Oil Machine Power Generation Services Clause Samples
The 'Oil Machine Power Generation Services' clause defines the terms under which a party provides services related to generating power using oil-fueled machinery. This typically covers the installation, operation, and maintenance of oil-powered generators, specifying responsibilities such as fuel supply, performance standards, and service schedules. By clearly outlining these obligations, the clause ensures reliable power generation and allocates operational risks between the service provider and the client.
Oil Machine Power Generation Services. The Parties’ provincial companies shall negotiate to provide the oil machine power generation service on a lump-sum or frequency basis. The telecom companies’ municipal companies shall confirm in the Product Confirmation Order if they will purchase the oil machine power generation services from China Tower:
(a) on a lump-sum basis: The Parties’ provincial companies shall negotiate to determine the lump-sum service price and settlement, which shall be confirmed by the Parties’ municipal companies in the Product Confirmation Order.
(b) on a frequency basis: The Parties’ provincial companies shall negotiate to determine the price for single-time power generation service. The formula is as follows: Single-time service price = single-time power generation cost ① × (1 + markup margin rate ②) ① Single-time power generation cost: The Parties’ provincial companies can calculate and determine the single-time power generation cost with reference to the following formula: Single-time power generation cost = base price for single-time power generation + oil cost for power generation per hour × power generation duration + vehicle usage fee per kilometer × number of kilometers The Parties’ provincial companies shall determine the related parameters with reference to the third-party power generation prices.