Fuel Management Services Clause Samples
The Fuel Management Services clause defines the responsibilities and procedures related to the provision, monitoring, and management of fuel for equipment or vehicles under the agreement. Typically, this clause outlines how fuel will be supplied, tracked, and billed, and may specify requirements for reporting fuel usage or maintaining fuel levels. Its core practical function is to ensure that both parties clearly understand their obligations regarding fuel, thereby preventing disputes over fuel costs and usage during the contract term.
Fuel Management Services. Subject to Section 4.3 and all other limitations provided by this Agreement, fuel management services of the Managed Capacity (“Fuel Management Services”) to be provided by Energy Manager or its Affiliate, as applicable, shall include:
(a) procurement of all Fuel for the Facility;
(b) negotiation and administration of Related Agreements;
(c) scheduling, in accordance with the Operating and Dispatch Procedures, the delivery of Fuel to the Facility;
(d) coordination of scheduling and balancing (including, without limitation daily and hourly) with suppliers, transporters and storage providers of Fuel;
(e) upon mutual agreement, accepting appointment as Owner’s agent for performance of the Project Fuel Transportation Agreements;
(f) coordinate delivery of Fuel with the O&M provider;
(g) other services as may be agreed to by the Parties from time-to-time; and
(h) present information to the Owner regarding capacity release under the Project Fuel Transportation Agreements to which the Owner is a party.
Fuel Management Services. World Fuel will assist Customer in planning, coordinating, sourcing and purchasing jet fuel to satisfy Customer's needs. In order to carry out the foregoing, World Fuel will: (a) supply fuel to Customer in accordance with the terms of this Agreement; and (b) make available to Customer reports of its fuel uplifts, including the date, location, price and quantity thereof.
Fuel Management Services. (i) The Fuel Manager shall sell and provide, and Buyer shall purchase and receive, the Fuel Management Services for the LIPA Generating Facilities, as set forth in this Agreement commencing on the FM Services Target Date and continuing throughout the Term.
(ii) Commencing on the FMA Effective Date and during the Term, LIPA will use commercially reasonable efforts to cause third parties with whom it is in privity of contract to cooperate with Fuel Manager in the discharge of Fuel Manager’s obligations hereunder.
(iii) Fuel Manager shall discharge its services in a manner consistent with Prudent Utility Practices and Buyer’s policies and procedures, including such procedures that the Parties shall mutually develop and maintain to implement this Agreement. In discharging all such functions, the Fuel Manager shall use commercially reasonable efforts to obtain lowest reasonable-cost fuel for the benefit of Buyer’s customers, with such efforts being consistent with Prudent Utility Practices, including any Legal Requirements and all applicable operating parameters and power purchase agreements or other agreements for the Fuel delivery to the LIPA Generating Facilities. Fuel Manager shall exert commercially reasonable efforts in its performance under this Agreement by using the same good faith and diligent level of effort consistent with the standard of care used to provide services to its own Affiliates; provided that such standard of care is consistent with, and not less than Prudent Utility Practices.
(iv) Fuel Manager, as Buyer’s designated agent, shall manage all aspects of the Fuel supply for the LIPA Generating Facilities, including determinations regarding the type of Fuel used for operating such facilities and the source of such Fuel supply. In its capacity as the Fuel Manager as described in subparagraphs (i) and (ii) above, the Fuel Manager’s responsibilities, as Buyer’s designated agent, shall include:
(a) Nominating, scheduling, and coordinating the movement and use of all Fuels, in the appropriate volumes, as required to operate the LIPA Generating Facilities, according to Buyer’s dispatch and reliability requirements. The Fuel Manager shall assure that sufficient quantities of natural gas are nominated for delivery on interstate pipelines, with corresponding quantities nominated for local transportation on the National Grid LDC system, as applicable, to comply with Buyer’s obligations under the respective transporters’ gas tariffs;
(b) Use commercia...
Fuel Management Services. Energy Manager shall manage all aspects of the Fuel supply for the GENCO Generating Facilities including determinations regarding the type of Fuel used for operating the GENCO Generating Facilities and the source of such Fuel supply taking into account the purchase of alternate sources of Electricity in lieu of Electricity from the GENCO Generating Facilities when economic. Authority will compensate Energy Manager for such Fuel management services, including a Fuel Purchase Performance Incentive/ Disincentive Payment, in accordance with the terms of this Agreement. In this respect, Energy Manager shall, among other things:
Fuel Management Services. From the Commencement Date through the termination of this Agreement, Fuel Manager shall furnish to Owner the following services in connection with the supply, transportation and storage of Gas and Oil to be used by the Facility (the "Fuel Management Services"):
(a) preparation and modification of the Fuel Supply Plans in accordance with Section 2.04;
(b) transportation scheduling; transportation balancing; transportation imbalance reconciliation; proposals for and, if Owner so approves, utilization of excess transportation capacity through scheduling and relinquishment and through sales to third parties at alternate delivery points; compliance with pipeline operational orders; general operational and planning advice; and attendance at such Partnership meetings as the parties deem appropriate for Fuel Manager to fully represent the interests of Owner, as contemplated by this Agreement;
(c) monitoring of pipeline tariff filings in consultation with Owner, consultants and legal counsel and intervention, at the request and expense of Owner, in the applicable FERC hearings and provision of testimony; and
(d) such other services as are necessary and incidental to performance of the foregoing Fuel Management Services.
Fuel Management Services. From the Commencement Date through the termination of this Agreement, Fuel Manager shall furnish to Owner the following services in connection with the supply, transportation and storage of Gas to be used by the Facility (the "Fuel Management Services"):
(a) preparation and modification of the Fuel Supply Plans in accordance with Section 2.04;
Fuel Management Services. Energy Manager shall manage all aspects of the Fuel supply for the GENCO Generating Facilities including determinations regarding the type of Fuel used for operating the GENCO Generating Facilities and the source of such Fuel supply taking into account the purchase of alternate sources of Electricity in lieu of Electricity from the GENCO Generating Facilities when economic. Authority will compensate Energy Manager for such Fuel management services, including a Fuel Purchase Performance Incentive/ Disincentive Payment, in accordance with the terms of this Agreement. In this respect, Energy Manager shall, among other things:
1) Acquire required gas supplies which includes a mix of Interruptible and Firm Gas Supplies as deemed appropriate;
2) Acquire required fuel oil supplies in accordance with generating unit specific requirements as determined by GENCO which include a mix of residual oil, No. 2 oil and kerosene as deemed appropriate;
3) Negotiate, execute and administer Fuel supply contacts with one or more
4) Obtain and schedule transportation for all Fuel deliveries, including daily nomination and dispatch;
5) Arrange for the displacement of gas across LILCO's gas distribution system and the New York Facilities to facilitate deliveries to each GENCO Generating Facility; and
6) Arrange for the delivery, receipt, fuel analysis, handling, storage, local and on site transportation and use of Fuel. Unless otherwise arranged and agreed to between Authority and Energy Manager, all gas supplies to be used at the GENCO Generating Facilities will be Interruptible Gas Supplies or short term Firm Gas Supplies with contracts extending no longer than one month from the date entered into, all of which are System Interruptible Gas Supplies. Energy Manager will arrange for the most cost-effective Fuel for use at the existing GENCO Generating Facilities subject to Energy Manager's existing rate obligations to the gas customers of the current gas service area of Long Island Lighting Company. Energy Manager will arrange for Gas Balancing services to be provided associated with use of gas at the GENCO Generating Facilities. Energy Manager will provide these services from existing assets of the Energy Manager or its affiliates. The Energy Manager will not contract for additional firm assets (including storage, pipeline capacity or swing gas supply) specifically for use in the GENCO Generating Facilities unless the Authority and Energy Manager agree to the contract Such Interr...