Capital Budget. By September 1 of each year, Operator shall submit to Owner a written Capital Budget estimate of capital expenditures for each of Owner's Generation Facilities for the next calendar year, with a forecast of budget requirements for the succeeding four calendar years. Each budget shall be supported by detail reasonably adequate for the purpose of review by Owner.
Appears in 5 contracts
Samples: Operating Agreement (Southern Power Co), Operating Agreement (Southern Power Co), Operating Agreement (Gulf Power Co)
