Common use of Amended or Supplemental Business Plans and Budgets Clause in Contracts

Amended or Supplemental Business Plans and Budgets. During the course of the fiscal year, if WECC determines it does not or will not have sufficient funds to carry out its delegated functions and related activities, WECC shall submit to NERC one or more proposed amended or supplemental business plans and budgets and requests for approval of supplemental assessments, reflecting costs, cost increases or funding shortfalls not provided for in WECC’s approved business plan and budget for the fiscal year. NERC shall review and approve the proposed amended or supplemental business plan and budget and proposed supplemental assessment, or shall direct WECC to make such revisions as NERC deems appropriate prior to approval. NERC shall submit WECC’s approved amended or supplemental business plan and budget and proposed supplemental assessment to the Commission for approval.

Amended or Supplemental Business Plans and Budgets. During the course of the fiscal year, if WECC SERC determines it does not or will not have sufficient funds to carry out its delegated functions and related activities, WECC SERC shall submit to NERC one or more proposed amended or supplemental business plans and budgets and requests for approval of supplemental assessments, reflecting costs, cost increases or funding shortfalls not provided for in WECCSERC’s approved business plan and budget for the fiscal year. NERC shall review and approve the proposed amended or supplemental business plan and budget and proposed supplemental assessment, or shall direct WECC SERC to make such revisions as NERC deems appropriate prior to approval. NERC shall submit WECCSERC’s approved amended or supplemental business plan and budget and proposed supplemental assessment to the Commission for approval.

Amended or Supplemental Business Plans and Budgets. During the course of the fiscal year, if WECC SPP determines it does not or will not have sufficient funds to carry out its delegated functions and related activities, WECC SPP shall submit to NERC one or more proposed amended or supplemental business plans and budgets and requests for approval of supplemental assessments, reflecting costs, cost increases or funding shortfalls not provided for in WECCSPP’s approved business plan and budget for the fiscal year. NERC shall review and approve the proposed amended or supplemental business plan and budget and proposed supplemental assessment, or shall direct WECC SPP to make such revisions as NERC deems appropriate prior to approval. NERC shall submit WECCSPP’s approved amended or supplemental business plan and budget and proposed supplemental assessment to the Commission for approval.