FPL Group, Inc. & Subsidiaries - Page 139

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          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.                                                                 





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