Common use of Substantiated Additional Costs Clause in Contracts

Substantiated Additional Costs. During the Term of this Agreement an RMR Generator that is providing service under an APR or an Owner Developed Rate may require additional Capital Expenditures or other RMR Avoidable Costs that could not have been reasonably anticipated, and are not included in or scheduled to be recovered as components of an RMR Generators RMR Avoidable Costs, or its Owner Developed Rate or its Variable Costs (hereafter, “Substantiated Additional Costs”). Before it may permit recovery of Substantiated Additional Costs, the ISO must first determine that (1) the Substantiated Additional Costs could not have been reasonably anticipated by Owner and included in this RMR Agreement, and (2) the Substantiated Additional Costs are necessary for the RMR Generator to continue to provide reliable service during the Term. The complete set of rules the ISO must follow when administering Proposed Additional Costs and Substantiated Additional Costs are set forth in Sections [XX] of the OATT. To permit expedient repairs toFor an RMR Generator that is providing service under an APR, the ISO is authorized by [Section [XX] of its Services Tariff] to allow up to [$10MM/$25MM] per year in actual, incurred and verified additional Capital Expenditures to be recovered as Substantiated Additional Costs. As with any Capital Expenditure, the ISO must limit recovery of such Substantiated Additional Costs to the actual, demonstrated costs incurred and may not begin repaying the Substantiated Additional Costs until the necessary addition, maintenance or repair is completed or enters service. The ISO shall submit an informational filing to FERC informing FERC of any Substantiated Additional Costs it includes in an RMR Generator’s APR. Substantiated Additional Costs (a) that involve RMR Avoidable Costs that are not Capital Expenditures, or (b) that exceed the ISO’s authority to authorize, or (c) that the ISO is not prepared to authorize without FERC review, or (d) any Substantiated Additional Costs that an RMR Generator that is subject to an Owner Developed Rate must incur, are not eligible for recovery under this Agreement unless and until they are filed with and accepted by FERC.

Substantiated Additional Costs. During the Term of this Agreement an RMR Generator that is providing service under an APR or an Owner Developed Rate may require additional Capital Expenditures or other RMR Avoidable Costs that could not have been reasonably anticipated, and are not included in or scheduled to be recovered as components of an RMR Generators RMR Avoidable Costs, or its Owner Developed Rate or its Variable Costs (hereafter, “Substantiated Additional Costs”). Before it may permit recovery of Substantiated Additional Costs, the ISO must first determine that (1) the Substantiated Additional Costs could not have been reasonably anticipated by Owner and included in this RMR Agreement, and (2) the Substantiated Additional Costs are necessary for the RMR Generator to continue to provide reliable service during the Term. The complete set of rules the ISO must follow when administering Proposed Additional Costs and Substantiated Additional Costs are set forth in under Sections [XX] 31.2.11.16 of the OATT. To permit expedient repairs toFor For an RMR Generator that is providing service under an APR, the ISO is authorized by [Section [XX] 31.2.11.16.3 of its Services Tariff] Attachment Y to the OATT to allow up to [$10MM/$25MM] per year event in actual, incurred and verified additional Capital Expenditures to be recovered as Substantiated Additional Costs. As with any Capital Expenditure, the ISO must limit recovery of such Substantiated Additional Costs to the actual, demonstrated costs incurred and may not begin repaying the Substantiated Additional Costs until the necessary addition, maintenance or repair is completed or enters service. The ISO shall submit an informational filing to FERC informing FERC of any Substantiated Additional Costs it includes in an RMR Generator’s APR. Substantiated Additional Costs (a) that involve RMR Avoidable Costs that are not Capital Expenditures, or (b) that exceed the ISO’s authority to authorize, or (c) that the ISO is not prepared to authorize without FERC review, or (d) any Substantiated Additional Costs that an RMR Generator that is subject to an Owner Developed Rate must incur, are not eligible for recovery under this Agreement unless and until they are filed with and accepted by FERC.