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Additionally, as of December 31, 1985, there was an unpaid
liability of $5,569,907.69
According to an actual cost report dated January 31, 1986,
the total expenditures to date were $726,985,585. During January
1986, $23,964,311 was expended on the SJRPP. This amount paid in
January 1986, covered contract work performed during November and
December of 1985.70 According to the actual cost report, as of
January 31, 1986, FPL’s obligation was $145,477,686.
A 1986 BI No. 148 Rev. 4 budgeted $239,087,000 “To
participate with * * * [the JEA] in the joint construction of the
first of two coal-fired steam generating units.” The BI
explained that this amount was predicated upon FPL’s owning 20
percent of the unit’s capital cost. This BI stated that work
started in 1979 and would be completed in April 1987. FPL
approved this BI in late 1985 with only the construction of phase
III yet to be completed. BI No. 148 Rev. 5, approved on October
13, 1986, decreased the amount budgeted to $231 million.
According to the revision, the estimated completion date of
construction was April 15, 1987. Approved on August 20, 1987, BI
69 Mr. Reid testified that the unpaid liability was for
purchase orders that were amounts outside or above and beyond
contractor expenditures.
70 Mr. Reid testified that FPL and the JEA were liable to
the contractors in January 1986 for work performed in November
and December of 1985. This amount, however, did not include the
amounts retained from contractors.
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