Life Cycle Maintenance Plan Sample Clauses

Life Cycle Maintenance Plan. No later than 90 Days before the beginning of each calendar year after the Service Commencement Date, the Developer will prepare and deliver to the Department a full five-year period maintenance plan on a rolling basis that describes life cycle asset maintenance for the Project (each, a “Life Cycle Maintenance Plan”) in accordance with the Technical Requirements. The Life Cycle Maintenance Plan will include a description of all Major Maintenance to be undertaken during such five-year period, by component, item or discrete project (each, a “Task”), the estimated costs and timing relating to each Task, the underlying assumptions used to develop such plan, including assumptions arising from the re- evaluations of the physical condition of the Assets conducted pursuant to Section 9.03(d); and such other information as may be reasonably requested by the Department.‌

Life Cycle Maintenance Plan. (i) No later than 90 Days before the beginning of the first year after the date that a Project Asset has achieved Substantial Completion, and thereafter no later than 90 Days before the expiration of every following one-year period, the Concessionaire will annually prepare and deliver to the Department a full five-year period maintenance plan on a rolling basis that describes life cycle asset maintenance for such Project Asset (each a “Life Cycle Maintenance Plan”). The Life Cycle Maintenance Plan will include a description of all Major Maintenance to be undertaken during such five-year period, by component, item or discrete project (each, a “Task”), the estimated costs and timing relating to each Task, the underlying assumptions used to develop such plan, including assumptions arising from the re-evaluations of the physical condition of the Assets conducted pursuant to Section 9.04(d)(i); and such other information as may be reasonably requested by the Department. The Life Cycle Maintenance Plan will reasonably demonstrate and incorporate a schedule of Ordinary Maintenance and Major Maintenance necessary to meet the Performance Requirements set forth in the Technical Requirements and other standards and requirements set forth in this Agreement for the Project Assets. (ii) The Life Cycle Maintenance Plan will include a Structural Assets Major Maintenance Plan and a Structural Assets Monitoring Plan. The Base Case Structural Assets Major Maintenance Plan attached as Exhibit U and any subsequent Structural Assets Major Maintenance Plans furnished with the Life Cycle Maintenance Plan will provide a description of all Major Maintenance to be undertaken for each Structural Asset of the Existing Project Assets, the estimated costs and timing for performing Major Maintenance of each Structural Asset, and such other information as may be reasonably requested by the Department. The Base Case Structural Assets Monitoring Plan attached as Exhibit V and any subsequent Structural Assets Monitoring Plans furnished with the Life Cycle Maintenance Plans will provide a description of the Concessionaire’s inspection and monitoring routine for each Structural Asset of the Existing Project Assets to assess the current condition of such Structural Assets and ensure that such Structural Assets are maintained in the condition required by this Agreement, a budget for implementing the inspection and monitoring routine, and such other information as may be reasonably requested by t...

Life Cycle Maintenance Plan. No later than 90 Days before the beginning of each Agreement Year after the applicable Service Commencement Date, the Concessionaire will prepare and deliver to the Department a full five-year period maintenance plan on a rolling basis that describes life cycle asset maintenance for the Project (each, a “Life Cycle Maintenance Plan”) in accordance with this Agreement, including the Technical Requirements. The Life Cycle Maintenance Plan will include a description of all Major Maintenance to be undertaken during such five-year period, by Agreement Year, by component, item or discrete project (each, a “Task”), the estimated costs and timing relating to each Task, the underlying assumptions used to develop such plan, including assumptions arising from the re-evaluations of the physical condition of the Assets conducted pursuant to Section 9.04(d); the calculation of the required deposit to the Major Maintenance Reserve Fund; and such other information as may be reasonably requested by the Department.