Sec. 32.2003  Telecommunications plant under construction.

    (a) This account shall include the original cost of construction 
projects. (Note also Sec. 32.2000(c).)
    (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 shall be 
transferred to Account 2006, Nonoperating Plant, without further 
direction or approval of this Commission. If a project is abandoned, the 
cost included in this account shall be charged to Account 7370, Special 
Charges.
    (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]

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