Mandatory Services. 1.11.1. Measurement and Verification Services shall be required in all projects. The M&V service is important due to the role it has in identifying achievement of the Guaranteed Energy Cost Performance, and the Payment Mechanism Deductions associated with non-performance. 1.11.2. Section 4.26 of this document out lines requirements of the service that must be applied whilst the exact requirements and standards for the managed service shall be identified by the Framework Public Body in its Invitation to Mini-Competition (ITMC), as relevant refined at the Development Contract stage to reflect the Preferred Bidder’s Investment Grade Proposal and included in Section 1 of Schedule Part 12 (Services Requirements) of the EnPC. 1.11.3. The Contractor will be required to respond to the ITMC setting out in detail the Contractor’s proposals (ITMC Proposals) to managing each service element. ITMC Proposals will be complied with throughout the term of the contract, with deductions levied where unavailability and non-performance is identified.
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Samples: Framework Agreement, Framework Agreement, Framework Agreement