Benchmark option definition

Benchmark option means an energy resource against which bids in an open bid
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Benchmark option means an energy resource against which bids in an open bid process may be evaluated that:
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Examples of Benchmark option in a sentence

  • Analyze the Benchmark option for reasonableness and consistency with the Solicitation Process.

  • For the Owner’s changes, prudence rules would apply, similar to changes in a Benchmark option.

  • The Company clarifies that where it has negotiated a purchase option to bid a Benchmark option, these same resources (projects) will not be permitted to be offered directly into the 2022AS RFP solicitation as either PPAs or BTAs.

  • PacifiCorp will not be submitting a self-build, or Benchmark, option in this RFP or accepting bids from any PacifiCorp affiliate in this RFP.

  • It appeared based on the best and final offers that the Benchmark option at Lake Side and the CH2MHill option at Lake Side were the lowest cost and most efficient resource options.

  • The development of initial screening and evaluation criteria that take into consideration the assumptions included in the soliciting utility's most recent IRP, any recently filed IRP update, any Commission Order on the IRP or IRP update and its Benchmark option; o.

  • The arbitration led to a patently excessive award, amounting to more than double the combined budgets of three of the most important spending ministries in the Nigerian government and representing close a third of the entire national budget of Nigeria.

  • Benchmark option 4 - borrower’s rate (with option of borrower’s rate minus a margin, e.g. 25%) but if not available DDR Pros and cons(notes from discussions in the Task Team)QuestionsPros For borrower’s rate minus a margin, the margin could meet the criterion “significantly below”.

  • Our issue with the Benchmark option was that it had a different cost and risk profile as compared to third-party bidders.

  • Benchmark option 2 - the OECD Differentiated Discount Rates5 Pros and cons (notes from discussions in theTask Team)QuestionsPros Calculated for the purposes of the Arrangement and available for 15 currencies for all maturities.For loans with long maturities, DDRs are published for four different maturity categories while there is only one CIRR for loans with a maturity above 8.5 years.

Related to Benchmark option

  • SAR means a stock appreciation right granted under the Plan.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.