§  32.2003   Telecommunications plant under construction.

   (a) This account shall include the original cost of construction
   projects (note also § 32.2000(c)) of this part and the cost of software
   development projects that are not yet ready for their intended use.

   (b) There may be charged directly to the appropriate plant accounts the
   cost of any construction project which is estimated to be completed and
   ready for service within two months from the date on which the project
   was begun. There may also be charged directly to the plant accounts the
   cost of any construction project for which the gross additions to plant
   are estimated to amount to less than $100,000.

   (c) If a construction project has been suspended for six months or
   more, the cost of the project included in this account may remain in
   this account so long as the carrier excludes the original cost and
   associated depreciation from its ratebase and ratemaking considerations
   and reports those amounts in reports filed with the Commission pursuant
   to § § 43.21(e)(1) and 43.21(e)(2) of this chapter. If a project is
   abandoned, the cost included in this account shall be charged to
   Account 7300, Nonoperating income and expense.

   (d) When any telecommunications plant, the cost of which has been
   included in this account, is completed ready for service, the cost
   thereof shall be credited to this account and charged to the
   appropriate telecommunications plant or other accounts.

   [ 51 FR 43499 , Dec. 2, 1986, as amended at  60 FR 12138 , Mar. 6, 1995;  64 FR 50007 , Sept. 15, 1999;  65 FR 16335 , Mar. 28, 2000;  67 FR 5685 , Feb.
   6, 2002]