Drop a screw in one of the "exixsting" nut plates and another in the "bling" nut plate with the spinner off. Measure with dividers. Install the spinner and put a piece of metal tape about where the blind nutplate is. Scribe and arc. Disassemble and repeat from a different repeatable location (another known nutplate) This second location is to get a "fix" on the first arc. Assemble and repeat. Drill undersize to be sure, open up as required.
This system works well picking up a line of covered holes, with the difference being using an AD rivet to center the dividers in the blind hole, and scribing an arc out in the open on metal tape. Cover the holes with the sheet you want to drill and pick two points off the arc to put a fix on the hole. This is more accurate than hole finders.
Measurement is the enemy of precision. I tell my new guys to leave the ruler put away and get the playdough and dividers out.
