Common use of Water, electricity and sewerage Clause in Contracts

Water, electricity and sewerage. Ensure that the annual budget makes adequate provision for maintenance, renewal, upgrading and refurbishment of existing obsolete networks and equipment Secure a realistic amount on the annual budget for this purpose Note: All legislative and licence conditions re maintenance and refurbishment to be complied with, i.e. Nersa licence condition to allocate 5% of revenue annually. Management team and Council % compliance with Nersa licence condition with respect to 5% of revenue for upgrading and refurbishment annually 100% by 2016 Management team and Council Amount allocated for water and sewerage in terms of depreciated value of assets must be made available for upgrading and refurbishment. 50% by 2016 Actions Processes Responsible Key Performance Indicators Targets

Appears in 2 contracts

Samples: Performance Agreement, Performance Agreement

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Water, electricity and sewerage. Ensure that the annual budget makes adequate provision for maintenance, renewal, upgrading and refurbishment of existing obsolete networks and equipment Secure a realistic amount on the annual budget for this purpose Note: All legislative and licence conditions re maintenance and refurbishment to be complied with, i.e. Nersa licence condition to allocate 5% of revenue annually. Management team and Council % compliance with Nersa licence condition with respect to 5% of revenue for upgrading and refurbishment annually 100% by 2016 Maintain 100% Management team and Council Amount allocated for water and sewerage in terms of depreciated value of assets must be made available for upgrading and refurbishment. 5020% 100% by 2016 Actions Processes Responsible Key Performance Indicators Targets2016

Appears in 2 contracts

Samples: Performance Agreement, Performance Agreement

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