Common use of Contributions in Aid of Construction Clause in Contracts

Contributions in Aid of Construction. If the economic test results indicate a negative net present value, the Distribution Extension may proceed provided that the shortfall in revenue is eliminated by contributions in aid of construction by or on behalf of Customers to be served by the Distribution Extension, or if there are non-financial factors offsetting the revenue shortfall that are deemed to be acceptable by the British Columbia Utilities Commission, the Utility may finance the contributions in aid of construction for Customers.

Contributions in Aid of Construction. If the economic test results indicate a negative net present value, the Distribution Main Extension may proceed provided that the shortfall in revenue is eliminated by contributions in aid of construction by or on behalf of the Customers to be served by the Distribution Main Extension, their agents or other parties, or if there are non-financial factors offsetting the revenue shortfall that are deemed to be acceptable by the British Columbia Utilities Commission, the Utility may finance the contributions in aid of construction for Customers.