Annual Review and Reimbursement Sample Clauses

Annual Review and Reimbursement. Energy savings achieved at the Facility shall be reported, reconciled and verified pursuant to the provisions of Schedule B. If said annual review, reconciliation and verification of energy savings discloses that the ESCO has failed to achieve the annual guaranteed energy savings and operating cost savings set forth in Schedule B, the ESCO shall pay the University or the University’s designee, as may be directed by the University, the difference between the annual amount guaranteed and the amount of actual annual energy and operating cost savings achieved at the Facility. The ESCO shall remit such payments to the University within thirty (30) days of written demand therefore by the University. The University has the right to perform independent analysis of energy savings to recover shortfalls from guarantees stated in Schedule. Recovery of energy savings shall be reconciled with the ESCO energy savings findings.
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Annual Review and Reimbursement. Reconciliation). This schedule should contain the projected energy savings in units for each year of the contract. Often these Projections are broken down on a measure-by-measure basis, although some measures may be aggregated into general categories such as lighting or HVAC. If there are several buildings involved in the Project, this schedule should contain Projections for each facility, even though they may all be covered under a single guarantee. ESCO shall use the standard reporting format developed by AEO. SCHEDULE D: CONTRACTOR M&V, MAINTENANCE AND SERVICE AGREEMENT This should contain the amount and frequency of any payments that may be made to the Contractor for maintenance, M&V or other services negotiated as part of the contract. It should contain information about how the compensation is calculated (e.g. a percentage of savings above and beyond the guarantee, flat fee etc.), and if an annual inflation index is to be used to escalate fees over the duration of the contract term. An hourly fee structure can also be included to cover Contractor costs for any services provided beyond the scope agreed to at the time of contract execution. SCHEDULE E: MEASUREMENT AND VERIFICATION PLAN INCLUDING BASELINE ENERGY CONSUMPTION, SAVINGS MEASUREMENT AND CALCULATION FORMULAE, METHODOLOGY TO ADJUST BASELINE The baseline energy consumption is the "yardstick" by which all savings achieved by the installed Project will be measured. The methodology and all supporting documentation used to calculate the baseline should be in this schedule including unit consumption and current utility rates for each fuel type. This schedule may also include baseline documentation regarding other cost savings such as material savings (e.g. bulbs, ballast, filters, chemicals etc.), and cost savings associated with the elimination of outside maintenance contracts. > <For each site or Project, the baseline and post-installation energy use will usually be defined using metering, billing analysis and/or engineering calculations (including computer simulations) either individually or in combination. In addition, values for certain factors that affect energy use and savings that are beyond the Contractor’s control may be stipulated using historical data, analyses and/or results of spot or short-term metering. The owner or the Contractor can define baseline conditions. If the owner defines the baseline, the Contractor will have the opportunity to verify it. If the baseline is defined by the...
Sample 1
Annual Review and Reimbursement. Energy savings achieved at the Premises shall be reported, reconciled and verified pursuant to the provisions of Schedule N. If said annual review, reconciliation and verification of energy savings discloses that the COMPANY has failed to achieve the annual guaranteed energy savings and operating cost savings set forth in Schedule B, the COMPANY will pay the INSTITUTION or the INSTITUTION’S designee, as may be directed by the INSTITUTION, the difference between the annual amount guaranteed and the amount of actual annual energy and operating cost savings achieved at the Premises. The COMPANY shall remit such payments to the INSTITUTION within thirty (30) days of written demand therefore by the INSTITUTION.
Sample 1

Related to Annual Review and Reimbursement

  • Ongoing Review and Revisions As set forth in Section 35.7, the Parties have agreed to the coordination and exchange of data and information under this Agreement to enhance system reliability and efficient market operations as systems exist and are contemplated as of the Effective Date. The Parties expect that these systems and the technology applicable to these systems and to the collection and exchange of data will change from time to time throughout the term of this Agreement. The Parties agree that the objectives of this Agreement can be fulfilled efficiently and economically only if the Parties, from time to time, review and, as appropriate, revise the requirements stated herein in response to such changes, including deleting, adding, or revising requirements and protocols. Each Party will negotiate in good faith in response to such revisions the other Party may propose from time to time. Nothing in this Agreement, however, shall require any Party to reach agreement with respect to any such changes, or to purchase, install, or otherwise implement new equipment, software, or devices, or functions, except as required to perform this Agreement.

  • Education Reimbursement The County will provide education reimbursement for education costs incurred by regular employees who apply for such reimbursement in accordance with the policies and procedures governing the education reimbursement program. The maximum reimbursement shall be $1,500 per year.

  • Educational Reimbursement SECTION 1. The purpose of this Article is to xxxxxx a learning environment and provide educational opportunities that are mutually beneficial to the employees and the County and will encourage eligible employees to participate in education programs which will further their skills and knowledge for use in their current position or for use in a possible future position of greater responsibility. The Educational Reimbursement Program shall be a plan as provided for in Section 127 of the Internal Revenue Code of 1986, as amended (the “Code”) and shall be construed consistently with the requirements of Section 127. Amounts paid for tuition reimbursement meeting the requirements of Section 127 of the IRS Tax Code are not included in an Employee’s income or subject to income tax withholding up to a maximum of $5,250 annually. If subsequent tax law changes fail to continue the tax-free treatment, or in any way modify its treatment, appropriate adjustments in tax withholding will be made from the effective date of the change. This Article does not apply to training seminars, conferences, workshops, etc.

  • Compensation and Reimbursement The Company agrees:

  • Meal Reimbursement 1. If an employee is required to work one and one-half (1-1/2) hours before or beyond his/her normal working day or on overtime for emergency purposes or for extended work periods of five (5) or more hours in length on a day that is not the employee’s regular work day, and the employee is not exercising flexible work hours, the employee shall be reimbursed for the actual cost of a meal/food items not to exceed $18.00, plus tip (not to exceed 15%) and applicable taxes. Reimbursement is contingent upon the employee providing receipts.

  • Tuition Reimbursement Program 21.2.1 The District will fund $28,000 each fiscal year for incentive pay for employees pursuing their National Board Certification, a master’s degree, or an endorsement.

  • Cost Reimbursement This payment method is based on an approved budget and submission of a request for reimbursement of expenses Xxxxxxx has incurred at the time of the request;

  • Peer Assistance and Review Program 1. MCEA and MCPS agree to jointly operate a Peer Assistance and Review (PAR) Program. The PAR Program is a mechanism for maintaining systemwide quality control and ensuring that all MCPS teachers responsible for teaching students are functioning at or above the high MCPS standards of performance. It provides intensive assistance for any teacher who has not yet achieved that standard or who falls below acceptable standards. Assistance and review are provided to both experienced MCPS teachers in need of significant improvement and teachers in their first year of teaching.

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as in effect from time to time.

  • Tuition Reimbursement A. Agencies may approve full or partial tuition reimbursement, consistent with agency policy and within available resources.

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