Minimum Availability Standards Clause Samples
The Minimum Availability Standards clause sets a required baseline for the uptime or operational availability of a service or system. Typically, it specifies a percentage of time (such as 99.9%) during which the service must be accessible and functioning as intended, often measured over a monthly or yearly period. This clause ensures that service providers maintain a consistent and reliable level of performance, protecting users from excessive downtime and providing recourse if standards are not met.
Minimum Availability Standards. The ISO developed the Minimum Availability Standard(s) set forth below for each RMR Generator based on (a) the RMR Generator’s historical performance, (b) any deferred maintenance, repair or capital expenditure costs that are included in RMR Avoidable Costs for an RMR Generator that can reasonably be expected to improve the RMR Generator’s availability, and (c) other factors that are specific to the particular RMR Generator for which the Minimum Availability Standard was developed. [ADD TABLE WITH THE MINIMUM AVAILABILITY STANDARD THAT THE ISO WILL APPLY TO EACH RMR GENERATOR THAT IS SUBJECT TO THE RMR AGREEMENT.]