Evaluation of the Proposed Rate Sample Clauses

Evaluation of the Proposed Rate. The ULGPP is owned by the National Power Corporation (NPC)/PSALM but was built and operated by EDC by virtue of a Power Purchase Agreement (PPA). Pursuant to the Electric Power Industry Reform Act of 2001 or the EPIRA, PSALM is mandated to take possession and title over the NPC IPP contracts and to appoint qualified independent entities which shall act as the IPPAs following a public bidding in transparent and open manner. ERC Case No. 2015-019 RC ORDER/April 20, 2015 These IPPAs refer to qualified independent entities appointed . by PSALM to administer, conserve and manage the contracted energy output of the NPC IPP contracts, including the sale of contracted energy output of the said contracts and the offer of Ancillary Services (AS), if applicable. Sometime in 2013, PSALM bid out the Strips of Energy output of the ULGPP. It issued invitations to bid for the selection and appointment of IPPAs which shall manage and control the auctioned strips with each strip corresponding to the equivalent and associated energy of 1 MW of the ULGPP. Strip of Energy means the 1 MW of the ULGPP output. The sum of strips refers to the Strips of Energy totalling 240 MW, of which 200 MW was made available for bidding and 40 MW was retained by PSALM as security capacity. On January 29, 2014, the Strips of Energy were awarded to six
AutoNDA by SimpleDocs

Related to Evaluation of the Proposed Rate

  • Rate Redetermination for Market Change In the event of delay or interruption, exceeding 90 days, under B8.33, Contracting Officer shall make an appraisal to determine for each species the difference between the appraised unit value of Included Timber immediately prior to the delay or interruption and the appraised unit value of Included Timber immediately after the delay or interruption. The appraisal shall be done after any rate redetermination done pursuant to B3.31, using remaining volumes. Tentative Rates and Flat Rates in effect at the time of delay or interruption or established pursuant to B3.31 will be reduced, if appraised rates declined during the delay or interruption, to become Current Contract Rates. Increases in rates will not be considered. Accordingly, Base Rates shall be adjusted to correspond to the redetermined rates if redetermined rates are less than the original Base Rates, subject to a new Base Rate limitation of the cost of essential reforestation or 25 cents per hundred cubic feet or equivalent, whichever is larger. However, existing Base Indices shall not be changed under this Subsection. Redetermined rates shall be considered established under B3.1 for timber Scaled subsequent to the delay or interruption.

  • Evaluation of Proposals 29.1 UNDP shall examine the Proposal to confirm that all terms and conditions under the UNDP General Terms and Conditions and Special Conditions have been accepted by the Proposer without any deviation or reservation.

  • EVALUATION OF BIDS i) Bids submitted by the tenderer will be opened first and evaluated for fulfilling the Pre-qualification criteria and other conditions in NIT/Tender documents, based on documentary evidence submitted along with the offer.

  • Finalization of Evaluation A Written Report 1 Before the evaluation cycle is final, and not later than May 10, a copy of the formal written evaluation report shall be given to the teacher and a conference shall be held between the teacher and the evaluator.

  • Rate Redetermination for Environmental Modification In the event of a contract modification under B8.33 or partial termination under B8.34, Contracting Officer shall make an appraisal to determine for each species the difference between the appraised unit value of Included Timber remaining immediately prior to the revision and the appraised unit value of Included Timber to be cut under the modification. The appraisal shall consider the estimated cost of any construction work listed in the Schedule of Items that was performed and abandoned. Tentative Rates and Flat Rates in effect at the time of the revision will be adjusted by said differences to become Current Contract Rates. Accordingly, Base Rates shall be adjusted to correspond to the redetermined rates if redetermined rates are less than the original Base Rates, subject to a new Base Rate limitation of the cost of essential reforestation or 25 cents per hundred cubic feet or equivalent, whichever is larger. However, existing Base Indices shall not be changed under this Subsection. Redetermined rates, or differences for rates subject to B3.2, and Required Deposits shall be considered established under B3.1 for timber Scaled subsequent to the contract revision.

  • Completion of Evaluation Cycle 1. The summative evaluation rating shall be based upon a preponderance of the evidence, assessed in a holistic manner, that is aligned to the Ohio Educator Standards. Only evidence gathered during the walkthroughs and formal observations that are conducted for the current school year may be used.

  • Evaluation of Teaching 1. All reports on a teacher shall be in writing.

  • BID EVALUATION The Commissioner reserves the right to accept or reject any and all Bids, or separable portions of Bids, and waive technicalities, irregularities, and omissions if the Commissioner determines the best interests of the State will be served. The Commissioner, in his/her sole discretion, may accept or reject illegible, incomplete or vague Bids and his/her decision shall be final. A conditional or revocable Bid which clearly communicates the terms or limitations of acceptance may be considered, and Contract award may be made in compliance with the Bidder’s conditional or revocable terms in the Bid.

  • Evaluation Cycle Goal Setting and Development of the Educator Plan

  • Disagreement on Decision Should the parties disagree as to the meaning of the Board's decision, either party may apply to the Chairperson of the Board of Arbitration to reconvene the Board to clarify the decision, which it shall do within five (5) days.

Time is Money Join Law Insider Premium to draft better contracts faster.