HomeMy WebLinkAbout2024-05-17 BPMC Agenda and docsBRADLEY LAKE PROJECT MANAGEMENT COMMITTEE MEETING AGENDA - UPDATED
Friday, May 3, 2024 Friday May 17, 2024UPDATED 10:00 am To participate dial 1-888-585-9008 and use code 212-753-619#
1. CALL TO ORDER
2. ROLL CALL (for Committee members)
3. PUBLIC ROLL CALL (for all others present)
4. AGENDA APPROVAL
5. PUBLIC COMMENTS
6. APPROVAL OF MEETING MINUTES – March 22, 2024
7. NEW BUSINESS
8. OLD BUSINESS
A. Railbelt Reliability Coordination Update
i. GRIP 3, Phase 1 Update Jim Mendenhall
ii. GRIP 3, Phase 2 Brian Hickey
B. Amended Consultants Agreement Joel Paisner
9. OPERATOR’S REPORT HEA
10. COMMITTEE REPORTS
A. Budget to Actuals Report Budget Subcommittee
B. O&D Report HEA
11. EXECUTIVE SESSION – (Bylaws Section 5.11.4) – To discuss confidential financial matters and
required Project Work and financing, the immediate knowledge of which may have an adverse
effect on the Authority or Project.
12. MEMBERS’ COMMENTS
13. NEXT MEETING DATE – June 21, 2024
14. ADJOURNMENT
813 W Northern Lights Blvd, Anchorage, AK 99503 Phone: (907) 771-3000 Fax: (907) 771-3044 Email: info@akenergyauthority.org
REDUCING THE COST OF ENERGY IN ALASKA AKENERGYAUTHORITY.ORG
MEMORANDUM TO: Bradley Lake Project Management Committee FROM: Jim Mendenhall, P.E., Program Manager DATE: May 1, 2024 SUBJECT: Railbelt Innovation and Resliency Project, Phase 1 GRIP Topic 3, Round 1
Update
We have been working on completing requirements for DOE. AEA has submitted all the documents
requested by DOE. DOE is still reviewing several of the documents and we expect minor feedback on
• Statement of Projected Outcomes
• Community Benefits Plan – Submitted Community Benefits Outcomes & Objectives
Funding match level is currently at $32.7M total of which, $20M is from the Bradley Bonds and $12.7M is
dedicated from State funds.
DOE recognizes that an award need to be made. DOE will make a project award of matching
reimbursement with AEA limited funds. The State has dedicated $32.7M in funds and the first year
projection for spending was ~$15M. DOE has been given the budget justification for the first year. They
have reviewed it, responded that it looks good and requested some additional information. Additional
Federal funds will be released as more matching funds are dedicated to the project.
The Federal approval process has multiple approval steps so we are in discussions with DOE about securing
authorization for pre-award costs that can be incorporated into the project prior to a formal award.
DOE has forwarded a set of “sample Terms & Conditions. We have asked DOE for the contract Terms &
Conditions specific to our project.
The initial focus is System studies, design, permitting and siting issues related to the HVDC line. We did
include some design costs related to the BESS because we know those systems need to be evaluated for
integration in the Railbelt system regardless of when they are integrated.
April 9th - Hatch provided a virtual 101 on HVDC lines.
April 10th – Curtis & Jim went to Kenai, gave an overview of the project to a joint meeting of the Kenai &
Soldotna chambers. We also were given a site tour by Larry Jorgenson (HEA) of a potential landing site at
Nikiski and a tour of the Soldotna substation & BESS.
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Bradley Lake Project Management Commitee Report on Railbelt
Regional Coordina�on
May 3, 2024
Overview:
The Bradley Lake Project Management Commitee is focused on two main objec�ves: expanding
the project's capacity from 90 MW to its full poten�al of 120 MW and ensuring the reliable and
resilient delivery of energy and capacity to all stakeholders. Moreover, the commitee is
commited to addressing and elimina�ng large-scale, small-signal instability oscilla�ons that
arise when the Bradley Project interacts with the summer valley during periods of low lake
levels. To achieve these objec�ves, a comprehensive regional transmission plan, named the Grid
Moderniza�on and Resiliency Plan (GMRP), has been developed.
The implementa�on of GMRP is expected to yield several ancillary benefits, including a more
resilient and robust grid capable of withstanding extreme weather events and other disrup�ons.
The moderniza�on efforts will enhance power transfer capabili�es between regions, reduce the
need for thermal reserves, decrease fuel consump�on, and cut carbon emissions. Addi�onally,
the upgraded grid will beter accommodate variable clean energy sources.
This report outlines our ac�vi�es related to these efforts over the months of February and
March
Contractors:
• Agnew Beck
• LSI
Grant Efforts :
State Match efforts
Worked with lobbying team to complete a broad financial package to fund the suite of Railbelt
upgrades.
• Responded to requests for informa�on and provided input on poten�al modifica�ons to the
Railbelt Governance reform proposals.
Concept Papers:
• The DOE declined our Topic 1, Grid Resilience concept paper.
• We were asked to proceed to a full applica�on with our Topic 3 Grid Innova�on concept paper.
Federal Applica�on
The primary focus was on developing and comple�ng the GRIP Topic 3 Funding Cycle 2 (T-3) (F-2)
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• We completed dra�s of the T-3, F-2; Tech volume (TV) and Statement of Project Objec�ves
(SOPO) and Community benefit plan (CBP), WBS, Gannt chart, milestone, and Go No go docs.
Special thanks to MEA for assistance in comple�ng the environmental form, and to AEA for
revamping our introductory figure and the budget jus�fica�on workbook. LSI did an outstanding
job working through the edi�ng and revision process with me.
• Review sessions were held on April 4, 9, and 11, 2024, with the combined u�lity review
commitee.
o We completed the first dra� of the CBP on 4-3-24 and it was reviewed by the broader
group on the 4th.
o Subsequently I completed the first dra� TV and SOPO on the 9th and they were reviewed
by the broader group on the 9th. Comments were incorporated.
o I completed the WBS, Gant Chart TV, Milestone and Go No-Go tables and this package
was reviewed on the 11th.
o The final was submited to AEA on Monday the 15th at noon.
o Subsequent comments were incorporated on the 15th and 16 and the package was
approved by AEA/AIDEA Bod on the 17th and filed.
o Notably through Doug Tansy’s efforts we secured a leter of support from the IBEW
Ninth district in support of our F-2 applica�on (this was forwarded directly to Secretary
Granholm and included in our package) and the RRC declined to provide a leter of
support for this round of funding.
• Special thanks to this who par�cipated given the �ght turnaround (3-22 to 4-15) I think we
produced a highly compe��ve applica�on.
Ac�vity Summary:
• The Regulatory team con�nues to explore the Texas single-state solu�on (TSSS) as a model for
Railbelt transmission cost recovery and is contrac�ng consultants to advance this effort.
• Assisted General Counsel Joel Paisner and the Budget and Finance Commitee with the BESS
alloca�on agreements.
• Con�nued collabora�on discussions with Doug Tansy about poten�al local training and hiring
provisions along the GRIP transmission line route with IBEW/NECA AJEATT.
• Supported the team in analyzing state funding alterna�ves.
• Finalized and submited the EDRRC 2024-25 budget.
• My update to the RCA was postponed un�l later this spring.
Looking Forward:
• A decision on our Topic 3 Funding Cycle 2 applica�on is an�cipated in Fall 2024.
• The final GRIP Funding Cycle 3 concept paper and applica�on process likely to kick off in late
summer/early fall of 2024
Other Ac�vi�es:
• On April 3rd, I am transi�oning to a reduced (40%) role at EDRRC as I begin assis�ng the Seward
Electric System with their u�lity management. However, I will con�nue to oversee the Federal
Grant applica�ons process and aid as required in state and u�lity match efforts.
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This report reflects our con�nuous commitment to enhancing the Railbelt region's energy infrastructure
and resilience, marking significant milestones in our journey towards a more sustainable and efficient
energy future.
1
AMENDMENT NO. 1
TO
BRADLEY PROJECT MANAGEMENT COMMITTEE
MEMORANDUM OF UNDERSTANDING FOR CONSULTING SERVICES
This Amendment to the Memorandum of Understanding (‘MOU’) is made this 3rd day of
May 2024 (the “Effective Date”) by and between the Bradley Lake Project Management
Committee (BPMC) and Matanuska Electric Association, Inc. (“MEA”). The BPMC and MEA
may be referred to collectively herein as the “Parties.”
RECITALS
WHEREAS, the BPMC adopted Resolution No. 22-01 authorizing the BPMC to enter
into a Memorandum of Understanding (“MOU”) with MEA for consulting services.
WHEREAS, MEA has retained the services of a Consultant who has been seconded to
the BPMC to work full time and exclusively on BPMC assigned matters.
WHEREAS, the Parties seek to amend the Consulting Agreement between the BPMC
and MEA to address the changes in the Scope of Work to be undertaken by the Consultant on
behalf of the BPMC.
WHEREAS, the Parties also seek to allocate cost sharing on a revised basis for the work
to be undertaken by the Consultant on behalf of MEA and that work to be done on behalf of the
BPMC.
NOW THEREFORE, the Parties agree to amend the MOU as follows:
1. MEA has revised its Employment Agreement (“EA”) with the Consultant and has notified
the BPMC that changes have been made to the EA. Unless otherwise provided in this
Amendment, all defined terms and all terms and conditions of the MOU shall remain the same.
In the event of any conflict or inconsistency between the terms of this Amendment and the
MOU, the terms of this Amendment shall govern and control.
2. Section 2 of the MOU is deleted and replaced in its entirety as follows:
2. Purpose. This MOU constitutes the Consulting Services Agreement between
the BPMC and MEA where MEA has agreed to second one of its employees as a
consultant to the BPMC (“Consultant”). The Consultant will oversee all of the
work assigned to it by the BPMC pursuant to this MOU. Any work performed by
2
the Consultant for the BPMC shall be pursuant to the Scope of Services provided
for in Exhibit B to this Amendment.
3. Section 3(b) of the MOU shall be deleted in its entirety and replaced with the following
Section:
3(b). The Term of this MOU shall be consistent with the amended EA between
MEA and the Consultant, and shall terminate on December 31, 2025, unless
sooner terminated by the BPMC or MEA, without cause and for any reason at any
time.
4. Section 4(a) of the MOU shall be amended as follows:
4(a). MEA will invoice the BPMC monthly for MEA's actual compensation costs
in connection with the Consultant’s work done for the BPMC consistent with the
Scope of Services, including any reimbursement expenses between MEA and the
Consultant. Any additional costs shall be subject to review and approval by the
BPMC in advance. MEA agrees to pay Consultant’s salary, related employment
taxes, and provide and maintain workers compensation insurance for the
Consultant naming the BPMC as an additional insured to that policy.
A new Section 4(c) is added to Section 4 of the Consulting Agreement that states as
follows:
4(c). The BPMC at its January 26, 2024 meeting unanimously approved a motion
to change the allocation of costs between MEA and the BPMC for the Consultant
on the following percentage basis:
MEA: Sixty percent (60%)
BPMC: Forty percent (40%)
Thus, only forty percent (40%) of all costs for the Consultant shall be allocated to the
BPMC consistent with the Percentage Share of Annual Project Costs provided for in
Section 4(b).
5. Section 5 of the MOU regarding the Scope of Services is deleted in its entirety and
replaced as follows:
5. The Scope of Services for the Consultant is attached as Exhibit B, and incorporated
herein by this reference. Exhibit B provides the Scope of Services the Consultant shall
3
provide to the BPMC, at the direction of the Chair of the BPMC, representing 40% (forty
percent) of the Consultant’s total costs to be allocated to the BPMC.
6. Section 7(e) of the MOU regarding Non-Competition is deleted in its entirety and
replaced as follows:
7(e) Non-Competition. During the term of this Agreement, during any extension thereof,
and for a period of six months after termination of this agreement, unless authorized by
unanimous vote of the BPMC, the Consultant shall not enter into or participate in any
business competitive to the business carried on by the BPMC or the Purchasers. As used
herein, the term “business competitive to the business carried on by the BPMC means
any business that involves the production, transmission or distribution of electricity, and
the words “Railbelt Alaska” mean a business conducted in whole or in part within the
service territories of the Purchasers. By unanimous motion of the BPMC at its January
26, 2024 meeting, the BPMC agreed to a new cost allocation for the cost of Consultant’s
services. By authorizing this Amendment, the BPMC consents to the Consultant
providing services to the City of Seward Electric Department. The parties agree that
except for services provided to the City of Seward, the Consultant shall exclusively
provide services to the BPMC, and any further changes to the Scope of Services and cost
allocation for Consultant services shall be unanimously approved by the BPMC. In the
event Consultant’s work for MEA results in an actual or potential conflict of interest with
the BPMC, Consultant shall immediately disclose such actual or potential conflicts to the
Chair of the BPMC, who will then notify all members of the BPMC for further
consideration consistent with this Amendment, the Bylaws, and the Power Sales
Agreement. All work product prepared by Consultant pursuant to the Scope of Services
(Exhibit B), no matter the form or format, shall be the sole property of the BPMC.
The provisions of this Section 7(e) shall survive the expiration and/or termination of this
Agreement. If a court of competent jurisdiction should declare any of this provision
unenforceable because of any unreasonable restriction of duration and/or geographical
area, then such court shall have the express authority to reform this provision to provide
for reasonable restrictions and/or to grant BPMC such other relief, at law or in equity, as
is reasonably necessary to protect its interests.
7. A new Section 7(g) shall be added to the MOU, and state as follows:
7(g). MEA agrees to indemnify, defend, and hold the BPMC harmless for any claims and
demands, regardless of the form, arising out the EA between MEA and the Consultant
from any work performed by the Consultant unrelated to this MOU.
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IN WITNESS THEREOF, the Parties below have executed this Amendment on the date written
on the first page of this Amendment.
BRADLEY LAKE PROJECT MANAGEMENT COMMITTEE
By: _________________________________________________________
Name: Bradley P. Janorschke, General Manager
Chair, Bradley Lake Management Committee
Date: _____________________________________________________
MATANUSKA ELECTRIC ASSOCIATION, INC.
By: _________________________________________________________
Name: Tony Izzo, Chief Executive Officer
Matanuska Electric Association
Date: _____________________________________________________
5
EXHIBIT B
SCOPE OF WORK
REVISED
Bradley Lake Operator Report Page 1
Bradley Lake Operator Report
BPMC
May 2024
Unit Statistics:
Generation Unit 1 (MWhrs) Unit 2 (MWhrs) Total (MWhrs)
Feb. 2024
Mar. 2024
Apr. 2024
17,828
14,708
24,828
14,289
13,268
12,769
32,117
27,976
37,598
Hydraulics Avg. Lake Level (ft.) Bradley Fishwater
(ac ft.)
Battle Creek MIF
(ac ft.)
Feb. 2024
Mar. 2024
Apr. 2024
1,133
1,133
1,109
2,187
2,187
1,549
0
0
0
Battle Creek Inflows to Bradley (ac
ft.)
Feb. 2024
Mar. 2024
Apr. 2024*
0
0
0
*Lake Level – 1,103.4’ As of April 30, 2024
Activities
• Forced outage –– On April 20, 2024 at 1659 hrs. Unit 2 tripped on Volts/Hz. Bradley crew
began trouble shooting the cause. All fuses and wiring from the voltage regulator to the
brushes were checked. Jacob Pomeranz of EPS was called out to trouble shoot the
voltage regulator system. He ran diagnostics on the excitor and found it to be fully
functional. He recommended we have the rotor evaluated for a shorter pole. We called
KelCon Technologies- Eric Pollan & Kelly Williams came on site. They Megged the stator
at 5kv and 10kv and found no issues. They performed a drop test on all 24 poles. Upon
inspection of the pole connections, they found one damaged/cracked leaf style
connection. It is in a location that was prohibitive of a repair in place procedure. Opted
to replace the pole with one of the three spare poles on site. Megged the rotor,
busways, brushes, and coil. The test was successful, all generator components passed.
We spun the unit and were able to build voltage, but it was unstable and uncontrollable.
The spare DECS 400 was programmed and installed. We spun the unit and were able to
build and control voltage. A Modbus communication error between the spare DECS 400
and the DCS prevented start-up. The Modbus error was resolved, and Unit #2 was
returned to service.
Bradley Lake Operator Report Page 2
DECS 400 Voltage Regulator Excitor Brush Rigging
Replacing Pole - Unit #2
Bradley Lake Operator Report Page 3
Old Pole Failed connection.
New Style Connection
• Dam – Completed the monthly safety inspections for April.
• Dam Access Road –The road up to the dam is accessible with the Polaris side by side,
and with a vehicle to mile 6.
• Battle Creek Diversion – Monitoring the ice build-up at the diversion. We have the
sluice gate closed and the MIF gate open. We are starting to see some movement of
the ice with a little flow going down through the MIF gate. Last year we put it in service
on 17 May. This year it looks like it will be about a week later. We have a helicopter
reserved for 21 May 2024 to inspect the system.
• Bradley Lake New Residence –Completed phase II of the plumbing and electrical.
Completed the installation of insulation, drywall, taping, texturing, and paint. Started
the installation of cabinets, vanities, window & door trim. The flooring contractor
completed their work on May 16th. Phase 3 of the plumbing is expected to start May
24th. Expect the house to be completed by June 6, 2024.
Bradley Lake Operator Report Page 4
• Needle Valve Purchase – On schedule for delivery by end of June 2024.
• 40 Ton Crane – Phase 3 of the crane repair is in progress. Obsolete brake parts are no
longer available. We have sent them out to be machined and retrofitted with an
upgraded kit. I expect it to be Inservice by end of June 2024.
• Fire System- The bid for replacing the Halon fire suppression system with FK-5-1-12
system has been awarded. The contractor will start the conversion in July 2024.
• Safety- There have been no lost time or reportable accidents for the months of March
and April 2024. Next Safety meeting is scheduled for June 19, 2024.
• New Equipment- The loader mounted boom mower estimated delivery has been
bumped to August 2024 due to supply chain issues.
• Barge trip – The next barge will be scheduled for July 2024 to bring over the needle valves
and fuel for the project.
• Barge Dock- HEA’s Environmental Compliance Officer is working to secure permits for
the repair to the dock sheet pilings. Repairs are scheduled to start in Sept 2024.
• Annual Maintenance Outage- – We completed over 100 Spring Outage work orders.
Emerson added Battle Creek pressure reading to the DCS historian, repaired the control
logic for the power gate control room operating switch, and repaired several drop
alarms. EPC inspected and verified relay setting on units #1 & #2. AM Power conducted
load testing on the DC Batteries. Project returned to service at 5pm on 14 March 2024.
• Contractors/ Visitors on site:
o HEA- Larry Jorgensen out for the Safety Meeting on 17 Apr. 2024.
o AK Carpentry out to work on the new residence.
o Statewide Machinery- 40 Ton crane repair.
o Homer Plumbing out to work on new residence.
o HEA IT- Jason Kirby out to replace a hard drive on an operator workstation.
o AK Doors out to repair a roll-up door in the maintenance shop.
o CIC General out to do locates for the power and water service to the new residence.
o Limitorqu Valve -Cirtis Woods out to spec out automated fish water valve and
controller.
o EPS -Jacob Pomeranz trouble shooting the Voltage regulator issue on unit #2.
o FAA Weather- Aaron Egoak & Adam Kincade working on barge dock weather cameras.
o KelCon Technologies- Eric Pollan & Kelly Williams trouble shooting #2 generator for loss
of field.
o Country Electric- Phase 2 on the new residence.
o Big State Contracting- Warranty work for new residence.
o Amso’s flooring- Installing flooring in new residence.
o CIC General- ditch work and repair of the duplex septic line.
Bradley Lake Operator Report Page 5
Bradley Lake Dam 4 April 2024 Spillway
Fish Water Portal Battle Creek Diversion Road
Bradley Lake Operator Report Page 6
New Residence
Kitchen Cabinets Pantry Trim style
Master Bedroom Spare Bedroom
Bradley Lake Operator Report Page 7
Dinning and Living Room
Alaska Energy Authority
Bradley Lake
Budget to Actual Expenses
07/01/2023 to 02/29/2024
Page 1 of 13
FY22 FY22 FY23 FY23 FY24 FY24
BUDGET ACTUALS BUDGET ACTUALS BUDGET ACTUALS
Upgrade Crews Quarters and Residents Kitchen 139,000 7,318 159,000 67,395 - 91,340
Battle Creek Bridge Repair 80,000 112,337 - - - -
IRIS Air Gap Monitoring System (computer) 45,000 86,805 65,000 18,491 - -
Replace Dump Truck and Sander 20,000 - - 29,493 - -
Heavy Duty trailer for equipment 20,000 - 20,000 20,000 - -
ABB Replace GIS Actuators 240,000 - 309,000 310,245 - -
Replacement pickup truck 45,000 - - 46,299 - -
Needle Valve rebuild 150,000 29,727 150,000 - - -
Start new servo design 100,000 - 250,000 396,171 - -
Soldotna SVC Battery Replacement 70,000 76 - - - -
North Fork Improvements - - 5,000 - - -
Mini Excavator - - 100,000 94,465 - -
Install New Bradley Microwave System - - 500,000 280,356 518,000 24,487
Brush Hog for Front End Loader - - - - 150,000 -
JLG All Terrain Fork Lift- New Purchase - - - - 190,000 207,660
Replace BL#5 2009 F150 Crew Cab Pickup - - - - 45,000 -
Warhouse Heaters x2 (Replace) - - - - 5,000 -
ISO Shipping Containers x2 (Replace) - - - - 40,000 30,700
Total Non R&C Capital Purchases 909,000 236,264 1,558,000 1,262,914 948,000 354,187
BRADLEY LAKE
CAPITAL PURCHASES NOT FUNDED BY R&C FUND
ALASKA ENERGY AUTHORITY
BRADLEY LAKE HYDROELECTRIC PROJECT
Schedule A
Expenses for the period 07/01/23 to 02/29/24
Page 2 of 13
ALASKA ENERGY AUTHORITY
BRADLEY LAKE OPERATIONS & MAINTENANCE
SCHEDULE B
BUDGET TO ACTUAL EXPENSES
FOR THE PERIOD 07/01/2023 THROUGH 02/29/2024
FY 24 FY 23
FY24 Approved
Budget
BUDGET %
07/01/2023 -
02/29/2024 HEA Actual CEA Actual AEA Actual Total Actual
(Over) Under
Budget to Date
FY23 Approved
Budget FY23 Actual
Summary by expense type
Staff Professional Services (Direct)387,700 258,467 - - 216,806 216,806 41,661 277,000 289,268
Labor & Benefits 2,023,067 1,348,711 641,365 25,969 435,913 1,103,247 245,465 1,997,876 1,801,438
Travel 78,500 52,333 1,689 - 13,508 15,197 37,136 84,950 12,894
Training 50,000 33,333 9,848 - - 9,848 23,485 49,300 19,549
Contractual 1,181,381 787,587 301,898 1,364 166,281 469,543 318,044 1,215,727 1,068,101
Consulting-Administrative 265,000 176,667 - - 106,589 106,589 70,078 249,375 248,684
Supplies & Materials 330,332 220,221 102,113 1,410 - 103,523 116,698 329,232 133,087
Other Costs 79,318 52,879 22,964 18,924 - 41,888 10,990 79,318 64,623
Equipment, Furniture & Machinery 165,000 110,000 36,178 - - 36,178 73,822 24,000 7,877
Administrative Costs 1,553,800 1,035,867 31,072 - 1,003,077 1,034,149 1,718 1,492,905 1,549,774
Indirect Costs 1,480,105 986,737 834,232 - - 834,232 152,505 1,486,285 1,364,672
O&M 4% Allocation to Battle Creek (303,768) (202,512) - - - - (202,512) (236,473) -
Total Bradley Lake Budget 7,290,435 4,860,290 1,981,359 47,667 1,942,174 3,971,200 889,090 7,049,495 6,559,966
FERC 535 - Operation Supervision & Engineering
Operations Sup/Eng
Bradley Lake Operating
Labor & Benefits 105,451 70,301 71,952 - - 71,952 (1,651) 108,311 112,787
Travel 5,000 3,333 1,488 - - 1,488 1,845 10,450 590
Training 5,000 3,333 581 - - 581 2,753 9,300 -
Contractual 3,000 2,000 - - - - 2,000 1,000 -
Supplies & Materials 4,000 2,667 - - - - 2,667 4,000 314
Indirect Costs 155,698 103,799 100,449 - - 100,449 3,350 155,698 150,349
Bradley Lake Operating Total 278,149 185,433 174,469 - - 174,469 10,964 288,759 264,040
FERC 535 - Operation Supervision & Engineering Total 278,149 185,433 174,469 - - 174,469 10,964 288,759 264,040
FERC 537 - Hydraulic Expenses
Hydraulic Expenses
Bradley Lake Operating
Labor & Benefits 95,262 63,508 44,345 - - 44,345 19,163 90,192 75,953
Contractual 60,000 40,000 - - - - 40,000 123,000 87
Supplies & Materials 2,000 1,333 2,461 - - 2,461 (1,127) 32,000 1,804
Indirect Costs 109,250 72,833 62,208 - - 62,208 10,625 114,320 105,908
Bradley Lake Operating Total 266,512 177,675 109,014 - - 109,014 68,661 359,512 183,752
FERC 537 - Hydraulic Expenses Total 266,512 177,675 109,014 - - 109,014 68,661 359,512 183,752
FERC 538 - Electric Expenses
Electric Expenses
Bradley Lake Operating
Labor & Benefits 218,044 145,363 134,288 - - 134,288 11,075 218,044 228,803
Travel 7,000 4,667 201 - - 201 4,465 7,000 2,039
Training 30,000 20,000 9,267 - - 9,267 10,733 25,000 17,786
Contractual 5,000 3,333 2,610 - - 2,610 723 2,000 -
Supplies & Materials 13,732 9,155 7,847 - - 7,847 1,307 9,732 4,319
Indirect Costs 262,004 174,669 155,274 - - 155,274 19,395 262,004 256,573
Bradley Lake Operating Total 535,780 357,187 309,488 - - 309,488 47,698 523,780 509,520
FERC 538 - Electric Expenses Total 535,780 357,187 309,488 - - 309,488 47,698 523,780 509,520
FERC 539 - Misc. Hydraulic Power Generation Expenses
Misc Hydro Power Exp
Bradley Lake Operating
Labor & Benefits 105,742 70,495 51,137 - - 51,137 19,358 105,742 90,508
Training 15,000 10,000 - - - - 10,000 15,000 1,009
Contractual 360,067 240,045 244,092 - - 244,092 (4,047) 315,867 229,130
Supplies & Materials 25,000 16,667 12,813 - - 12,813 3,854 17,900 20,976
Other Costs - - 3,094 2,549 - 5,643 (5,643) - -
Indirect Costs 114,320 76,213 71,790 - - 71,790 4,424 114,320 120,737
Bradley Lake Operating Total 620,129 413,419 382,925 2,549 - 385,475 27,945 568,829 462,360
BRADLEY CIRCUITS/RADIO TO BERNICE LK
Other Costs 35,695 23,797 19,871 - - 19,871 3,926 35,695 34,149
BRADLEY CIRCUITS/RADIO TO BERNICE LK Total 35,695 23,797 19,871 - - 19,871 3,926 35,695 34,149
BRADLEY CIRCUITS BERNICE LK TO ANCH
Other Costs 29,773 19,849 - 16,374 - 16,374 3,474 29,773 28,471
BRADLEY CIRCUITS BERNICE LK TO ANCH Total 29,773 19,849 - 16,374 - 16,374 3,474 29,773 28,471
FERC 539 - Misc. Hydraulic Power Generation Expenses Total 685,597 457,065 402,796 18,924 - 421,720 35,345 634,297 524,980
FERC 541 - Maintenance Supervision & Engineering
Maint Supervision/Eng
Bradley Lake Operating
Labor & Benefits 110,451 73,634 71,016 - - 71,016 2,618 116,171 113,497
Indirect Costs 155,698 103,799 101,384 - - 101,384 2,415 155,698 150,349
Bradley Lake Operating Total 266,149 177,433 172,400 - - 172,400 5,032 271,869 263,847
FERC 541 - Maintenance Supervision & Engineering Total 266,149 177,433 172,400 - - 172,400 5,032 271,869 263,847
FERC 542 - Maintenance of Structures
Maintenance of Structures
Bradley Lake Operating
Labor & Benefits 89,710 59,807 44,887 - - 44,887 14,920 86,639 69,437
Contractual 56,000 37,333 10,615 - - 10,615 26,719 56,000 59,713
Supplies & Materials 78,000 52,000 10,498 - - 10,498 41,502 94,000 9,592
Equipment, Furniture & Machinery 15,000 10,000 10,176 - - 10,176 (176) 19,000 6,693
Indirect Costs 102,350 68,233 60,397 - - 60,397 7,836 105,421 96,693
Bradley Lake Operating Total 341,060 227,373 136,572 - - 136,572 90,801 361,060 242,128
FERC 542 - Maintenance of Structures Total 341,060 227,373 136,572 - - 136,572 90,801 361,060 242,128
FERC 543 - Maintenance of Reservoirs, Dams & Waterways
Maint Res, Dams, WWays
Bradley Lake Operating
Labor & Benefits 51,783 34,522 2,091 - - 2,091 32,431 53,744 1,507
Travel - - - - - - - 1,000 -
Contractual 6,500 4,333 - - - - 4,333 22,500 5,114
Page 3 of 13
ALASKA ENERGY AUTHORITY
BRADLEY LAKE OPERATIONS & MAINTENANCE
SCHEDULE B
BUDGET TO ACTUAL EXPENSES
FOR THE PERIOD 07/01/2023 THROUGH 02/29/2024
FY 24 FY 23
FY24 Approved
Budget
BUDGET %
07/01/2023 -
02/29/2024 HEA Actual CEA Actual AEA Actual Total Actual
(Over) Under
Budget to Date
FY23 Approved
Budget FY23 Actual
Supplies & Materials 20,000 13,333 - - - - 13,333 20,000 -
Indirect Costs 58,650 39,100 3,121 - - 3,121 35,979 56,689 1,511
Bradley Lake Operating Total 136,933 91,289 5,212 - - 5,212 86,077 153,933 8,132
BRADLEY POWER TUNNEL MAINT (Dam)
Contractual 15,000 10,000 - - - - 10,000 - -
BRADLEY POWER TUNNEL MAINT (Dam) Total 15,000 10,000 - - - - 10,000 - -
FERC 543 - Maintenance of Reservoirs, Dams & Waterways Total 151,933 101,289 5,212 - - 5,212 96,077 153,933 8,132
FERC 544 - Maintenance of Electric Plant
Maintenance of Elec Plant
Bradley Lake Operating
Labor & Benefits 309,110 206,073 158,726 - - 158,726 47,347 309,110 276,280
Travel 4,500 3,000 - - - - 3,000 4,500 -
Contractual 40,000 26,667 5,249 - - 5,249 21,417 58,000 3,180
Supplies & Materials 40,000 26,667 34,815 - - 34,815 (8,149) 43,000 28,310
Administrative Costs - - 973 - - 973 (973) - -
Indirect Costs 423,178 282,119 223,459 - - 223,459 58,660 423,178 384,985
Bradley Lake Operating Total 816,788 544,525 423,223 - - 423,223 121,303 837,788 692,754
FERC 544 - Maintenance of Electric Plant Total 816,788 544,525 423,223 - - 423,223 121,303 837,788 692,754
FERC 545 - Maintenance of Misc. Hydraulic Plant
Maint of Misc Hydr Plant
Bradley Lake Operating
Labor & Benefits 69,297 46,198 39,792 - - 39,792 6,406 69,297 70,628
Contractual 45,000 30,000 7,617 - - 7,617 22,383 3,900 7,276
Supplies & Materials 68,000 45,333 33,563 - - 33,563 11,770 29,000 41,166
Equipment, Furniture & Machinery 150,000 100,000 26,002 - - 26,002 73,998 5,000 1,184
Indirect Costs 98,957 65,971 56,150 - - 56,150 9,822 98,957 97,565
Bradley Lake Operating Total 431,254 287,503 163,124 - - 163,124 124,379 206,154 217,819
FERC 545 - Maintenance of Misc. Hydraulic Plant Total 431,254 287,503 163,124 - - 163,124 124,379 206,154 217,819
FERC 556 - System Control & Load Dispatching
System Cntl & Load Disp
Bradley Lake Operating
Labor & Benefits 20,174 13,449 8,459 - - 8,459 4,990 20,174 22,342
Contractual 85,500 57,000 4,488 - - 4,488 52,512 85,500 97,154
Supplies & Materials 12,000 8,000 115 - - 115 7,885 12,000 4,242
Bradley Lake Operating Total 117,674 78,449 13,063 - - 13,063 65,387 117,674 123,738
Snow Measurement
Bradley Lake Operating
Contractual 10,000 6,667 - - 9,600 9,600 (2,933) 10,000 9,600
Bradley Lake Operating Total 10,000 6,667 - - 9,600 9,600 (2,933) 10,000 9,600
Seismic Service
Bradley Lake Operating
Contractual 62,000 41,333 - - 27,326 27,326 14,007 62,000 63,456
Bradley Lake Operating Total 62,000 41,333 - - 27,326 27,326 14,007 62,000 63,456
Streamguaging Serv
Bradley Lake Operating
Contractual 278,014 185,343 - - 101,280 101,280 84,063 218,000 191,173
Bradley Lake Operating Total 278,014 185,343 - - 101,280 101,280 84,063 218,000 191,173
Permits
Bradley Lake Operating
Other Costs 350 233 - - - - 233 350 240
Bradley Lake Operating Total 350 233 - - - - 233 350 240
FERC 556 - System Control & Load Dispatching Total 468,038 312,025 13,063 - 138,206 151,269 160,756 408,024 388,208
FERC 562 - Station Expenses
Station Expenses
Bradley Lake Operating
Labor & Benefits 102,043 68,029 13,932 25,969 - 39,901 28,128 98,418 58,186
Travel 3,500 2,333 - - 336 336 1,997 3,500 -
Contractual 80,300 53,533 27,227 1,364 - 28,591 24,942 87,960 63,979
Supplies & Materials 19,600 13,067 - 1,410 - 1,410 11,656 44,600 9,918
Other Costs 1,500 1,000 - - - - 1,000 1,500 -
Bradley Lake Operating Total 206,943 137,962 41,159 28,743 336 70,238 67,724 235,978 132,082
FERC 562 - Station Expenses Total 206,943 137,962 41,159 28,743 336 70,238 67,724 235,978 132,082
FERC 571 - Maintenance of Overhead Lines
Maint of OH Lines
Bradley Lake Operating
Labor & Benefits 16,000 10,667 739 - - 739 9,927 39,954 39,373
Contractual 75,000 50,000 - - - - 50,000 150,000 171,636
Supplies & Materials 30,000 20,000 - - - - 20,000 5,000 1,108
Bradley Lake Operating Total 121,000 80,667 739 - - 739 79,927 194,954 212,117
FERC 571 - Maintenance of Overhead Lines Total 121,000 80,667 739 - - 739 79,927 194,954 212,117
FERC 920 & 930 - Administrative Expense
AEA Bradley Fixed Admin Fees
Bradley Lake Operating
Staff Professional Services (Direct)387,700 258,467 - - 216,806 216,806 41,661 277,000 270,305
Travel - - - - 13,172 13,172 (13,172) - 3,888
Training - - - - - - - - 754
Consulting-Administrative - - - - - - - - 2,390
Supplies & Materials - - - - - - - - 4,246
Administrative Costs 2,500 1,667 - - 70,225 70,225 (68,558) 2,500 166,004
Bradley Lake Operating Total 390,200 260,133 - - 300,203 300,203 (40,070) 279,500 447,588
Bradley Lake Bond Financing
Staff Professional Services (Direct)- - - - - - - - 18,962
Bradley Lake Bond Financing Total - - - - - - - - 18,962
BRADLEY HEA BESS Preliminary Study
BRADLEY HEA BESS Preliminary Study Total - - - - - - - - -
Page 4 of 13
ALASKA ENERGY AUTHORITY
BRADLEY LAKE OPERATIONS & MAINTENANCE
SCHEDULE B
BUDGET TO ACTUAL EXPENSES
FOR THE PERIOD 07/01/2023 THROUGH 02/29/2024
FY 24 FY 23
FY24 Approved
Budget
BUDGET %
07/01/2023 -
02/29/2024 HEA Actual CEA Actual AEA Actual Total Actual
(Over) Under
Budget to Date
FY23 Approved
Budget FY23 Actual
General & Administrative Costs
Supplies & Materials - - - - - - - - 154
Administrative Costs - - - - - - - - (350)
General & Administrative Costs Total - - - - - - - - (196)
Operating Committee Exp-Audit
Bradley Lake Operating
Administrative Costs 22,000 14,667 - - 32,245 32,245 (17,578) 19,900 32,520
Bradley Lake Operating Total 22,000 14,667 - - 32,245 32,245 (17,578) 19,900 32,520
Operating Committee Exp-Legal
Bradley Lake Operating
Administrative Costs 80,000 53,333 - - 90,603 90,603 (37,270) 70,000 153,966
Bradley Lake Operating Total 80,000 53,333 - - 90,603 90,603 (37,270) 70,000 153,966
Operat Committee Exp-Arbitrage
Bradley Lake Operating
Administrative Costs - - - - - - - 5,000 -
Bradley Lake Operating Total - - - - - - - 5,000 -
Trust & Account Fees
Bradley Lake Operating
Administrative Costs 13,000 8,667 - - - - 8,667 13,000 -
Bradley Lake Operating Total 13,000 8,667 - - - - 8,667 13,000 -
Misc Admin
Bradley Lake Operating
Administrative Costs 13,000 8,667 - - 13,663 13,663 (4,997) 12,000 13,604
Bradley Lake Operating Total 13,000 8,667 - - 13,663 13,663 (4,997) 12,000 13,604
Professional Consultants
Bradley Lake Operating
Labor & Benefits 730,000 486,667 - - 435,913 435,913 50,754 682,080 642,139
Travel 58,500 39,000 - - - - 39,000 58,500 6,376
Contractual - - - - 28,075 28,075 (28,075) 20,000 166,602
Consulting-Administrative - - - - - - - - 4,458
Supplies & Materials 18,000 12,000 - - - - 12,000 18,000 6,940
Other Costs 12,000 8,000 - - - - 8,000 12,000 1,762
Bradley Lake Operating Total 818,500 545,667 - - 463,988 463,988 81,679 790,580 828,277
FERC 920 & 930 - Administrative Expense Total 1,336,700 891,133 - - 900,702 900,702 (9,569) 1,189,980 1,494,722
FERC 924 & 925 - Insurance Premiums
Insurance Premiums
Bradley Lake Operating
Administrative Costs 1,138,300 758,867 30,099 - 754,525 784,624 (25,757) 1,015,505 974,625
Bradley Lake Operating Total 1,138,300 758,867 30,099 - 754,525 784,624 (25,757) 1,015,505 974,625
FERC 924 & 925 - Insurance Premiums Total 1,138,300 758,867 30,099 - 754,525 784,624 (25,757) 1,015,505 974,625
FERC 923 - Outside Services Employed
Outside Services Employed
Bradley Lake Operating
Consulting-Administrative 265,000 176,667 - - 106,589 106,589 70,078 249,375 241,836
Bradley Lake Operating Total 265,000 176,667 - - 106,589 106,589 70,078 249,375 241,836
FERC 923 - Outside Services Employed Total 265,000 176,667 - - 106,589 106,589 70,078 249,375 241,836
FERC 928 - Regulatory Commission Expenses
FERC Admin Fees
Bradley Lake Operating
Administrative Costs 165,000 110,000 - - - - 110,000 150,000 126,085
Bradley Lake Operating Total 165,000 110,000 - - - - 110,000 150,000 126,085
FERC Related Prof Services
BRADLEY FERC PART 12 INSPECTION
Administrative Costs - - - - - - - 25,000 435
BRADLEY FERC PART 12 INSPECTION Total - - - - - - - 25,000 435
BRADLEY CONTRACTUAL ENGINEER-FERC LICENSE ISSUES
Administrative Costs 120,000 80,000 - - 41,816 41,816 38,184 180,000 82,883
BRADLEY CONTRACTUAL ENGINEER-FERC LICENSE ISSUES Total 120,000 80,000 - - 41,816 41,816 38,184 180,000 82,883
FERC 928 - Regulatory Commission Expenses Total 285,000 190,000 - - 41,816 41,816 148,184 355,000 209,404
O&M 4% Allocation to Battle Creek (303,768) (202,512) - - - - (202,512) (236,473) -
Total Bradley Lake Budget 7,290,435 4,860,290 1,981,359 47,667 1,942,174 3,971,200 889,090 7,049,495 6,559,966
Page 5 of 13
Actual Projected Actual Projected Actual Projected
@ 6/30/22 TO REPAY Budget @ 6/30/23 TO REPAY Budget @ 6/30/24 TO REPAY Budget
Description Expense @6/30/22 FY22 Expense @6/30/23 FY23 Expense @6/30/24 FY24
R&C FUND PROJECTS
Governor - 4,052,070 - - 4,052,070 - - 4,052,070 -
Replace RFLS - 251,093 - - 251,093 - - 251,093 -
Replace Runners - 1,946,733 - - 1,946,733 - - 1,946,733 -
Replace cable from dam to power house - 2,321,923 - - 2,321,923 - - 2,321,923 -
Replace power system stabilizer - 619,205 - - 619,205 - - 619,205 -
Replace two RTUs - 86,905 - - 86,905 - - 86,905 -
Culvert Repairs - 675,967 - - 675,967 - - 675,967 -
Tower Repair for Jack Frost Heaves - 887,597 - - 887,597 - - 887,597 -
Replace Plant and SCADA Controls - 1,344,683 - - 1,344,683 - - 1,344,683 -
Vibration Monitoring System - 490 - - 490 - - 490 -
Fire Alarm System Replacement 28,593 134,225 150,000 3,173 137,397 1,500,000 33,661 171,058 1,338,000
Battle Creek Diversion - 1,170,000 - - 1,170,000 - - 1,170,000 -
Bradley Replace Electro-Mechanical Relays - 1,277,197 - - 1,277,197 - - 1,277,197 -
Fishwater Screen Debris Removal - 312,236 - - 312,236 - - 312,236 -
Turbine Nozzel Repair - 1,428,861 - - 1,428,861 - - 1,428,861 -
SVC replacement Daves Creek | Soldotna - 8,517,991 - - 8,517,991 - - 8,517,991 -
Equipment Storage Shed - 510,550 - - 510,550 - - 510,550 -
Emerson Operating System Upgrade - 622,665 - - 622,665 - - 622,665 -
Generator #2 Replacement - 953,213 - - 953,213 - - 953,213 -
Road Grader 342,330 342,330 - - 342,330 - - 342,330 -
Battle Creek Construction - 3,739,591 - - 3,739,591 - - 3,739,591 -
Battle Creek Cash Call-Expended - 750,000 - - 750,000 - - 750,000 -
Battle Creek Cash Call-Paid by Utilities - (750,000) - - (750,000) - - (750,000) -
Needle Repairs - 1,482,791 - - 1,482,791 - - 1,482,791 -
Construct Additional Residence 69,594 69,594 980,000 125,175 194,769 - 513,199 707,967 910,000
Spillway Raise & Expansion Project (aka Dixon Diversion)**547,699 547,699 800,000 661,031 1,208,731 1,500,000 179,227 1,387,958 252,000
Needle Valve Rebuild - - - - - - 198,086 198,086 1,579,535
988,217 33,295,609 1,930,000 789,379 34,084,987 3,000,000 924,172 35,009,159 4,079,535
Current Year R&C Repayment (2,435,902) (2,757,013) (3,338,646)
Adjust balance to $5 million - - -
Interest in Fund Applied to Repayment (42,921) (100,912) (122,003)
Net Transfer from Revenue Fund (2,478,823) (2,857,925) (3,460,649)
Cumulative Prior Years R&C Repayments (27,707,352) (29,808,017) (31,677,137)
Due to (from) Utilities 378,159 988,805 1,463,498
Adjust Due to R&C Actual - - -
(27,329,193) (28,819,211) (30,213,638)
NET DUE TO R&C FUND 3,487,592 2,407,851 1,334,872
R&C FUND CASH FLOW PROJECTION
Beginning Investment Balance 1,069,523 2,363,808 4,370,333
Disbursements-current year -Accrual (514,976) - -
Disbursements-prior year accrued (379,977) (473,241) (789,379)
Utilities' R&C Refund (289,586) (378,159) (988,805)
Net other cash inflow(outflow)- - -
Current year interest earnings 42,921 100,912 122,003
Participants Contributions to R&C Fund 2,435,902 2,757,013 3,338,646
Ending Investment Balance 2,363,808 4,370,333 6,052,798
Accrued Due to (from) Utilities (378,159) (988,805) (1,463,498)
R&C payable back to the revenue fund - - -
Accrued R&C vendor Payable at Year End (473,241) (789,379) (924,172)
PROJECTED NET DUE + ENDING INVESTMENT BALANCE 5,000,000 5,000,000 5,000,000
REPAYMENT AMOUNT
$1,649,677 X 25%
$4,139,810 X 25%**Spillway Raise & Expansion Project (aka Dixon Diversion)
$238,606.15 X 25%
$954,181.79 x 25%Paid with Bradley Lake R&C Fund 1,387,958
$756,665.11 x 25% all 4 years Paid with Renewable Energy Fund Grant ($1MM)572,037
$1,455,830.05 x 25% all 4 years Total Project Cost at 02/29/24 1,959,995
$1,401,948.53 x 25% all 4 years
$1,834,499.92 x 25% yr 1 | 25% yr 2 | 50% yr 3
$3,330,802.80 x 25% yr 1 | 32% yr 2 | 25% yr 3 |18% yr4
$5,644,193.08 x 25% all 4 years
$1,341,405.96 x 25% all 4 years (FY18)
$1,715,556.80 x 25% all 4 years (FY19)4th 428,889
$412,050.13 x 25% all 4 years (FY20)3rd 103,013 4th 103,013
$5,286,834.31 x 25% all 4 years (FY21)2nd 1,321,709 3rd 1,321,709 4th 1,321,709
FY22 ACTUALS 1st 247,054 2nd 247,054 3rd 247,054
1st 197,345 2nd 197,345
1st 231,043
2,100,664 1,869,120 1,997,150
BRADLEY LAKE
R&C FUND DISBURSEMENTS AND REPAYMENTS
SCHEDULE D
Expenses for the period 07/01/23 to 02/29/24
Page 6 of 13
FY22 FY22 FY23 FY23 FY24 FY24
Budget Actual Budget Actual Budget Actual
Battle Creek Diversion - - - - - -
Battle Creek Associated Costs 15,000 22,196 15,000 11,986 15,000 -
Vent Enlargment 50,000 13,077 50,000 32,407 - -
Pressure Sensor w SCADA 25,000 2,807 25,000 27,030 - -
Power feed to LBC Bridge 25,000 19,548 - - - -
Survey and Monument DNR Lease - - - - 150,000 64,936
Total Non R&C Capital Purchases 115,000 57,628 90,000 71,423 165,000 64,936
BATTLE CREEK
CAPITAL PURCHASES NOT FUNDED BY R&C FUND
ALASKA ENERGY AUTHORITY
BRADLEY LAKE HYDROELECTRIC PROJECT
Battle Creek Capital Purchases
Schedule E
Expenses for the period 07/01/23 to 02/29/24
Page 7 of 13
BATTLE CREEK OPERATIONS & MAINTENANCE
SCHEDULE F
BUDGET TO ACTUAL EXPENSES
FOR THE PERIOD 07/01/2023 THROUGH 02/29/2024
FY 24 FY 23
FY24 Approved
Budget
BUDGET %
07/01/2023 -
02/29/2024 HEA Actual CEA Actual AEA Actual Total Actual
(Over) Under
Budget to Date
FY23 Approved
Budget FY23 Actual
Summary by expense type
Staff Professional Services (Direct)50,000 33,333 - - 37,619 37,619 (4,286) - 58,017
Labor & Benefits - - 23,459 1,082 16,046 40,587 (40,587) - 82,339
Travel - - 68 - 994 1,062 (1,062) - 537
Training - - 410 - - 410 (410) - 940
Contractual 125,000 83,333 10,798 57 95,481 106,336 (23,003) 126,000 164,132
Consulting-Administrative - - - - 5,722 5,722 (5,722) - 17,560
Supplies & Materials - - 2,990 59 - 3,048 (3,048) - 5,862
Other Costs - - 833 686 - 1,519 (1,519) - 2,920
Equipment, Furniture & Machinery - - 1,442 - - 1,442 (1,442) - 346
Administrative Costs 11,500 7,667 32 - 41,352 41,384 (33,717) 54,900 78,084
Indirect Costs - - 31,373 - - 31,373 (31,373) - 62,821
O&M 4% Allocation to Battle Creek 303,768 202,512 - - - - 202,512 236,473 -
Total Battle Creek Budget 490,268 326,845 71,404 1,884 197,214 270,502 56,343 417,373 473,557
FERC 535 - Operation Supervision & Engineering
Operations Sup/Eng
Battle Creek Operating
Labor & Benefits - - 2,629 - - 2,629 (2,629) - 5,090
Travel - - 60 - - 60 (60) - 25
Training - - 24 - - 24 (24) - -
Supplies & Materials - - - - - - - - 13
Indirect Costs - - 3,673 - - 3,673 (3,673) - 6,803
Battle Creek Operating Total - - 6,387 - - 6,387 (6,387) - 11,931
FERC 535 - Operation Supervision & Engineering Total - - 6,387 - - 6,387 (6,387) - 11,931
FERC 537 - Hydraulic Expenses
Hydraulic Expenses
Battle Creek Operating
Labor & Benefits - - 1,619 - - 1,619 (1,619) - 3,557
Contractual 70,000 46,667 - - 62,923 62,923 (16,256) 81,000 65,278
Supplies & Materials - - 103 - - 103 (103) - 75
Indirect Costs - - 2,262 - - 2,262 (2,262) - 4,911
Battle Creek Operating Total 70,000 46,667 3,984 - 62,923 66,906 (20,240) 81,000 73,821
FERC 537 - Hydraulic Expenses Total 70,000 46,667 3,984 - 62,923 66,906 (20,240) 81,000 73,821
FERC 538 - Electric Expenses
Electric Expenses
Battle Creek Operating
Labor & Benefits - - 4,927 - - 4,927 (4,927) - 10,507
Travel - - 8 - - 8 (8) - 85
Training - - 386 - - 386 (386) - 867
Supplies & Materials - - 298 - - 298 (298) - 184
Indirect Costs - - 5,671 - - 5,671 (5,671) - 11,814
Battle Creek Operating Total - - 11,290 - - 11,290 (11,290) - 23,457
FERC 538 - Electric Expenses Total - - 11,290 - - 11,290 (11,290) - 23,457
FERC 539 - Misc. Hydraulic Power Generation Expenses
Misc Hydro Power Exp
Battle Creek Operating
Labor & Benefits - - 1,861 - - 1,861 (1,861) - 4,197
Training - - - - - - - - 42
Contractual - - 8,858 - - 8,858 (8,858) - 10,529
Supplies & Materials - - 258 - - 258 (258) - 918
Other Costs - - 833 686 - 1,519 (1,519) - 2,836
Indirect Costs - - 2,606 - - 2,606 (2,606) - 5,578
Battle Creek Operating Total - - 14,415 686 - 15,101 (15,101) - 24,101
FERC 539 - Misc. Hydraulic Power Generation Expenses Total - - 14,415 686 - 15,101 (15,101) - 24,101
FERC 541 - Maintenance Supervision & Engineering
Maint Supervision/Eng
Battle Creek Operating
Labor & Benefits - - 2,590 - - 2,590 (2,590) - 5,120
Indirect Costs - - 3,712 - - 3,712 (3,712) - 6,803
Battle Creek Operating Total - - 6,303 - - 6,303 (6,303) - 11,923
FERC 541 - Maintenance Supervision & Engineering Total - - 6,303 - - 6,303 (6,303) - 11,923
FERC 542 - Maintenance of Structures
Maintenance of Structures
Battle Creek Operating
Labor & Benefits - - 1,622 - - 1,622 (1,622) - 3,242
Contractual - - 236 - - 236 (236) - 2,488
Supplies & Materials - - 374 - - 374 (374) - 470
Equipment, Furniture & Machinery - - 358 - - 358 (358) - 296
Indirect Costs - - 2,186 - - 2,186 (2,186) - 4,474
Battle Creek Operating Total - - 4,776 - - 4,776 (4,776) - 10,970
FERC 542 - Maintenance of Structures Total - - 4,776 - - 4,776 (4,776) - 10,970
FERC 543 - Maintenance of Reservoirs, Dams & Waterways
Maint Res, Dams, WWays
Battle Creek Operating
Labor & Benefits - - 69 - - 69 (69) - 73
Contractual - - - - - - - - 213
Indirect Costs - - 101 - - 101 (101) - 79
Battle Creek Operating Total - - 170 - - 170 (170) - 366
FERC 543 - Maintenance of Reservoirs, Dams & Waterways Total - - 170 - - 170 (170) - 366
FERC 544 - Maintenance of Electric Plant
Maintenance of Elec Plant
Battle Creek Operating
Labor & Benefits - - 5,776 - - 5,776 (5,776) - 12,941
Contractual - - 219 - - 219 (219) - 132
Supplies & Materials - - 1,261 - - 1,261 (1,261) - 1,248
Administrative Costs - - (973) - - (973) 973 - -
Indirect Costs - - 9,121 - - 9,121 (9,121) - 17,850
ALASKA ENERGY AUTHORITY
Page 8 of 13
BATTLE CREEK OPERATIONS & MAINTENANCE
SCHEDULE F
BUDGET TO ACTUAL EXPENSES
FOR THE PERIOD 07/01/2023 THROUGH 02/29/2024
FY 24 FY 23
FY24 Approved
Budget
BUDGET %
07/01/2023 -
02/29/2024 HEA Actual CEA Actual AEA Actual Total Actual
(Over) Under
Budget to Date
FY23 Approved
Budget FY23 Actual
ALASKA ENERGY AUTHORITY
Battle Creek Operating Total - - 15,403 - - 15,403 (15,403) - 32,171
FERC 544 - Maintenance of Electric Plant Total - - 15,403 - - 15,403 (15,403) - 32,171
FERC 545 - Maintenance of Misc. Hydraulic Plant
Maint of Misc Hydr Plant
Battle Creek Operating
Labor & Benefits - - 1,450 - - 1,450 (1,450) - 3,293
Contractual - - 317 - - 317 (317) - 303
Supplies & Materials - - 697 - - 697 (697) - 1,756
Equipment, Furniture & Machinery - - 1,083 - - 1,083 (1,083) - 49
Indirect Costs - - 2,040 - - 2,040 (2,040) - 4,508
Battle Creek Operating Total - - 5,587 - - 5,587 (5,587) - 9,909
FERC 545 - Maintenance of Misc. Hydraulic Plant Total - - 5,587 - - 5,587 (5,587) - 9,909
FERC 556 - System Control & Load Dispatching
System Cntl & Load Disp
Battle Creek Operating
Labor & Benefits - - 315 - - 315 (315) - 969
Contractual - - 180 - - 180 (180) - 6,273
Supplies & Materials - - - - - - - - 177
Battle Creek Operating Total - - 495 - - 495 (495) - 7,418
Snow Measurement
Battle Creek Operating
Contractual - - - - 400 400 (400) - 400
Battle Creek Operating Total - - - - 400 400 (400) - 400
Seismic Service
Battle Creek Operating
Contractual - - - - 1,139 1,139 (1,139) - 2,804
Battle Creek Operating Total - - - - 1,139 1,139 (1,139) - 2,804
Streamguaging Serv
Battle Creek Operating
Contractual 55,000 36,667 - - 31,020 31,020 5,647 45,000 67,062
Battle Creek Operating Total 55,000 36,667 - - 31,020 31,020 5,647 45,000 67,062
Permits
Battle Creek Operating
Other Costs - - - - - - - - 10
Battle Creek Operating Total - - - - - - - - 10
FERC 556 - System Control & Load Dispatching Total 55,000 36,667 495 - 32,559 33,053 3,613 45,000 77,693
FERC 562 - Station Expenses
Station Expenses
Battle Creek Operating
Labor & Benefits - - 570 1,082 - 1,653 (1,653) - 2,596
Travel - - - - 14 14 (14) - -
Contractual - - 989 57 - 1,046 (1,046) - 2,785
Supplies & Materials - - - 59 - 59 (59) - 482
Battle Creek Operating Total - - 1,560 1,198 14 2,771 (2,771) - 5,864
FERC 562 - Station Expenses Total - - 1,560 1,198 14 2,771 (2,771) - 5,864
FERC 571 - Maintenance of Overhead Lines
Maint of OH Lines
Battle Creek Operating
Labor & Benefits - - 31 - - 31 (31) - 1,641
Contractual - - - - - - - - 7,152
Supplies & Materials - - - - - - - - 46
Battle Creek Operating Total - - 31 - - 31 (31) - 8,838
FERC 571 - Maintenance of Overhead Lines Total - - 31 - - 31 (31) - 8,838
FERC 920 & 930 - Administrative Expense
AEA Bradley Fixed Admin Fees
Battle Creek Operating
Staff Professional Services (Direct)50,000 33,333 - - 37,619 37,619 (4,286) - 58,017
Travel - - - - 980 980 (980) - 162
Training - - - - - - - - 31
Consulting-Administrative - - - - - - - - 100
Supplies & Materials - - - - - - - - 203
Administrative Costs - - - - 38 38 (38) 43,000 3,379
Battle Creek Operating Total 50,000 33,333 - - 38,636 38,636 (5,303) 43,000 61,891
Operating Committee Exp-Audit
Battle Creek Operating
Administrative Costs - - - - 4,245 4,245 (4,245) - 1,355
Battle Creek Operating Total - - - - 4,245 4,245 (4,245) - 1,355
Operating Committee Exp-Legal
Battle Creek Operating
Administrative Costs 5,000 3,333 - - 3,369 3,369 (36) 5,000 7,042
Battle Creek Operating Total 5,000 3,333 - - 3,369 3,369 (36) 5,000 7,042
Operat Committee Exp-Arbitrage
Bradley Lake Operating
Administrative Costs - - - - - - - - 1,690
Bradley Lake Operating Total - - - - - - - - 1,690
Battle Creek Operating
Administrative Costs - - - - - - - 2,000 -
Battle Creek Operating Total - - - - - - - 2,000 -
Trust & Account Fees
Battle Creek Operating
Administrative Costs 5,500 3,667 - - 4,000 4,000 (333) 4,800 4,000
Battle Creek Operating Total 5,500 3,667 - - 4,000 4,000 (333) 4,800 4,000
Misc Admin
Battle Creek Operating
Administrative Costs 1,000 667 - - 569 569 97 100 567
Battle Creek Operating Total 1,000 667 - - 569 569 97 100 567
Professional Consultants
Page 9 of 13
BATTLE CREEK OPERATIONS & MAINTENANCE
SCHEDULE F
BUDGET TO ACTUAL EXPENSES
FOR THE PERIOD 07/01/2023 THROUGH 02/29/2024
FY 24 FY 23
FY24 Approved
Budget
BUDGET %
07/01/2023 -
02/29/2024 HEA Actual CEA Actual AEA Actual Total Actual
(Over) Under
Budget to Date
FY23 Approved
Budget FY23 Actual
ALASKA ENERGY AUTHORITY
Battle Creek Operating
Labor & Benefits - - - - 16,046 16,046 (16,046) - 29,115
Travel - - - - - - - - 266
Contractual - - - - - - - - (1,288)
Consulting-Administrative - - - - - - - - 186
Supplies & Materials - - - - - - - - 289
Other Costs - - - - - - - - 73
Battle Creek Operating Total - - - - 16,046 16,046 (16,046) - 28,641
FERC 920 & 930 - Administrative Expense Total 61,500 41,000 - - 66,866 66,866 (25,866) 54,900 105,186
FERC 924 & 925 - Insurance Premiums
Insurance Premiums
Battle Creek Operating
Administrative Costs - - 1,005 - 27,449 28,454 (28,454) - 44,104
Battle Creek Operating Total - - 1,005 - 27,449 28,454 (28,454) - 44,104
FERC 924 & 925 - Insurance Premiums Total - - 1,005 - 27,449 28,454 (28,454) - 44,104
FERC 923 - Outside Services Employed
Outside Services Employed
Battle Creek Operating
Consulting-Administrative - - - - 5,722 5,722 (5,722) - 17,274
Battle Creek Operating Total - - - - 5,722 5,722 (5,722) - 17,274
FERC 923 - Outside Services Employed Total - - - - 5,722 5,722 (5,722) - 17,274
FERC 928 - Regulatory Commission Expenses
FERC Admin Fees
Battle Creek Operating
Administrative Costs - - - - - - - - 5,254
Battle Creek Operating Total - - - - - - - - 5,254
FERC Related Prof Services
BRADLEY CONTRACTUAL ENGINEER-FERC LICENSE ISSUES
Administrative Costs - - - - 227 227 (227) - -
BRADLEY CONTRACTUAL ENGINEER-FERC LICENSE ISSUES Total - - - - 227 227 (227) - -
Battle Creek Operating
Administrative Costs - - - - 1,454 1,454 (1,454) - 10,695
Battle Creek Operating Total - - - - 1,454 1,454 (1,454) - 10,695
FERC 928 - Regulatory Commission Expenses Total - - - - 1,681 1,681 (1,681) - 15,948
O&M Allocation to Battle Creek 303,768 202,512 - - - - 202,512 236,473 -
Total Battle Creek Budget 490,268 326,845 71,404 1,884 197,214 270,502 56,343 417,373 473,557
Page 10 of 13
FY22 FY22 FY23 FY23 FY24 FY24
Amended Amended Amended
Budget Actuals Budget Actuals Budget Actuals
SSQ Line Access Documentation - 144,482 - 23,555 - -
SSQ Line Acquisition Costs - 2,026 - - - -
SSQ Soldotna-Qtz Ck 230kV Construction 750,000 91,051 - 441,262 - -
Total Non R&C Capital Purchases 750,000 237,559 - 464,817 - -
SSQ LINE CAPITAL PURCHASES NOT FUNDED BY R&C FUND
ALASKA ENERGY AUTHORITY
BRADLEY LAKE HYDROELECTRIC PROJECT
SSQ Line Capital Purchases
Schedule H
Expenses for the period 07/01/23 to 02/29/24
Page 11 of 13
ALASKA ENERGY AUTHORITY
SSQ LINE OPERATIONS & MAINTENANCE
SCHEDULE I
BUDGET TO ACTUAL EXPENSES
FOR THE PERIOD 07/01/2023 THROUGH 02/29/2024
FY 24 FY 23
FY24 Approved
Budget
BUDGET %
07/01/2023 -
02/29/2024 HEA Actual CEA Actual AEA Actual Total Actual
(Over) Under
Budget to Date
FY23 Approved
Budget FY23 Actual
Summary by expense type
Staff Professional Services (Direct)15,000 10,000 - - 32,272 32,272 (22,272) 53,000 50,664
Labor & Benefits 50,000 33,333 - - - - 33,333 56,999 521
Contractual 175,000 116,667 - - - - 116,667 200,000 12,768
Permitting 40,000 26,667 - - 2,969 2,969 23,697 - -
Supplies & Materials 25,000 16,667 - - - - 16,667 25,000 2,808
Other Costs - - - - 1,250 1,250 (1,250) - 103,186
Equipment, Furniture & Machinery - - - - - - - - 29
Administrative Costs 2,000 1,333 - - 11,582 11,582 (10,248) 2,000 100,387
Total SSQ Line Budget 307,000 204,667 - - 48,073 48,073 156,593 336,999 270,363
FERC 540 - Rents
FERC Land Use Fee
SSQ Line Operating
Other Costs - - - - 1,250 1,250 (1,250) - 103,186
SSQ Line Operating Total - - - - 1,250 1,250 (1,250) - 103,186
FERC 540 - Rents Total - - - - 1,250 1,250 (1,250) - 103,186
FERC 556 - System Control & Load Dispatching
Permits
SSQ Line Operating
Permitting 40,000 26,667 - - 2,969 2,969 23,697 - -
SSQ Line Operating Total 40,000 26,667 - - 2,969 2,969 23,697 - -
FERC 556 - System Control & Load Dispatching Total 40,000 26,667 - - 2,969 2,969 23,697 - -
FERC 571 - Maintenance of Overhead Lines
Maint of OH Lines
SSQ Line Operating
Labor & Benefits 50,000 33,333 - - - - 33,333 56,999 521
Contractual 175,000 116,667 - - - - 116,667 200,000 12,768
Supplies & Materials 25,000 16,667 - - - - 16,667 25,000 -
Equipment, Furniture & Machinery - - - - - - - - 29
SSQ Line Operating Total 250,000 166,667 - - - - 166,667 281,999 13,318
FERC 571 - Maintenance of Overhead Lines Total 250,000 166,667 - - - - 166,667 281,999 13,318
FERC 920 & 930 - Administrative Expense
AEA Bradley Fixed Admin Fees
SSQ Line Operating
Staff Professional Services (Direct)15,000 10,000 - - 32,272 32,272 (22,272) 53,000 50,664
Supplies & Materials - - - - - - - - 2,417
Administrative Costs - - - - 9,582 9,582 (9,582) - 87,510
SSQ Line Operating Total 15,000 10,000 - - 41,854 41,854 (31,854) 53,000 140,590
General & Administrative Costs
Supplies & Materials - - - - - - - - 391
Administrative Costs - - - - - - - - 10,877
General & Administrative Costs Total - - - - - - - - 11,268
Trust & Account Fees
SSQ Line Operating
Administrative Costs 2,000 1,333 - - 2,000 2,000 (667) 2,000 2,000
SSQ Line Operating Total 2,000 1,333 - - 2,000 2,000 (667) 2,000 2,000
FERC 920 & 930 - Administrative Expense Total 17,000 11,333 - - 43,854 43,854 (32,521) 55,000 153,858
Total SSQ Line Budget 307,000 204,667 - - 48,073 48,073 156,593 336,999 270,363
Page 12 of 13
Source
Construction Funds
at 12/17/20
Investment
Expenses
Calculated Capital
Reserve at 12/17/20
Purchase of HEA
SSQ Line and 69kV
Remediation
Released from
Capital Reserve
Total Available
Funding
SSQ Line Series 10 Bond Proceeds 17,000,000 (225,252) (1,239,986) (13,566,179) 832,416 2,801,000
SSQ Line Bond Series 10 Funded Capital Projects Allocate Total Funding Project Budget Encumbered Total Actual Costs
(Over) / Under
Project Budget
(Over) / Under
Total Funding
SSQ Line - 69kV Remediation 1,545,814 - 1,239,490 306,324
SSQ Line Due Diligence Inspect/Repair O/S Fire ZNE 175,000 - 2,350 172,650
SSQ Line Sterling-Qtz Ck 230kV Construction - - 346,040 (346,040)
Soldotna-Sterling 230kV Construction - - 2,789 (2,789)
Bradley RPW - Bond Series 10 - - 1,744 (1,744)
Total SSQ Line Projects 2,801,000 1,720,814 - 1,592,412 128,402 1,208,587
Source
Construction Funds
at 11/30/22
Investment
Expenses
Calculated Capital
Reserve at 11/30/22
Earnings (Interest
Income)
Released from
Capital Reserve
Total Available
Funding
Required Project Work Bond Series 11 Funding 166,013,134 (157,250) (12,454,346) 8,172,949 557,196 162,131,683
BESS Required Project Work Bond Series 11 Funded Capital
Projects Allocate Total Funding Project Budget Encumbered Total Actual Costs
(Over) / Under
Project Budget
(Over) / Under
Total Funding
BRADLEY HEA BESS Preliminary Study 35% 56,746,089 75,000 22,473 958 74,042 56,722,658
Total BESS Capital Projects 56,746,089 75,000 22,473 958 74,042 56,722,658
Transmission Required Project Work Bond Series 11 Funded
Capital Projects Allocate Total Funding Project Budget Encumbered Total Actual Costs
(Over) / Under
Project Budget
(Over) / Under
Total Funding
SSQ Line Sterling-Qtz Ck 230kV Construction - 37,993 261,208 (261,208)
Soldotna-Sterling 230kV Construction - - 15,854 (15,854)
Bradley RPW - Bond Series 11 - - 6,676 (6,676)
Total Transmission Capital Projects 105,385,594 - 37,993 283,738 (283,738) 105,063,863
Total Required Project Work 162,131,683 75,000 60,466 284,696 (209,696) 161,786,521
1,208,587
105,063,863
NA 2,801,000
65% 105,385,594
ALASKA ENERGY AUTHORITY
BRADLEY LAKE HYDROELECTRIC PROJECT
Capital Projects Funded by Bond Proceeds
Appendix A
02/29/24
Page 13 of 13
Bradley Operation and Dispatch Committee Report
May 2024
Meeting Dates:
April 12, 2024
Notable Discussions and Items:
2024-2025 Water Year Inflows:
The Alaska-Pacific River Forecast Center provided their inflow forecast for the
upcoming water year. Bradley Lake inflows from April to October 2024 are
expected to be 5% above the 28-year average. Battle Creek is forecasted to be 7%
above the 2021-2023 average.
Transmission Work and Islanding Length Discussion:
Work on the 115 kV transmission system for upgrades and maintenance results in
islanding the Bradley Project from the majority of the participants. There was
general discussion amongst all of the participants regarding the length of islanding
that could be supported. It was noted that May is generally not a good month to
island, but overall the utilities agreed that they could support up to 4 months of
islanding annually, if that helps progress transmission projects.
Water Tracking & Lake Level:
Lake levels are currently near normal as the utilities continue to draw on their respective
storage. There is approximately 45,000 MWh of water remaining in storage.
Committee Assignments:
□ CEA continues work to address SCADA challenges to allow HEA wheeling capacity as
defined in the existing Bradley agreement.
□ CEA investigating methodology for placing units in condense mode.
□ BPMC approved - CEA & HEA investigating appropriate relay settings - $15k spend limit.
Next Meeting:
May 24th