Common use of Facilities Study (FS) Clause in Contracts

Facilities Study (FS). Following the completion of the SIS, AEP shall provide to the Customer a Facilities Study (FS) Agreement. The Facilities Study Agreement shall provide that the Customer shall compensate AEP for the actual cost of the Facilities Study. The Customer shall execute the Facilities Study Agreement and deliver the executed Facilities Study Agreement to AEP within thirty (30) days following its receipt, together with the required technical data and deposit in an amount equal to the estimated cost of the FS or