TARIFF REVIEW Sample Clauses

TARIFF REVIEW. Each facility will be evaluated to determine the most beneficial rate structure available that best fits the Client’s needs. In addition, U.S. Energy will continue to monitor natural gas service tariffs to determine if new tariffs or changes to the tariffs will have an impact on Client.
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TARIFF REVIEW. ‌‌ (1) (a) In October of each Year a Tariff Review shall be conducted jointly by the Government and HEC. In the Tariff Review, the Government and HEC shall agree on any revision, if necessary, of major items of the latest approved Development Plan as detailed in paragraph (3) of Section A, in respect of the then current Year and next following Year. For each Year’s Tariff Review, projections for the then current Year will take into account an upper limit on the projected year-end Tariff Stabilisation Fund balance, with one-off rebate or tariff adjustment applied in the Year next following to reduce any excess to or below the upper limit. The upper limit shall be 5% of the annual total revenues of HEC from sales of electricity to consumers in Hong Kong including Fuel Cost Account Adjustment and excluding rebates and charges made during that Year.‌
Sample 1
TARIFF REVIEW. (a) In October of each Year，a Tariff Review shall be conducted jointly by the Government and the Companies. In the Tariff Review , the Government and the Companies shall agree on any revision , if necessary of major items of the latest approved Development Plan as detailed in paragraph (3) of Section A，in respect of the then current Year and next following Year. For each Year's Tariff Review , projections for the then current Year will take into account an upper limit on the projected year- end Tariff Stabilisation Fund balance , with one-off rebate or tariff adjustment applied in the Year next following to reduce any excess to or below the upper limit. The upper limit shall be 8% of the annual total revenues of CLP Power from sales of electricity to consumers in Hong Kong including Fuel Cost Account Adjustment and excluding rebates and charges made during that Year. (b) The Companies will make available to the Government for the purpose of the Tariff Review their forecast on the following specific items in respect of the second Year following the then current Year (provided that such second Year is within the Term):- (a) local maximum demand and system maximum demand for electricity， (b) local electricity sales and electricity sales to third parties outside Hong Kong, (c) Basic Tariff Rate, (d) fuel clause charge or rebate, (e) Tariff Stabilisation Fund balance and Rate Reduction Reserve balance , (f) Fuel Clause Recovery Account balance , (g) Net Fixed Assets balance , (h) total operating and total capital expenditures , (i) Tariff Stabilisation Fund transfer， (j) amount and cost of fuels to be consumed , and (k) amount and cost of electricity to be purchased from third parties within or outside Hong Kong. This forecast is made in addition to the 2-year rolling forecast as stipulated in paragraph (1) (a). The forecast is made in good faith and is provided to the Government for its information only. (2) As a result of the Tariff Review , (a) if the projected Basic Tariff Rate for the Year next following the then current Year (“proposed Basic Tariff Rate”) is not higher than 5 percent above the projected Basic Tariff Rate most recently approved for that Year by the Executive Council, then subject to paragraph (3) Basic Tariff Rate adjustment for that Year will be made in accordance with the revised figures pursuant to paragraph (1)，no further Executive Council approval being necessary; (b) if the proposed Basic Tariff Rate exceeds the limit set out in sub-...
Sample 1
TARIFF REVIEW. (1) ‌ (a) In October of each Year, a Tariff Review shall be conducted jointly by the Government and the Companies. In the Tariff Review, the Government and the Companies shall agree on any revision, if necessary, of major items of the latest approved Development Plan as detailed in paragraph (3) of Section A, in respect of the then current Year and next following Year. For each Year’s Tariff Review, projections for the then current Year will take into account an upper limit on the projected year-end Tariff Stabilisation Fund balance, with one-off rebate or tariff adjustment applied in the Year next following to reduce any excess to or below the upper limit. The upper limit shall be 5% of the annual total revenues of CLP Power from sales of electricity to consumers in Hong Kong including Fuel Cost Account Adjustment and excluding rebates and charges made during that Year.‌‌ (b) The Companies will make available to the Government for the purpose of the Tariff Review their forecast on the following specific items in respect of the second Year following the then current Year (provided that such second Year is within the Term):-‌‌ 1. local maximum demand and system maximum demand for electricity,‌ ‌‌‌ 2. local electricity sales and electricity sales to third parties outside Hong Kong,‌‌ 3. Basic Tariff Rate, 4. fuel clause charge or rebate, 5. year-end Tariff Stabilisation Fund balance and Rate Reduction Reserve balance, 6. year-end Fuel Clause Recovery Account balance, 7. closing Net Fixed Assets balance, 8. total operating and total capital expenditures, 9. Tariff Stabilisation Fund transfer, 10. amount and cost of fuels to be consumed including any costs of FiT to be incurred less the proceeds from the sale of RE Certificates pursuant to paragraph 14 of Schedule 5, and 11. amount and cost of approved electricity to be purchased from third parties (excluding any electricity to be purchased as part of fuel costs as agreed between the Government and the Companies) within or outside Hong Kong. This forecast is made in addition to the 2-year rolling forecast as stipulated in paragraph (1)(a). The forecast is made in good faith and is provided to the Government for its information only.‌ (2) ‌ As a result of the Tariff Review,‌ (a) if the projected Basic Tariff Rate for the Year next following the then current Year (“proposed Basic Tariff Rate”) is not higher than 5 percent above the projected Basic Tariff Rate most recently approved for that Year by the Executive...
Sample 1

Related to TARIFF REVIEW

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  • Program Review The State ECEAP Office will conduct a review of each contractor’s compliance with the ECEAP Contract and ECEAP Performance Standards every four years. The review will involve ECEAP staff and parents. After the Program Review, the State ECEAP Office will provide the contractor with a Program Review report. The contractor must submit an ECEAP Corrective Action Plan for non-compliance with ECEAP Performance Standards. The Plan must be approved by the State ECEAP Office.

  • Post Review With respect to each contract not governed by paragraph 2 of this Part, the procedures set forth in paragraph 4 of Appendix 1 to the Guidelines shall apply.

  • Periodic Review The General Counsel shall periodically review the Procurement Integrity Procedures with OSC personnel in order to ascertain potential areas of exposure to improper influence and to adopt desirable revisions for more effective avoidance of improper influences.

  • Design Review ‌ (a) Where so specified in Schedule A (Scope of Goods and Services) or as otherwise instructed by the City, the Supplier shall submit design-related Documentation for review by the City, and shall not proceed with work on the basis of such design Documentation until the City’s approval of such Documentation has been received in writing. (b) None of: (i) the submission of Documentation to the City by the Supplier; (ii) its examination by or on behalf of the City; or (iii) the making of any comment thereon (including any approval thereof) shall in any way relieve the Supplier of any of its obligations under this Agreement or of its duty to take reasonable steps to ensure the accuracy and correctness of such Documentation, and its suitability to the matter to which it relates.

  • Periodic Reviews During January of each year during the term hereof, the Board of Directors of the Company shall review Executive's Annual Salary, bonus, stock options, and additional benefits then being provided to Executive. Following each such review, the Company may in its discretion increase the Annual Salary, bonus, stock options, and benefits; however, the Company shall not decrease such items during the period Executive serves as an employee of the Company. Prior to November 30th of each year during the term hereof, the Board of Directors of the Company shall communicate in writing the results of such review to Executive.

  • Claims Review The IRO shall perform the Claims Review annually to cover each of the five Reporting Periods. The IRO shall perform all components of each Claims Review.

  • Grievance Commissioner System This is to confirm the discussion of the parties during collective bargaining that they are committed to encouraging early discussion and resolution of labour relations issues at the local level and seek to resolve grievances in a timely and cost efficient manner. To that end, this is to confirm that pursuant to Article 8, the parties agree that the Employer and Union at individual nursing homes may agree to utilize the following process in order to resolve a particular grievance through the utilization of a joint mediation-arbitration procedure:

  • Contract Review Agent shall have reviewed all material contracts of Borrowers including, without limitation, leases, union contracts, labor contracts, vendor supply contracts, license agreements and distributorship agreements and such contracts and agreements shall be satisfactory in all respects to Agent;

  • Independent Review Contractor shall provide the Secretary of ADS/CIO an independent expert review of any Agency recommendation for any information technology activity when its total cost is $1,000,000.00 or greater or when CIO requires one. The State has identified two sub-categories for Independent Reviews, Standard and Complex. The State will identify in the SOW RFP the sub-category they are seeking. State shall not consider bids greater than the maximum value indicated below for this category. Standard Independent Review $25,000 Maximum Complex Independent Review $50,000 Maximum Per Vermont statute 3 V.S.A. 2222, The Secretary of Administration shall obtain independent expert review of any recommendation for any information technology initiated after July 1, 1996, as information technology activity is defined by subdivision (a) (10), when its total cost is $1,000,000 or greater or when required by the State Chief Information Officer. Documentation of this independent review shall be included when plans are submitted for review pursuant to subdivisions (a)(9) and (10) of this section. The independent review shall include: • An acquisition cost assessment • A technology architecture review • An implementation plan assessment • A cost analysis and model for benefit analysis • A procurement negotiation advisory services contract • An impact analysis on net operating costs for the agency carrying out the activity In addition, from time to time special reviews of the advisability and feasibility of certain types of IT strategies may be required. Following are Requirements and Capabilities for this Service: • Identify acquisition and lifecycle costs; • Assess wide area network (WAN) and/or local area network (LAN) impact; • Assess risks and/or review technical risk assessments of an IT project including security, data classification(s), subsystem designs, architectures, and computer systems in terms of their impact on costs, benefits, schedule and technical performance; • Assess, evaluate and critically review implementation plans, e.g.: • Adequacy of support for conversion and implementation activities • Adequacy of department and partner staff to provide Project Management • Adequacy of planned testing procedures • Acceptance/readiness of staff • Schedule soundness • Adequacy of training pre and post project • Assess proposed technical architecture to validate conformance to the State’s “strategic direction.” • Insure system use toolsets and strategies are consistent with State Chief Information Officer (CIO) policies, including security and digital records management; • Assess the architecture of the proposed hardware and software with regard to security and systems integration with other applications within the Department, and within the Agency, and existing or planned Enterprise Applications; • Perform cost and schedule risk assessments to support various alternatives to meet mission need, recommend alternative courses of action when one or more interdependent segment(s) or phase(s) experience a delay, and recommend opportunities for new technology insertions; • Assess the architecture of the proposed hardware and software with regard to the state of the art in this technology. • Assess a project’s backup/recovery strategy and the project’s disaster recovery plans for adequacy and conformance to State policy. • Evaluate the ability of a proposed solution to meet the needs for which the solution has been proposed, define the ability of the operational and user staff to integrate this solution into their work.

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