ALP and the State of Colorado Interest During Construction Walkthrough

FIN 07 -2 -10 -A Attachment A Figure l Page 2 of 3
(c) Multiply the result in (a) by the current year's conversion
percentage.
(d) Subtract the current year's Miscellaneous Revenues applicable
to this reimbursable function from the result in (c) to arrive at the
current year net disbursements.
(e) Determine the cumulative results of (d).
(f) Determine the Federal investment basis by adding one -half of
the result in (d) to the prior year cumulative results in (e) plus the
prior year cumulative IDC in (h) below (if compound IDC
applies).
(g) Multiply the basis in (f) by the applicable interest rate for this
reimbursable function.
(h) Determine the cumulative results of (g).
(2) For single purpose reimbursable costs proceed as in (1) above with a
100 percent reimbursable allocation percentage.
2. TRAN FERS
A. or transfers within construction work in progress, but between different purposes, a
col mn will have to be added to that year's IDC calculation to allow for calculating the
pro ata transfer of net disbursements and IDC.
B. hen transfers to plant occur, a column(s) will also have to be added to that year's IDC
cal lation to allow for calculating the prorata amount of IDC to be transferred and for
cal lating the prorata amount of net disbursements to be removed.
(1) If the transfer occurred this year but was effective as of the end of the prior
year, deduct the prorata share of disbursements and IDC before calculating the
current year's IDC.
(2) If the transfer is effective as of the end of the current year, determine the
prorata amounts after calculating IDC for the current year.
(3) if the transfer is effective in the middle of the year, a second column will
have to be added to enable the calculation of IDC both before and after the
transfer for the current year.
3. NON - FIEDERAL CONTRIBUTIONS
The method of handling them will be dictated by the repayment contract and/or authorizing legislation.
The IDC spreadsheet should be adapted to fit the specific needs of the project. The governing criteria for
the adapt ion is that IDC should be calculated and accrued only on the reimbursable portion of Federal
net disbursements.
http://ww*.Ltsbr.gov/recman/fin/fin07-20-1 Dal .html 12/21/2011