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Provision Of Depreciation Study.

Tenders are invited for Depreciation Study


The scope of the study is to cover a depreciation study of certain of New York Power Authority s ( NYPA or Authority ) depreciable Electric Transmission and General Plant Assets in service and) at December 31, 2015 (Fiscal Calendar Year). Each study is unique as it relates to the size and scope of the project study but overall the purpose of this depreciation study is to recommend appropriate annual depreciation accrual rates for NYPA to use for its Transmission Plant Properties and to evaluate the level of NYPA Reserves versus Industry Standards with the goal of bringing in other valuable cost savings techniques for NYPA. Areas of study include property service-life forecasting, depreciation estimation, and valuation of industrial property as of the following: Service Life Studies IOWA CURVES Survivor curves Net Salvage Studies Development of Depreciation Rates Assessment of Depreciation Reserves Estimation of Asset Retirement Obligations (SFAS 143 and FIN 47) Periodic studies of depreciation rates and practices are well overdue for NYPA so that the most current service life experience, net salvage trends, replacement activity, and technological and economic developments may be properly reflected in annual depreciation. Furthermore, this study is to determine that the methods used to calculate depreciation, and the life and net salvage analysis techniques employed, are the same generally accepted methods and techniques that are used throughout the Utility Industry. The definition of depreciation to be used is the same as that used by the Federal Energy Regulatory Commission (FERC) for electric companies/organizations etc.

A- Major Transmission Facilities

* St. Lawrence FDR Power Project

* Niagara Power Project

* Blenheim-Gilboa Pumped Storage Plant

* J.A. Fitzpatrick Nuclear Power Plant

* Massena-Marcy 765KV Transmission Line

* Marcy South 345KV Transmission Line

Major organization : NEW YORK POWER AUTHORITY

Address : 123 Main Street,

White Plains,

New York 10601

Attention: Margarita Soto

Country :United States

Email :

Url : http://

Tender notice number : Q15-5953MS

Notice type : Tender Notice

Open date : 2015-09-24

Tender documents : T29141752.pdf

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Publication:Mena Report
Date:Sep 4, 2015
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