CWIP definition

CWIP is the amount of construction work in progress, as properly recorded in Account 107 for construction projects associated with the Subject Resource related solely and directly to pollution control for the Subject Resource.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

CWIP means the construction work in progress balance, solely related to the Purchased Assets, that would be included in account 107 in accordance with FERC 18 CFR.

CWIP means construction work in progress.

Examples of CWIP in a sentence

• S = The salvage value, if any, of the Capital Items included in the calculation of either NCI or CWIP.

• In calculating CWIP, the cost of each Capital Item shall be multiplied by the Surcharge Payment Factor applicable to that Capital Item.

• CWIP = The actual cost, at the date the Unit Closed, of Capital Items for the Closed Unit which were approved in accordance with Section 7.4 or 7.6, as applicable, but were not in service at the date the Unit Closed, plus the cost to pay or terminate any remaining obligations incurred in connection with installation of the Capital Items.

• Expected Allocation Factors - 1) gross plant-in-service plus CWIP.

• Project design activities must be completed in accordance with the Department of Environmental Conservation’s (DEC) CWIP funding policy and include all applicable milestones and deliverables.

More Definitions of CWIP

CWIP means those assets which are recorded as construction work in progress on a public utility's books of accounts maintained in accordance with the applicable regulations and orders of the Commission.

CWIP means amounts expended or invested in connection with construction work in progress, i.e. amounts expended or invested in Project facilities that have not yet gone into service or become operational.

CWIP means those assets which are recorded as

CWIP has the meaning set forth in the definition of "Improvements".

CWIP means SAWS Central Water Integration Project.

CWIP means Construction Work in Progress, an asset account in which the value of assets under construction is recorded.

CWIP shall have the meaning in FERC chart of accounts, Account 107, Construction work in progress--Electric.