GEMP definition

GEMP means the exercise of that degree of skill, diligence and prudence that would reasonably and ordinarily be expected from a skilled and experienced contractor applying the generally accepted standards for the construction of US independent (non-utility) power generation facilities of a type, condition and scale similar to the Equipment and the Equipment with respect to the engineering, procurement, manufacturing, fabrication, supply, delivery, commissioning and testing of power generation equipment, which includes Applicable Laws. GEMP are not intended to be limited to the optimum practices, methods, techniques or standards to the exclusion of all others, but rather to be a spectrum of reasonable and prudent practices, methods, techniques and standards employed by the US independent (non-utility) power generation engineering and equipment industries.