Section 1098 Of Article 5. Electrical And Gas Corporations From California Public Utilities Code >> Division 1. >> Part 1. >> Chapter 5. >> Article 5.
1098
. Throughout the design and construction process, the
corporation shall submit quarterly progress reports to the commission
and the construction project board of consultants on the status of
the project. The corporation shall provide complete information on
any major problems and deviations in the areas for which an
electrical or gas corporation is required to submit information
pursuant to Section 1003 or 1003.5.
The corporation shall provide the commission and the board with
reports each month containing the following information for each of
the major cost categories within the project and for the project as a
whole:
(a) The original estimated costs as of the time of certification.
(b) The actual costs to date.
(c) The percentage of the work completed to date.
(d) The estimated costs to completion.
(e) The costs associated with changes made by regulatory bodies to
the scope or design of the project.
If the actual costs to date or the estimated costs to completion
for any major cost category, or the project as a whole, exceed the
original estimated costs by 10 percent, the corporation shall advise
the board and the commission of this fact, and provide the commission
and the board with an explanation and a proposal for corrective
action. The commission shall consult with the board in determining
whether to order corrective action. The board shall submit quarterly
reports to the commission and to the corporation if it determines
that a potential for major problems exists.