Common use of TARIFF REGIME Clause in Contracts

TARIFF REGIME. 8.1 For the purposes of this clause, the following definitions shall apply: a) Tariff Base: Annual amount defined in Article 1 of Law 28832, to be acknowledged for Service provision. b) Investment Cost: the US $ amount is the investment or investment component referred to in Articles 24 and 25 of Law 28832 (forms 4, 4-A and 4- B included as Annex 6). If applicable, this amount will be adjusted as stipulated in Annex 9, if the adjustment is made after the POC, OSINERGMIN will consider it within the next immediate regulatory process, for collection and settlement purposes. c) Annual O and M cost: the US $ amount. It is the operation and maintenance efficient costs referred to in Articles 24 and 25 of Law 28832 (forms 4, 4-A and 4-B included as Annex 6). d) Recovery Period: after thirty (30) years, counted from the beginning of Commercial Operation. e) Update rate: corresponds to the updating rate value referred to in Article 79 of the Electricity Concessions Law in force at the date of bid submission. f) Update Index: it is the WPSFD4131 index (Finished Goods Less Food and Energy), or one of the same nature that replaces it; published by the Government of the United States of America Department of Labor. The last data published as definitive will be used on the date when regulation needs to be conducted. The initial index will be the last data published as definitive on the bid submission month. 8.2 The date at which the Cost of Investment and the Cost of O and M are considered expressed, as well as its subsequent updating, shall be on the date of Bid Submission, in accordance with the Regulation of Transmission Clause 22.6 Article 22 provisions. The Updating Index will be that stipulated in Clause 8.1 Subsection f). 8.3 The Tariff Base shall be governed by the provisions of Law 28832 and the Transmission Regulations in force at the Bid Submission date. 8.4 OSINERGMIN establishes the Tariff Base in accordance with Articles 24 and 25 of Law 28832 and with Article 22 of the Transmission Regulations, using the Update Rate defined in Section

Appears in 2 contracts

Samples: SGT Concession Agreement, SGT Concession Agreement

AutoNDA by SimpleDocs

TARIFF REGIME. 8.1 For the purposes of this clause, the following definitions it shall applybe understood for: a) Tariff Base: Annual amount defined in Article 1 of Law No. 28832, to be acknowledged for Service provisionrecognized by the provision of the service. b) Investment Costcost: the US $ amount is of US$ , expressed on the date of submission of proposals. Constitute the investment or component of investment component referred to in Articles 24 and 25 of Law 28832 No. 28832. (forms 4, 4-A and 4- 4-B included as Annex 6). If applicable, this This amount will be adjusted as stipulated in according to Annex 9, if . In case the adjustment is made after the POC, OSINERGMIN will OSINERGMIN, for collection and liquidation purposes, shall consider it within the next immediate following regulatory process, for collection and settlement purposes. c) Annual Cost of O and M costannually: the US $ amountamount of US$ , expressed on the date of submission of proposals. It is Constitute the efficient costs of operation and maintenance efficient costs referred to in Articles 24 and 25 of Law No. 28832 (forms 4, 4-A and 4-B included as Annex 6). d) Recovery Periodperiod: after is the term of thirty (30) years, counted from since the beginning of Commercial OperationOperation Commissioning. e) Update rateRate: corresponds to the updating value of the update rate value referred to in Article 79 of the Electricity Law of Electric Concessions Law in force at on the date of bid submissionsubmission of proposals. f) Update Index: it is the index WPSFD4131 index (Finished Goods Less Food and EnergyEnergy Seasonally Adjusted), or one of the same nature that which replaces it; , published by the Labor Department of the Government of the United States of America Department of Labor. The last data published as definitive will be used on the date when regulation needs to be conducted. The initial index will be the last data published as definitive on the bid submission monthAmerica. 8.2 The date at which when are expressed the Investment Cost of Investment and the Cost of O and M are considered expressedM, as well as its subsequent later updating, shall will be on subject to indications made in Section 22.6 of the date of Bid Submission, in accordance with the Regulation of Transmission Clause 22.6 Article 22 provisionsRegulation. The Updating Update Index will be that stipulated indicated in Literal f) of Clause 8.1 Subsection f)8.1. 8.3 The Tariff Base shall will be governed by the provisions of Law 28832 and the Transmission Regulations Regulation, in force at on the Bid Submission datedate of submission of proposals. 8.4 The OSINERGMIN establishes the Tariff Base in accordance with according to Articles 24 and 25 of Law 28832 and with Article 22 of the Transmission RegulationsRegulation, using the Update Rate update rate defined in SectionLiteral

Appears in 1 contract

Samples: Concession Contract

TARIFF REGIME. 8.1 For the purposes of this clause, the following definitions shall apply: a) Tariff Base: Annual amount defined in Article 1 of Law 28832, to be acknowledged for Service provision. b) Investment Cost: the US $ amount is the investment or investment component referred to in Articles 24 and 25 of Law 28832 (forms 4, 4-A C and 4- B D included as Annex 6). If applicable, this amount will be adjusted as stipulated in Annex 9, if the adjustment is made after the POC, OSINERGMIN will consider it within the next immediate regulatory process, for collection and settlement purposes. c) Annual O Operation and M Maintenance cost: the US $ amount. It is the operation and maintenance efficient costs referred to in Articles 24 and 25 of Law 28832 (forms 4, 4-A and 4-B included as Annex 6). d) Recovery Period: after thirty (30) years, counted from the beginning of Commercial Operation. e) Update rate: corresponds to the updating rate value referred to in Article 79 of the Electricity Concessions Law in force at the date of bid submission. f) Update Index: it is the WPSFD4131 index (Finished Goods Less Food and Energy), or one of the same nature that replaces it; published by the Government of the United States of America Department of Labor. The last data published as definitive will be used on the date when regulation needs to be conducted. The initial index will be the last data published as definitive on the bid submission month. 8.2 The date at which the Cost of Investment and the Cost of O Operation and M Maintenance indicated in Clause 8.1 are considered expressed, as well as its subsequent updating, shall be expressed on the date of Bid Submission, in accordance with . Said amounts shall be updated annually using the Regulation of Transmission Clause 22.6 Article 22 provisions. The Updating Index will be that stipulated in Clause 8.1 Subsection f). In accordance with subsection 22.6 of Article 22 of the Transmission regulations. 8.3 The Tariff Base shall be governed by the provisions of Law 28832 and the Transmission Regulations in force at the Bid Submission date. 8.4 OSINERGMIN establishes the Tariff Base in accordance with Articles 24 and 25 of Law 28832 and with Article 22 of the Transmission Regulations, using the Update Rate defined in Section

Appears in 1 contract

Samples: SGT Concession Agreement

AutoNDA by SimpleDocs

TARIFF REGIME. 8.1 For the purposes of this clause, the following definitions shall apply: a) Tariff Base: Annual amount defined in Article 1 of Law 28832, to be acknowledged for Service provision. b) Investment Cost: the US $ amount is the investment or investment component referred to in Articles 24 and 25 of Law 28832 (forms 4, 4-A and 4- B included as Annex 6). If applicable, this amount will be adjusted as stipulated in Annex 9, if the adjustment is made after the POC, OSINERGMIN will consider it within the next immediate regulatory process, for collection and settlement purposes. c) Annual O Operation and M Maintenance cost: the US $ amount. It is the operation and maintenance efficient costs referred to in Articles 24 and 25 of Law 28832 (forms 4, 4-A and 4-B included as Annex 6). d) Recovery Period: after thirty (30) years, counted from the beginning of Commercial Operation. e) Update rate: corresponds to the updating rate value referred to in Article 79 of the Electricity Concessions Law in force at the date of bid submission. f) Update Index: it is the WPSFD4131 index (Finished Goods Less Food and Energy), or one of the same nature that replaces it; published by the Government of the United States of America Department of Labor. The last data published as definitive will be used on the date when regulation needs to be conducted. The initial index will be the last data published as definitive on the bid submission month. 8.2 The date at which the Cost of Investment and the Cost of O Operation and M Maintenance indicated in Clause 8.1 are considered expressed, as well as its subsequent updating, shall be expressed on the date of Bid Submission, in accordance with . Said amounts shall be updated annually using the Regulation of Transmission Clause 22.6 Article 22 provisions. The Updating Index will be that stipulated in Clause 8.1 Subsection f). in accordance with subsection 22.6 of Article 22 of the Transmission regulations. 8.3 The Tariff Base shall be governed by the provisions of Law 28832 and the Transmission Regulations in force at the Bid Submission date. 8.4 OSINERGMIN establishes the Tariff Base in accordance with Articles 24 and 25 of Law 28832 and with Article 22 of the Transmission Regulations, using the Update Rate defined in Section

Appears in 1 contract

Samples: SGT Concession Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!