Common use of Study Costs Clause in Contracts

Study Costs. 6.1 The NYISO shall invoice on a monthly basis, and Requestor shall pay to the NYISO, the actual costs incurred by the NYISO to perform the Requested Economic Planning Study in accordance with the requirements in Sections 31.3.3.7, 31.3.3.8, and 31.3.3.9 of Attachment Y of the ISO OATT. This includes costs that the NYISO incurs at its discretion to use contractors or consultants, computing services, and costs that Transmission Owners may incur to supply study-related data at the NYISO’s request. Costs shall be computed on a time and materials basis in accordance with the rates set forth in Attachment B to this Agreement. 6.2 Requestor submitted an initial deposit of $25,000 with its Request Form in accordance with Section 31.3.3.2 of Attachment Y to the ISO OATT. The NYISO’s good faith estimate of the total cost of the Requested Economic Planning Study is $[ ]. The Parties acknowledge and agree that the actual total cost of the Requested Economic Planning Study may differ from this estimate. Upon execution of this Agreement, the ISO may require, at its discretion, and Requestor shall submit an additional deposit of $[ ] in accordance with Section 31.3.3.5 of Attachment Y of the ISO OATT. If Requestor modifies the scope of the Requested Economic Planning Study as initially specified in Attachment A to this Agreement, and does so in such a way as to increase the estimated total cost of the Requested Economic Planning Study, the NYISO may require, at its discretion, and the Requestor shall pay, an additional deposit to reflect that cost increase. The NYISO shall hold the study deposit(s) provided by Requestor in an interest-bearing account for which the interest earned will be associated with Requestor and shall be applied to study costs and subject to refund as described in Section 31.3.3.8 of Attachment Y of the ISO OATT. 6.3 Upon: (i) the completion of the Requested Economic Planning Study or the withdrawal of the Request Form due to the termination of this Agreement, and (ii) the ISO’s receipt of all final invoices from its consultants and contractors, computing services, and involved Transmission Owners, the ISO shall issue a final invoice to Requestor. Upon the ISO’s receipt of Requestor’s final payment for all outstanding invoiced amounts, the ISO shall refund to Requestor: (i) its study deposit(s) submitted to the ISO pursuant to Section 6.2 of this Agreement and Sections 31.3.3.2 and 31.3.3.5 of Attachment Y of the ISO OATT, less any amount that the ISO was required to draw upon to satisfy prior invoiced amounts, and (ii) any interests earned on the net study deposit amount held by the ISO.

Study Costs. 6.1 The NYISO shall invoice on a monthly basis, and Requestor shall pay to the NYISO, the actual costs incurred by the NYISO to perform the Requested Economic Planning Study in accordance with the requirements in Sections 31.3.3.7, 31.3.3.8, and 31.3.3.9 of Attachment Y of the ISO OATT. This includes costs that the NYISO incurs at its discretion to use contractors or consultants, computing services, and costs that Transmission Owners may incur to supply study-related data at the NYISO’s request. Costs shall be computed on a time and materials basis in accordance with the rates set forth in Attachment B to this Agreement. 6.2 Requestor submitted an initial deposit of $25,000 with its Request Form in accordance with Section 31.3.3.2 of Attachment Y to the ISO OATT. The NYISO’s good faith estimate of the total cost of the Requested Economic Planning Study is $[ [___________]. The Parties acknowledge and agree that the actual total cost of the Requested Economic Planning Study may differ from this estimate. Upon execution of this Agreement, the ISO may require, at its discretion, and Requestor shall submit an additional deposit of $[ [______________] in accordance with Section 31.3.3.5 of Attachment Y of the ISO OATT. If Requestor modifies the scope of the Requested Economic Planning Study as initially specified in Attachment A to this Agreement, and does so in such a way as to increase the estimated total cost of the Requested Economic Planning Study, the NYISO may require, at its discretion, and the Requestor shall pay, an additional deposit to reflect that cost increase. The NYISO shall hold the study deposit(s) provided by Requestor in an interest-bearing account for which the interest earned will be associated with Requestor and shall be applied to study costs and subject to refund as described in Section 31.3.3.8 of Attachment Y of the ISO OATT. 6.3 Upon: (i) the completion of the Requested Economic Planning Study or the withdrawal of the Request Form due to the termination of this Agreement, and (ii) the ISO’s receipt of all final invoices from its consultants and contractors, computing services, and involved Transmission Owners, the ISO shall issue a final invoice to Requestor. Upon the ISO’s receipt of Requestor’s final payment for all outstanding invoiced amounts, the ISO shall refund to Requestor: (i) its study deposit(s) submitted to the ISO pursuant to Section 6.2 of this Agreement and Sections 31.3.3.2 and 31.3.3.5 of Attachment Y of the ISO OATT, less any amount that the ISO was required to draw upon to satisfy prior invoiced amounts, and (ii) any interests earned on the net study deposit amount held by the ISO.

Study Costs. 6.1 The NYISO shall invoice on a monthly basis, and Requestor shall pay to the NYISO, the actual costs incurred by the NYISO to perform the Requested Economic Planning Study in accordance with the requirements in Sections 31.3.3.7, 31.3.3.8, and 31.3.3.9 of Attachment Y of the ISO OATT. This includes costs that the NYISO incurs at its discretion to use contractors or consultants, computing services, and costs that Transmission Owners may incur to supply study-related data at the NYISON YISO’s request. Costs shall be computed on a time and materials basis in accordance with the rates set forth in Attachment B to this Agreement.basis 6.2 Requestor submitted an initial deposit of $25,000 with its Request Form in accordance with Section 31.3.3.2 of Attachment Y to the ISO OATT. The NYISON YISO’s good faith estimate of the total cost of the Requested Economic Planning Study is $[ ]. The Parties acknowledge and agree that the actual total cost of the Requested Economic Planning Study may differ from this estimate. Upon execution of this Agreement, the ISO may require, at its discretion, and Requestor shall submit an additional deposit of $[ ] in accordance with Section 31.3.3.5 of Attachment Y of the ISO OATT. If Requestor modifies the scope of the Requested Economic Planning Study as initially specified in Attachment A to this Agreement, and does so in such a way as to increase the estimated total cost of the Requested Economic Planning Study, the NYISO may require, at its discretion, and the Requestor shall pay, an additional deposit to reflect that cost increase. The NYISO shall hold the study deposit(s) provided by Requestor in an interest-bearing account for which the interest earned will be associated with Requestor and shall be applied to study costs and subject to refund as described in Section 31.3.3.8 of Attachment Y of the ISO OATT. 6.3 Upon: (i) the completion of the Requested Economic Planning Study or the withdrawal of the Request Form due to the termination of this AgreementA greement, and (ii) the ISO’s receipt of all final invoices from its consultants and contractors, computing services, and involved Transmission Owners, the ISO shall issue a final invoice to Requestor. Upon U pon the ISO’s receipt of Requestor’s final payment for all outstanding invoiced amounts, the ISO shall refund to Requestor: (i) its study deposit(s) submitted to the ISO pursuant to Section 6.2 of this Agreement and Sections 31.3.3.2 and 31.3.3.5 of Attachment Y of the ISO OATT, less any amount that the ISO was required to draw upon to satisfy prior invoiced amounts, and (ii) any interests earned on the net study deposit amount held by the ISO.

Study Costs. 6.1 7.1 7.1 The NYISO shall invoice on a monthly basischarge, and Requestor shall pay to the NYISOpay, the actual all reasonable costs actually incurred by the NYISO to perform or cause to be performed, the Requested Economic Planning Study in accordance with Additional XXXXX Study. Such costs may include the requirements in Sections 31.3.3.7, 31.3.3.8, cost of consultants and 31.3.3.9 of Attachment Y of the ISO OATT. This includes costs that contractors retained by the NYISO incurs at its discretion to use contractors or consultants, computing services, and costs that the cost incurred by Transmission Owners may incur Owner(s) to supply study-related data at when requested to do so by the NYISO’s request. Costs shall be computed on a time and materials basis in accordance with the rates set forth in Attachment B to this Agreement. 6.2 Requestor submitted an 7.2 7.2 The initial deposit of $25,000 submitted by Requestor with its Request Form in accordance with Section 31.3.3.2 of Attachment Y For Additional XXXXX Study, shall be applied to the ISO OATTcost of the Additional XXXXX Study. The NYISO’s good faith estimate of the total cost of the Requested Economic Planning Additional XXXXX Study is $[ ]. The Parties acknowledge and agree that the actual total cost of the Requested Economic Planning Additional XXXXX Study may differ from this estimate. Upon execution of this Agreement, the ISO may require, at its discretion, and Requestor shall submit an additional deposit of $[ ] in accordance with Section 31.3.3.5 of Attachment Y which the NYISO shall also apply to the actual cost of the ISO OATTAdditional XXXXX Study. If Requestor modifies the scope of the Requested Economic Planning Additional XXXXX Study as initially specified in Attachment A to this AgreementdegreeAgreement, and does so in such a way as to increase the estimated total cost of the Requested Economic Planning Additional XXXXX Study, the NYISO may require, at its discretionrequest, and the Requestor shall pay, an additional deposit to reflect that cost increase. The , which the NYISO shall hold also apply to the study deposit(s) provided by Requestor in an interest-bearing account for which the interest earned will be associated with Requestor and shall be applied to study costs and subject to refund as described in Section 31.3.3.8 of Attachment Y actual cost of the ISO OATTAdditional XXXXX Study. 6.3 Upon: (i) the 7.3 7.3 Upon completion of the Requested Economic Planning Study or Additional XXXXX Study, NYISO shall charge, and Requestor shall pay, all reasonable costs actually incurred by the withdrawal NYISO for the Additional XXXXX Study. Any difference between the total of the Request Form due to deposits submitted by Requestor and the termination actual cost of this Agreement, and (ii) the ISO’s receipt of all final invoices from its consultants and contractors, computing services, and involved Transmission Owners, the ISO Additional XXXXX Study shall issue a final invoice be paid by or refunded to Requestor. Upon the ISO’s receipt of Requestor’s final payment for all outstanding invoiced amounts, the ISO shall refund to Requestor: as appropriate, within thirty (i30) its study deposit(s) submitted to the ISO pursuant to Section 6.2 of this Agreement and Sections 31.3.3.2 and 31.3.3.5 of Attachment Y of the ISO OATT, less any amount that the ISO was required to draw upon to satisfy prior invoiced amounts, and (ii) any interests earned on the net study deposit amount held by the ISOdays.

Study Costs. 6.1 7.1 7.1 The NYISO shall invoice on a monthly basischarge, and Requestor shall pay to the NYISOpay, the actual all reasonable costs actually incurred by the NYISO to perform or cause to be performed, the Requested Economic Planning Study in accordance with Additional Reliability Study. Such costs may include the requirements in Sections 31.3.3.7, 31.3.3.8, cost of consultants and 31.3.3.9 of Attachment Y of the ISO OATT. This includes costs that contractors retained by the NYISO incurs at its discretion to use contractors or consultants, computing services, and costs that the cost incurred by Transmission Owners may incur Owner(s) to supply study-related data at when requested to do so by the NYISO’s request. Costs shall be computed on a time and materials basis in accordance with the rates set forth in Attachment B to this Agreement. 6.2 Requestor submitted an 7.2 7.2 The initial deposit of $25,000 submitted by Requestor with its Request Form in accordance with Section 31.3.3.2 of Attachment Y For Additional Reliability Study, shall be applied to the ISO OATTcost of the Additional Reliability Study. The NYISO’s good faith estimate of the total cost of the Requested Economic Planning Additional Reliability Study is $[ ]. The Parties acknowledge and agree that the actual total cost of the Requested Economic Planning Additional Reliability Study may differ from this estimate. Upon execution of this Agreement, the ISO may require, at its discretion, and Requestor shall submit an additional deposit of $[ ] in accordance with Section 31.3.3.5 of Attachment Y which the NYISO shall also apply to the actual cost of the ISO OATTAdditional Reliability Study. If Requestor modifies the scope of the Requested Economic Planning Additional Reliability Study as initially specified in Attachment A to this AgreementdegreeAgreement, and does so in such a way as to increase the estimated total cost of the Requested Economic Planning Additional Reliability Study, the NYISO may require, at its discretionrequest, and the Requestor shall pay, an additional deposit to reflect that cost increase. The , which the NYISO shall hold also apply to the study deposit(s) provided by Requestor in an interest-bearing account for which the interest earned will be associated with Requestor and shall be applied to study costs and subject to refund as described in Section 31.3.3.8 of Attachment Y actual cost of the ISO OATTAdditional Reliability Study. 6.3 Upon: (i) the 7.3 7.3 Upon completion of the Requested Economic Planning Study or Additional Reliability Study, NYISO shall charge, and Requestor shall pay, all reasonable costs actually incurred by the withdrawal NYISO for the Additional Reliability Study. Any difference between the total of the Request Form due to deposits submitted by Requestor and the termination actual cost of this Agreement, and (ii) the ISO’s receipt of all final invoices from its consultants and contractors, computing services, and involved Transmission Owners, the ISO Additional Reliability Study shall issue a final invoice be paid by or refunded to Requestor. Upon the ISO’s receipt of Requestor’s final payment for all outstanding invoiced amounts, the ISO shall refund to Requestor: as appropriate, within thirty (i30) its study deposit(s) submitted to the ISO pursuant to Section 6.2 of this Agreement and Sections 31.3.3.2 and 31.3.3.5 of Attachment Y of the ISO OATT, less any amount that the ISO was required to draw upon to satisfy prior invoiced amounts, and (ii) any interests earned on the net study deposit amount held by the ISOdays.

Study Costs. 6.1 7.1 The NYISO and Transmission Owner shall invoice on a monthly basischarge, and Requestor shall pay to the NYISOpay, the actual all reasonable documented costs actually incurred by the NYISO and Transmission Owner to perform or cause to be performed, the Requested Economic Planning Study in accordance with Additional Reliability Study. Such costs may include the requirements in Sections 31.3.3.7, 31.3.3.8, reasonable costs of consultants and 31.3.3.9 of Attachment Y of the ISO OATT. This includes costs that contractors retained by Transmission Owner and/or the NYISO incurs at its discretion to use contractors or consultantsand the cost, computing servicesif any, and costs that incurred by other Transmission Owners may incur to supply study-related data at when requested to do so by the NYISO’s request. Costs shall be computed on a time and materials basis in accordance with the rates set forth in Attachment B to this Agreement. 6.2 Requestor submitted an 7.2 The initial deposit of $25,000 submitted by Requestor with its Study Request Form in accordance with Section 31.3.3.2 of Attachment Y shall be applied to the ISO OATTcost of the Additional Reliability Study. The NYISO’s good faith estimate of the total cost of the Requested Economic Planning Additional Reliability Study is $[ ]. The Parties acknowledge and agree that the actual total cost of the Requested Economic Planning Additional Reliability Study may differ from this estimate. Upon execution of this Agreement, the ISO may require, at its discretion, and Requestor shall submit an additional deposit of $[ ] in accordance with Section 31.3.3.5 of Attachment Y which shall also apply to the actual cost of the ISO OATTAdditional Reliability Study. If Requestor modifies requests to modify, and the scope Parties agree to such modifications, the Scope of Work for the Requested Economic Planning Study Additional Reliability Study, as initially specified in Attachment A to this Agreement, and does so in such a way as to increase the estimated total cost of the Requested Economic Planning Additional Reliability Study, the NYISO may require, at its discretionshall request, and the Requestor shall pay, an additional deposit to reflect that the estimated cost increase. increase required for Transmission Owner and/or the NYISO to complete the work, as modified, The NYISO shall hold the study deposit(s) apply any additional deposits provided by the Requestor in an interest-bearing account for which to the interest earned will be associated with Requestor and shall be applied to study costs and subject to refund as described in Section 31.3.3.8 of Attachment Y actual cost of the ISO OATTAdditional Reliability Study reasonably incurred by Transmission Owner and the NYISO. 6.3 Upon: (i) the 7.3 Upon completion of the Requested Economic Planning Additional Reliability Study, NYISO shall charge, and Requestor shall pay, all reasonable documented costs actually incurred by Transmission Owner and the NYISO for the Additional Reliability Study or pursuant to a final invoice. Any difference between the withdrawal total of the Request Form due to deposits submitted by Requestor and the termination actual cost of this Agreement, and (ii) the ISO’s receipt of all final invoices from its consultants and contractors, computing services, and involved Transmission Owners, the ISO Additional Reliability Study shall issue a final invoice be paid by or refunded to Requestor. Upon the ISO’s receipt of Requestor’s final payment for all outstanding invoiced amounts, the ISO shall refund to Requestor: as appropriate, within thirty (i30) its study deposit(s) submitted to the ISO pursuant to Section 6.2 of this Agreement and Sections 31.3.3.2 and 31.3.3.5 of Attachment Y days of the ISO OATT, less any amount that the ISO was required to draw upon to satisfy prior invoiced amounts, and (ii) any interests earned on the net study deposit amount held by the ISOfinal invoice.