Common use of Generation Facilities Clause in Contracts

Generation Facilities. (1) This para- graph (e) covers all portions of a gener- ating plant including plant buildings, the generator step-up transformer, and the transmission switchyard at a gen- erating plant. Warehouses and equip- ment service buildings not associated with generation plants are covered under paragraph (f) of this section. (2) The borrower shall obtain RUS approval, prior to issuing invitations to bid, of the terms and conditions for all generating plant equipment or con- struction contracts which will cost $5,000,000 or more. Unless RUS approval is required by paragraph (a) of this sec- tion, plans and specifications for gener- ating plant equipment and construc- tion do not require RUS approval.

Generation Facilities. (1) This para- graph (e) covers all portions of a gener- ating plant including plant buildings, the generator step-up transformer, and the transmission switchyard at a gen- erating plant. Warehouses and equip- ment service buildings not associated with generation plants are covered under paragraph (f) of this section. (2) The borrower shall obtain RUS approval, prior to issuing invitations to bid, of the terms and conditions for all generating plant equipment or con- struction contracts which will cost $5,000,000 1,500,000 or more. Unless RUS approval is required by paragraph (a) of this sec- tion, plans and specifications for gener- ating plant equipment and construc- tion do not require RUS approval.