoc on certain occasions. The opening of the Martin River airstrip will encompass the installing of low water crossings and the hauling of road material to build up the 13. 14. 15. portion of the road removed to a single lane. An estimated 150 man-hours will be needed to complete this job. Permitting is almost complete for this project. Estimated road construction costs are $95,000. Cold Weather Modifications Long periods of below normal cold weather can have some ill effects on the Powerhouse. The intake freezing air coupled with penstock water temperatures of 32.5°F can and has caused problems in the Unit Turbine Area. The intake of the discharge chamber froze to the extent that the chamber was not vented properly and the level of the water in the discharge chamber increased to over 7.0 feet and was still rapidly climbing when it was discovered. To correct this problem, some of the air in the Powerhouse will be vented into the discharge chamber air intake piping. A flow monitor will be installed on the intakes of the discharge chambers to alarm when flow decreases. The pipes that serve as the overflow for the Clean Water Sump protrudes through the Powerhouse wall. They are susceptible to freezing with water flowing through them at 32.5°F and an ambient temperature of -5°F. Heat tracing the pipes and outlet would keep them from freezing. Estimate to make these modifications is $30,000. Rip Rap Upstream Face of Left Dam Abutment The left Abutment of the Dam on the upstream side should be Rip Rapped to prevent further erosion. High winds and lake water wave action has caused erosion of the fill material and the loss of a survey monument over the past five years. There is no safety hazard at the present time. Estimate for this effort is $175,000. Approved Work Orders 331.01 - Crickets and Dormer Engineering (BL-22-95) 332.01 - Fishwater Bypass Control Engineering (BL-21-95) Designing and implementing an improved method of controlling the Fishwater Release can save thousands of dollars. Therefore, all aspects of the Fishwater should be studied. See item 2. 333.01 - Air/Oil Separators (BL-01-94) The Fuji oil separators are not doing the job of removing the oil from the air being forced across the upper and lower guide bearing tubs. This oil mist was being carried all around the Powerhouse by the ventilation system. The oil mist was collecting on the fans, filters, and most importantly the control circuitry. It was also mixing with the carbon dust, from the Exciter Brushes, and coating the Thyristors and the internals of the Power System Stabilizers. A piping system has been installed to convey the oil mist outside. The piping system contains inline filters to remove the oil mist before the air is released outside. The effectiveness of this system is being monitored. 333.03 - Powerhouse Lockers (BL-15-95) The lockers supplied are near worthless, due to their size. They are only 6 inches wide and a rain coat pretty much fills them up. Lockers in the area of 18 inches would allow for storing items like high voltage gloves, climbing/fall restraint equipment, overalls, etc. 333.05 - Governor Improvement (BL-26-95) SWEC, PTI, and Woodword Gov. studied a specific outage and made recommendations for modifying the governor response. 334.01 - Control Circuits (BL-08-94) The Fire Protection System on the Main XFMRs has inadvertently tripped the Unit (s) twice this past year. The unit tripping has since been disabled and the alarming remains in service. The need re-engineer the operation of this system is essential if the Fire protection Circuit is going to function properly. The System that supplies cooling water to the Station Service Air Compressors is not performing adequately. The system is designed with two Fisher Flow Controllers, back to back. The first Controller reduces the water off the penstock to 250 PSI, the second Controller reduces the pressure to 60 PSI. The controllers fight each other and erratic operation of both the Controllers causes the downstream Controller to overpressurize and thereby damage itself and overpressurize the Cooling System. The Controllers are designed for continuous flow control and the system they are on is an off and on system tied to the start and stop of the Station Service Air Compressors. The System is being operated with the upstream controller set above the Penstock pressure, thereby taking it out of the picture. The downstream controller is set at 60 PSI and is tuned to respond slowly. Fisher Controls has said that this valve will not function used like this. Re-engineering the System will ensure an adequate and reliable Cooling System for the Station Service Air Compressors. An expansion tank of an ample size would compliment the system. Separating the Fisher Controllers would also benefit the operation of the Valves. An estimated 75 man-hours will be needed to make these changes. 334.04 - Diesel Generator Control Modifications (BL-20-95) A Cool Down Circuit for the Generator will allow the generator to cool down before shutting off. The Turbo needs a chance to cool down before the 16. life generator is shutdown. Shutting the Generator off after it has run at full removes the oil pressure to the Turbo. A Cool Down Timer on this circuit will ensure proper oil pressure to the Turbo. 334.05 - 13.8KV Relay Modification (BL-23-95) Adding a Ground Fault Relay to the Station Service XFMR Feeder Breaker will cause the respective 13.8KV breakers to trip, in case of a fault on the XFMR side of the Breaker, instead of tripping the respective Unit off line. This will need to be engineered. 335.10 - Repair Storage Roofs (BL-18-95) The wooden storage buildings at the lay down area needs new roofing material installed if the buildings are kept on the project. 335.11 - Repair Parapet Wall/Gatehouse Roofs (BL-19-95) Repair to the Parapet Walls will protect the wall from damage by water, freezing, etc. Repair of damage/missing roof material will protect these structures from rain, snow, freezing, and other forms of deteriorating circumstances. Complete the procurement of spare parts Estimate for the items not completed is $154,000. Penstock Condensation The Penstock, located on the 5 ft level, gets a lot of condensation on it during much of the year. The dripping water compounds the problem by evaporating into the air and ending up back on the penstock as condensation. A ventilation system would move the air out of the 5 ft level and help to solve this maintenance problem. The Slip Joint on the Penstock has shown signs of deterioration and a dryer environment would help this problem. Estimate for this modification to the air supply is $25,000. Governor Speed Control Modification The governor response to system frequency deviations is slow in the AGC mode of operation. An updated study requiring firm recommendations for setting the governor parameters is recommended. A scope of work and schedule will be recommended to the Operation and Dispatch Committee for action. Estimate for study is $50,000. 18. System Analysis Equipment The Daves Creek and Soldotna Substation SVC systems have been selected for Digital System Monitors (DSM). This equipment would be beneficial in providing information to operate the interconnected systems and analyze system deviations that effect Bradley and the interconnected utilities. Estimate for this equipment is $250,000.