- 24 - million to $11 million. This ER was again revised in late 1988/early 1989 to decrease the amount of the authorization by $2,067,000 to the “present estimate” of $8,933,000. ER No. 1760, dated late 1986/early 1987, authorized the expenditure of $12 million to procure and install spent fuel storage racks for Turkey Point Unit 4. FPL revised this ER in late 1988/early 1989 to decrease the amount authorized by $4 million. A 1986 BI No. 190, approved in late 1985, budgeted $1.5 million to remove the existing spent fuel storage racks at St. Lucie Unit 1 and install new high density spent fuel storage racks. The allotted amount was authorized for engineering with a total estimated cost of $10.3 million.28 A 1987 BI No. 19829 budgeted $12 million for Turkey Point Unit 4 to “Procure and install spent fuel storage racks to increase capacity from 614 assemblies to provide sufficient storage capacity through the end of licensed operation in 2007.”30 28 Mr. Bible testified on cross-examination that this document showed that no costs were incurred before January 1986. 29 The date that BI No. 198 was approved is illegible. 30 Mr. Bible testified that, according to the document, no construction costs were incurred before January 1987, and only $1 million was scheduled to be incurred in 1987 and $11 million thereafter.Page: Previous 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Next
Last modified: May 25, 2011