Common use of Optional Interconnection System Reliability Impact Study Procedures Clause in Contracts

Optional Interconnection System Reliability Impact Study Procedures. The required study deposit and technical data called for in the Optional Interconnection System Reliability Impact Scope must be provided to the ISO within fifteen (15) Business Days of Developer receipt of the good faith estimate of the cost and time frame for completing the Optional Interconnection System Reliability Impact Study from the ISO. The ISO shall notify the Developer and the Connecting Transmission Owner that the Optional Interconnection System Reliability Impact Study has commenced following receipt of the required study deposit and once the ISO deems the required technical data sufficient. The ISO shall use Reasonable Efforts to complete the Optional Interconnection System Reliability Impact Study within a mutually agreed upon time period specified within the Optional Interconnection System Reliability Impact Study scope. If the ISO is unable to complete the Optional Interconnection System Reliability Impact Study within such time period, it shall notify the Developer and provide an estimated completion date and an explanation of the reasons why additional time is required. Any difference between the study payment and the actual cost of the study shall be paid to the ISO or refunded to the Developer, as appropriate. Upon request, the ISO shall provide the Developer supporting documentation and workpapers and databases or data developed in the preparation of the Optional Interconnection System Reliability Impact Study, subject to confidentiality arrangements consistent with Section 30.13.1.

Appears in 4 contracts

Samples: Service Agreement for Firm Point to Point Transmission Service, Transmission Wheeling Agreements, Class Year Interconnection Facilities Study Agreement

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