Common use of COST CONSIDERATIONS Clause in Contracts

COST CONSIDERATIONS. 1. The plan developed pursuant to Section D.5 shall address at a minimum the following criteria: a. The estimated Capital Costs and O&M Costs and cost basis of any proposed facilities (whether new or modified at Blue Plains or at any other facilities or sites) shall be consistent with the MJUFs and cost allocations, as defined in Section 5; b. The proposed allocation of Capital Costs and O&M Costs; c. The anticipated schedule for when funds to support these actions are likely to be needed. 2. The rental or sale of Allocated Flow Capacity shall be at the discretion of the Party which is providing the Allocated Flow Capacity for rent or sale. 3. The Parties to the rental or sale transaction shall mutually agree on the cost basis for the rental or sale of Allocated Flow Capacity.

Appears in 2 contracts

Sources: Intermunicipal Agreement, Intermunicipal Agreement