Billing Reports; Invoices Clause Samples
Billing Reports; Invoices. As soon as practicable after the end of each Month, but in any case within thirty (30) days after the end of each Month, Operator shall provide Owner with a Billing Report for the Facility setting forth the Services provided to the Facility, the Actual Operating Expenses incurred during such Month, with reasonable detail regarding the nature and amount of each such Actual Operating Expense, and a comparison between the amount of each Actual Operating Expense incurred during such Month and the amount set forth in the estimate provided by Operator for such Month pursuant to Section 8.5. Each Billing Report shall only be with respect to this Agreement and the Actual Operating Expenses hereunder (and shall exclude any costs and expenses related to any other operation and maintenance agreement or any management service or similar agreement or arrangement) and shall be accompanied by reasonable detail to verify the Actual Operating Expenses were properly incurred, including appropriate time records, receipts, cost accounting coding, and other information as Owner may reasonably request to verify that the Operating Expenses were properly incurred. Concurrently with each Billing Report, Operator shall also provide Owner with an invoice, with undisputed amounts payable by Owner within thirty (30) days of receipt, reflecting:
(a) the O&M Fee due under Article IX; and
(b) the Operating Expenses in that Month for the Facility to the extent not paid directly by Owner.
Billing Reports; Invoices. As soon as practicable after the end of each Month, but in any case within thirty (30) days after the end of each Month, Operator shall provide Owner with a Billing Report for the Facility setting forth the Services provided to the Facility, the Actual Operating Expenses incurred during such Month, and a comparison between the Actual Operating Expenses incurred during such Month and the amount set forth in the estimate provided by Operator for such Month. Each Billing Report shall be accompanied by appropriate time records, receipts, cost accounting coding, and other information as Owner may reasonably request to verify that the Operating Expenses were properly incurred. Operator shall also provide Owner with an invoice, payable by Owner within thirty (30) days of receipt, reflecting:
(a) fees and bonuses due under Article IX;
(b) the O&M Employees monthly Labor Costs for the Facility; and
(c) the Operating Expenses in that Month for the Facility to the extent not paid directly by Owner.
Billing Reports; Invoices. As soon as practicable after the end of each Month, but in any case within ten (10) days after the end of each Month, Operator shall provide the Owner with a Billing Report for the Facility setting forth the Services provided to the Facility, the Actual Operating Expenses incurred during such Month, and a comparison between the Actual Operating Expenses incurred during such Month and the amount set forth in the Budget provided by Operator for such Month. Each Billing Report shall be accompanied by appropriate time records, receipts, cost accounting coding, and other information as Owner or Comptroller may reasonably request to verify that the Operating Expenses were properly incurred. Operator shall also provide Owner with an invoice, payable by Owner within twenty (20) days of receipt, reflecting :
(a) the monthly Operating Fee due under Section 9.1;
(b) if applicable, the Availability Bonus or Availability Damages due in that Month for the Facility; and
(c) if applicable, the Heat Rate Bonus or Heat Rate Damages due in that Month for the Facility; and
(d) if applicable, the Budget Bonus or Budget Overrun due in that Month for the Facility; and
(e) the Operating Expenses in that Month for the Facility.
Billing Reports; Invoices. As soon as practicable after the end of each calendar quarter, but in any case within thirty (30) days after the end of each calendar quarter, Operator shall provide Owner with a billing report for the Facility setting forth the Services provided to the Facility, the actual operating expenses incurred during such calendar quarter (including GCEH Overhead and Facility Personnel costs that were incurred), and a comparison between the actual operating expenses incurred during such calendar quarter (including and the amount set forth in the estimate provided by Operator for such calendar quarter. Each Billing Report shall be accompanied by appropriate time records, receipts, cost accounting coding, and other information as Owner may reasonably request to verify that the Operating Expenses and Facility Personnel costs were properly incurred. Operator shall also provide Owner with an invoice, payable by Owner within thirty (30) days of receipt, reflecting the Operating Expenses in that quarter for the Facility to the extent not paid directly by Owner.