NMP2 Oversight. (i) administering, managing and providing strategic advice, as requested, in connection with LIPA’s co-ownership interest in NMP2, including: participating in meetings of the joint owners of NMP2; on site representation; budget versus actual analysis of these operations (including both O&M and capital); developing bi-monthly call for funds reports, monitoring and reviewing the Nuclear Regulatory Commission required ARO (Asset Retirement Obligation) calculation (prepared every five (5) years); reviewing the monthly reporting package to assist LIPA’s financial staff in understanding the operations of the facility; providing assistance in determining the annual funding requirements for LIPA’s nuclear decommissioning trust funds; and providing financial data for LIPA financial statements and reporting requirements.
Appears in 2 contracts
Sources: Operations Services Agreement, Operations Services Agreement