Common use of O&M Costs Clause in Contracts

O&M Costs. No later than 90 days after the completion of the annual independent audit or March 31st, DC Water shall prepare an annual bill for the purpose of reconciling payments made during the year by Fairfax and WSSC. This bill shall be based upon the actual costs incurred by each Party; such information to be provided to DC Water by Fairfax and WSSC within 30 days after the close of each DC Water fiscal year.

Appears in 2 contracts

Sources: Operating Agreement, Operating Agreement

O&M Costs. No later than 90 days after the completion of the annual independent audit or March 31st, DC Water shall prepare an annual bill ▇▇▇▇ for the purpose of reconciling payments made during the year by Fairfax and WSSC. This bill ▇▇▇▇ shall be based upon the actual costs incurred by each Party; such information to be provided to DC Water by Fairfax and WSSC within 30 days after the close of each DC Water fiscal year.

Appears in 1 contract

Sources: Intermunicipal Agreement