Common use of Purpose of AMF Clause in Contracts

Purpose of AMF. Another component of the Restoration Project will be an Adaptive Management Fund (AMF) to implement actions developed under the AMP. The Parties agree that the purpose of the AMF is to provide a readily available source of money to be used for possible future changes in the Restoration Project. The AMF shall be used only for Restoration Project purposes directly associated with FERC Project No. 1121 including compensation for prescribed instream flow release increases after the exhaustion or termination of the WAF. The AMF shall be administered pursuant to the AMF protocols. The AMF shall be used to fund unforeseen changes, including changes in the design of the fish screen and/or ladders built as a part of the Restoration Project to improve biological effectiveness and which meet NMFS’ adopted criteria. The AMF shall not be used to fund monitoring or construction cost overruns.