Common use of Budget Formulation Clause in Contracts

Budget Formulation. DSW and the Parties shall review and discuss WAPA HQ and DSW budget estimates including, but not limited to, variance reports prior to submission to DOE. The review and comment process for WAPA HQ and DSW budget estimates including, but not limited to, variance reports shall be done according to the schedule included herewith at Attachment __. WAPA HQ shall work with DSW to provide the Parties with updated information on the costs and capital project needs and balances of Unobligated Balances. WAPA HQ shall prepare an annual report, allocated by Region, Project and funding source (appropriations, Prepayments, trust and any other funding source) for the purpose of identifying and maintaining adequate balances for reserves for each Region and adequate funding of the Desert Southwest Region System. DSW shall cooperate with the Parties on the development and implementation a DSW-specific Unobligated Balance strategy to reflect the budget, rates, revenues, TYP, Capital RRADs, and the other amounts included in the Unobligated Balances retained to operate the Desert Southwest Region Systems in emergencies and other situations, as provided for in Attachment __ hereto. In reporting on the status of Unobligated Balances, DSW shall identify the funding source for any Unobligated Balances, anticipated program allotment, and the underlying authority for the source of such funding, including but not limited to Prepayments, trust funding, and emergency appropriations. DSW shall report which Unobligated Balances are attributable to programs under the jurisdiction of DSW and any Unobligated Balances attributable to WAPA HQ but allocable to DSW programs.

Budget Formulation. DSW and the Parties shall review and discuss WAPA HQ and DSW budget estimates including, but not limited to, variance reports prior to submission to DOE. The review and comment process for WAPA HQ and DSW budget estimates including, but not limited to, variance reports shall be done according to the schedule included herewith at Attachment __. 6.2.6.1. WAPA HQ shall work with DSW to provide the Parties with updated information on the costs and capital project needs and balances of Unobligated Balances. 6.2.6.2. WAPA HQ shall prepare an annual report, allocated by Region, Project and funding source (appropriations, Prepayments, trust and any other funding source) for the purpose of identifying and maintaining adequate balances for reserves for each Region and adequate funding of the Desert Southwest Region System. 6.2.6.3. DSW shall cooperate with the Parties on the development and implementation a DSW-specific Unobligated Balance strategy to reflect the budget, rates, revenues, TYP, Capital RRADs, and the other amounts included in the Unobligated Balances retained to operate the Desert Southwest Region Systems in emergencies and other situations, as provided for in Attachment __ hereto. 6.2.6.4. In reporting on the status of Unobligated Balances, DSW shall identify the funding source for any Unobligated Balances, anticipated program allotment, and the underlying authority for the source of such funding, including but not limited to Prepayments, trust funding, and emergency appropriations. DSW shall report which Unobligated Balances are attributable to programs under the jurisdiction of DSW and any Unobligated Balances attributable to WAPA HQ but allocable to DSW programs.