Project Cost Allocation definition

Project Cost Allocation. The dollar figure estimate for a Developer’s share of the cost of the System Upgrade Facilities required for the reliable interconnection of its Project to the New York State Transmission System or to the Distribution System and/or the share of the cost of the System Deliverability Upgrades required for the Developer’s Project to meet the NYISO Deliverability Interconnection Standard.
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Project Cost Allocation. The dollar figure estimate for a Developer’s share of the cost of the System Upgrade Facilities required for the reliable interconnection of its project to the New York State Transmission System or to the Distribution System and/or the share of the cost of the System Deliverability Upgrades required for the Developer’s project to meet the NYISO Deliverability Interconnection Standard. Revised Project Cost Allocation: The revised dollar figure cost estimate and related information provided by the ISO to a Developer following receipt by the ISO of a Non- Acceptance Notice, or upon the occurrence of a Security Posting Default by another member of the respective Class Year. Security: Under the interconnection facilities cost allocation rules set out in this Attachment S, a Developer must signify its willingness to pay the Connecting Transmission Owner and Affected Transmission Owner(s) for the Developer’s share of the required System Upgrade Facilities and System Deliverability Upgrades by posting Security for the full amount of the Developer’s share within a specified time frame. The Security can be a bond, irrevocable letter of credit, parent company guarantee or other form of security from an entity with an investment grade rating, executed for the benefit of the Connecting Transmission Owner and Affected Transmission Owner(s), meeting the requirements of this Attachment S, and meeting the commercially reasonable requirements of the Connecting Transmission Owner and Affected Transmission Owner(s). Security Posting Default: A failure by one or more Developers to post Security as required by this Attachment S. Subsequent Decision Period: A seven calendar day period within which a Developer must provide an Acceptance Notice or Non-Acceptance Notice to the ISO in response to the Revised Project Cost Allocation issued by the ISO to the Developer.
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Project Cost Allocation means the Project Costs allocated to the Participants in the Annual Budget.
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Examples of Project Cost Allocation in a sentence

  • If the LGIA is executed prior to the completion of the Class Year Study, the Developer must agree, in the LGIA, that in the Class Year decision process, it will accept the Project Cost Allocation and post Security for any System Upgrade Facilities that are identified and cost allocated in the Class Year Study even if such Project Cost Allocations exceed the estimates included in the LGIA and include equipment not identified in the LGIA.

  • The Developer executing an LGIA prior to the completion of a Class Year Study cannot participate as an Installed Capacity Supplier until after the Class Year Study is completed and (1) the project is deemed deliverable and accepts its deliverable megawatts; or (2) the Developer accepts its Project Cost Allocation and posts Security for any required System Deliverability Upgrades.

  • Contingent Facilities shall mean those Attachment Facilities and System Upgrade Facilities and/or System Deliverability Upgrades associated with Class Year Projects upon which the Large Facility’s Class Year Project Cost Allocations are dependent, and if delayed or not built, could impact the actual costs and timing of the Large Facility’s Project Cost Allocation for System Upgrade Facilities or System Deliverability Upgrades.

  • If Berrians III, as a member of Class Year 2010, accepts its Project Cost Allocation and posts Security pursuant to the cost allocation rules contained in Attachment S to the NYISO OATT, and proceeds to negotiate a Large Generator Interconnection Agreement, the mechanism for invoicing Berrians for the cost of its interconnection, as determined by Attachment S, will be contained in the Large Generator Interconnection Agreement negotiated among the Connecting Transmission Owner, NYISO and Berrians III.

  • If the final Project Cost Allocation is less than the Security that Developer has provided, the Connecting Transmission Owner shall return the excess Security to the Developer.

  • Initial Decision Period: The 30 calendar day period within which a Developer must provide an Acceptance Notice or Non-Acceptance Notice to the ISO in response to the first Project Cost Allocation issued by the ISO to the Developer.

  • If SDUs are identified in the Class Year System Deliverability Study for the Class Year that commences after the completion of Class Year 2015 and Developer accepts its Project Cost Allocation and posts Security for such SDUs, the Parties shall amend this Agreement, pursuant to Articles 29.11 and 29.12, to reflect the SDUs identified in the System Deliverability Study.

  • The notice by which a Developer communicates to the ISO its decision not to accept a Project Cost Allocation or Revised Project Cost Allocation.

  • Connecting Transmission Owner’s Attachment Contingent Facilities shall mean those Attachment Facilities and System Upgrade Facilities and/or System Deliverability Upgrades associated with Class Year Projects upon which the Large Facility’s Class Year Project Cost Allocations are dependent, and if delayed or not built, could impact the actual costs and timing of the Large Facility’s Project Cost Allocation for System Upgrade Facilities or System Deliverability Upgrades.

  • Contemporaneous with the execution of this Agreement, the Developer will provide the Connecting Transmission Owner with Security to satisfy its estimated Project Cost Allocation for its share of the required System Upgrade Facilities for Class Year 2015.


More Definitions of Project Cost Allocation

Project Cost Allocation means the percentage of the total cost of StormFest assigned to each Party; the percentage assigned to each Party shall be equivalent to each Party’s percentage-share of student enrollment provided by Highline School District for the prior year (i.e. the percentages for the 2020 StormFest event are based on the 2018- 2019 school year enrollment numbers). By way of example, if 42% of all Highline School District students reside in Des Moines, then Des Moines’ Project Cost Allocation shall be 42% of the total cost of StormFest.
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Project Cost Allocation shall have the meaning specified in Section 25 (Attachment S) of the ISO’s Open Access Transmission Tariff. For purposes of Section 23.4.5 of this Attachment H, “Responsible Market Party” shall mean the Market Party that is authorized, in accordance with ISO Procedures, to submit offers in an ICAP Spot Market Auction to sell Unforced Capacity from a specified Installed Capacity Supplier.
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Related to Project Cost Allocation

  • Cost Allocation Plan means central service cost allocation plan, public assistance cost allocation plan, and indirect cost rate proposal. Each of these terms are further defined in this section.

  • Project Costs means the costs of the construction, acquisition or equipping of the Project, as further described in the Project Budget, and such other costs as may be approved in writing by the Department, provided such costs are permitted by the Act.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Asset Allocation The following single issuer limits shall apply on a market value basis, with exception of Money-Market funds and US Government guaranteed securities, which may be held without limit: