Common use of Baseline Costs Clause in Contracts

Baseline Costs. Actual savings are measured against baseline costs, the expenses that the Agency would have incurred had the delivery order not been implemented. Baseline costs are established as part of the measurement and verification methodology, which shall be based on the Federal Energy Management Program’s (FEMP) M&V Guidelines: Measurement and Verification for Federal Energy Management Projects version 2.2. Details of the Monitoring and Verification plan shall be agreed upon by the Company and Agency and documented in the Technical Energy Audit.

Baseline Costs. Actual savings are measured against baseline costs, the expenses that the Agency Customer would have incurred had the delivery order not been implemented. The parties agree that baseline costs shall be calculated using the Baseline costs are established as part of the measurement and verification methodologyset forth in Exhibit G, which shall be has been based on the Federal Energy Management Program’s (FEMP) M&V Guidelines: Measurement and Verification for Federal Energy Management Projects version 2.23.0 or International Protocol Measurement and Verification Procedures (IPMVP). Details of the Monitoring Measurement and Verification plan methodology shall be agreed upon by the Company and Agency Parties and documented in the Technical Energy Audit.Schedule P.