THE BOARD AGREES TO. a. Act as the Consumer- University’s utility operations will purchase and receive from Prairieland, Fuels, Electric Power, Ancillary Services, and Utility Services which the University’s utility operations may require. b. Act as the Supplier- University’s utility operations will supply and deliver to Prairieland, electric power, chilled water, steam, and ancillary services which Prairieland may need for delivery to be made at the Point(s) of Delivery as contained in Prairieland’s customer service records. c. Assign staffing to be responsible for Prairieland’s day to day operations and for the oversight of the performance of the obligations of Prairieland as stated in this Agreement. This staffing will perform the management, administration, purchasing, accounting, financial and risk management, and retail functions for Prairieland. No separate charges will be assessed to Prairieland for this staffing. d. Assign the University’s utilities operations to be the consumer and/or supplier interface to Prairieland to manage the relationship and energy commodity procurement activities with Prairieland. The University’s utilities operations will provide an approved annual energy commodities procurement plan and/or approved utility rates for Prairieland to use in its annual budgeting and rate setting process. The University’s utilities operations will approve Prairieland’s use of forward or financial instruments in the purchase of commodities for future delivery. e. Provide Prairieland with certain other business services for which no separate charges will be assessed. Such services will include, but not be limited to legal, cash management, accounting, risk management, auditing, tax, and office space and support, on a regular or ad hoc basis. f. Make available to Prairieland other support services from University departments such as telephone service, central stores, printing, information technology, etc. For these services, Prairieland agrees to reimburse the University at rates charged to University auxiliary operations. g. Provide property insurance, general liability, excess general liability, and Directors and Officers liability coverage under the University self-insurance plan for space and University employees serving as Directors and Officers. Prairieland will purchase commercial coverage for non- University Directors and Officers. Cost for the coverage provided will be allocated to the University on a pro-rata share basis.
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Sources: Procurement Services Agreement
THE BOARD AGREES TO. a. Act as the Consumer- University’s utility operations will purchase and receive from Prairieland, Fuels, Electric Power, and Ancillary Services, and Utility Services which the University’s utility operations may require.
b. Act as the Supplier- University’s utility operations will supply and deliver to Prairieland, electric power, chilled water, steam, and ancillary services steam which Prairieland may need for delivery to be made at the Point(s) of Delivery as contained in Prairieland’s customer service records.
c. Assign staffing to be responsible for Prairieland’s day to day operations and for the oversight of the performance of the obligations of Prairieland as stated in this Agreement. This staffing will perform the management, administration, purchasing, accounting, financial and risk management, and retail functions for Prairieland. No separate charges will be assessed to Prairieland for this staffing.
d. Assign the University’s utilities operations to be the consumer and/or supplier interface to Prairieland to manage the relationship and energy commodity procurement activities with Prairieland. The University’s utilities operations will provide an approved annual energy commodities procurement plan and/or approved utility rates for Prairieland to use in its annual budgeting and rate setting process. The University’s utilities operations will approve Prairieland’s use of forward or financial instruments in the purchase of commodities for future delivery.
e. Provide Prairieland with certain other business services for which no separate charges will be assessed. Such services will include, but not be limited to legal, cash management, accounting, risk management, auditing, tax, and office space and support, on a regular or ad hoc basis.
f. Make available to Prairieland other support services from University departments such as telephone service, central stores, printing, information technology, etc. For these services, Prairieland agrees to reimburse the University at rates charged to University auxiliary operations.
g. Provide property insurance, general liability, excess general liability, and Directors and Officers liability coverage under the University self-insurance plan plan, commercial coverage, or a combination of self-insurance and commercial insurance for space Prairieland, its directors, officers, and University employees serving as Directors and Officers. Prairieland will purchase commercial coverage for non- University Directors and Officersagents. Cost for the coverage provided will be allocated to the University Prairieland on a pro-rata share basis.
Appears in 1 contract
THE BOARD AGREES TO. a. Act as the Consumer- University’s utility operations will purchase and receive from Prairieland, Fuels, Electric Power, and Ancillary Services, and Utility Services which the University’s utility operations may require.
b. Act as the Supplier- University’s utility operations will supply and deliver to Prairieland, electric power, chilled water, and steam, and ancillary services which Prairieland may need for delivery to be made at the Point(s) of Delivery as contained in Prairieland’s customer service records.
c. Assign staffing to be responsible for Prairieland’s day to day operations and for the oversight of the performance of the obligations of Prairieland as stated in this Agreement. This staffing will perform the management, administration, purchasing, accounting, financial and risk management, and retail functions for Prairieland. No separate charges will be assessed to Prairieland for this staffing.
d. Assign the University’s utilities operations to be the consumer and/or supplier interface to Prairieland to manage the relationship and energy commodity procurement activities with Prairieland. The University’s utilities operations will provide an approved annual energy commodities procurement plan and/or approved utility rates for Prairieland to use in its annual budgeting and rate setting process. The University’s utilities operations will approve Prairieland’s use of forward or financial instruments in the purchase of commodities for future delivery.
e. Provide Prairieland with certain other business services for which no separate charges will be assessed. Such services will include, but not be limited to legal, cash management, accounting, risk management, auditing, tax, and office space and support, on a regular or ad hoc basis.
f. Make available to Prairieland other support services from University departments such as telephone service, central stores, printing, information technology, etc. For these services, Prairieland ▇▇▇▇▇▇▇▇▇▇▇ agrees to reimburse the University at rates charged to University auxiliary operations.
g. Provide property insurance, general liability, excess general liability, and Directors and Officers liability coverage under the University self-insurance plan for space and University employees serving as Directors and Officers. Prairieland will purchase purchase, commercial coverage for non- non-University Directors and Officers. , or a combination of self- insurance and commercial insurance for Prairieland, its directors, officers, and agents. Cost for the coverage provided will be allocated to the University Prairieland on a pro-rata share basis.
Appears in 1 contract