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<br /> <br />Page 5 <br /> <br />2. COST OF CONSTRUCTING, OPEHATDm AND HATIITAI.HING THE PROJEcr <br /> <br />The cost or constructing, opcrsting and maintaining the Colorado River <br />Storage Project and participatinc projects 1s reflected on the folloYM <br />ing pages. Additional inf~rnation pertaining to this subject can be <br />obtained froo. the following exhibits and supporting 5chedules round <br />later in this report: <br />Exhibit A Comparative balance sheet as of June 30, 1968 aod <br />June 30, 1967 <br />E::.h:ibit B - Statement of source and application of funds and <br />other credits as of J~~e 30, 1968 <br /> <br />Coo3tn:.cti::m <br />l.ejor construc~i~n juring FY 1~68 on ~he st~l~ge units and partici- <br />pating projects includes the folloving significant cont~ct earnings: <br /> <br />Curecar.ti Unit: Johnson-!~rrison-:~ulsen} the pri~e contractor for <br />Horra... Point ram aod. PO'Je:planc, earned $2,464,149 oluring the year. <br /> <br />Bonneville Unit - Central Utah Project: Goodfello'W Bros., Inc., the <br />pri~e contractor on the Starvation Darn and Access Read earned $3,307,201 <br />during the fiscal year. ',-i. .i. Clyde, contractor for the Starvation Feed- <br />er Co~duit, earned $lJ054,160. <br />BostYick Park Project: Johnson Coo3truction Company, the pri~e contrac- <br />tor on Silver Jack Dam earned $1,050,589 during FY 1968. <br />Lyman Project: The pr1:ne contractor on Meeks Cabin IB.':1.J :'1."(-,'. Clyde, <br />earned $999,000 during the fiscal year. <br /> <br />eration and ~Bintenance <br />Dering FY 1 the sale of filU and non-firm energy increased 3l~ over <br />FY 1967. Tbe fir~t of two 30,000 kw generating units of the Blue Mesa <br />powerplant, Curecanti Unit, began camnercial operation on September 13, <br />1967. The second unit vent on the line 00 November 11J 1967. The 10,000 <br />kv unit of the Fontenelle powerplant began co~ercial pover production <br />on !hj' 24J 1968. <br />Sig:lificant transactions affecting the Colomio River StoraGe Project <br />po~er system follow: <br />A 100,000 trVA autotransfo~er was purchased for the <br />Glen Ca:1yon swi tchyard. Total cost <br /> <br />$171,619 <br /> <br />7he ::dcro'lo"8ve fscili ties bet\;een Hontrose 1 Colorado <br />cO:1trol office snl the Curecanti substation, Colorado <br />were sold to the !>buntai:1 States Telephone and Tele- <br />.srnPh COtlpan)' under Contract :10. 14-06-400-4311 dated <br />0/23/66 and Surplus Property Disposal PrOcedures for <br />The original cost of movable equipment retired during <br />IT 1968 was <br /> <br />$200,000 <br /> <br />$217,646 <br /> <br />7.he cost of movable equipment purchased as replacement <br />i ter.lS totalled <br /> <br />$ 49J500 <br /> <br />