Examples of Index Price in a sentence
The Market Index Price is determined in accordance with Section T of the Balancing and Settlement Code.
Products and Services Spot-Market Price The Spot-Market Price shall consist of a firm mark-up adder for transportation and delivery of fuel to each location, this price to be in excess of an open and transparent market index price, or price point (for example, NYH Barge Mean Index Price for ULSHO).
All fees for service shall be included in the mark-up adder, such that this price may be added to the market Index Price to determine the delivered cost of fuel to the University.
Under this approach, The University would contractually commit to only the mark-up adder and the market Index Price would float.Option to lock: Bidders shall agree to provide the University the option to lock fuel products at the best then-current market rate for the remainder of the contract term on a best efforts basis.
CAP107 Working Group Alternative Amendment B (CAP107B) The Working Group developed a further alternative, CAP107B, under which REP is based on the Market Index Price (MIP)8 adjusted by defined multipliers9, as a proxy for SBP and SSP.