Benchmark Agreement Sample Contracts

Benchmark Agreement: Explanatory note
Benchmark Agreement • May 16th, 2023

This is the version of the benchmark agreement that was set out in schedule F2 and schedule F2A of part F of the Electricity Governance Rules 2003 that the Authority is required to publish by clause 12.27(2) of the Electricity Industry Participation Code 2010 (Code).

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Appendix C: Benchmark Agreement changes
Benchmark Agreement • August 21st, 2020
BENCHMARK AGREEMENT AND
Benchmark Agreement • June 30th, 2023

• Transpower also supports the Authority’s intention that: (i) the administration fee be set “proportional to the settlement residue each transmission customer receives” and

Schedule F2A Benchmark Agreement clauses to apply following transitional period
Benchmark Agreement • September 27th, 2007

This schedule sets out the default clause 37 and Schedule 5 of the benchmark agreement that must be provided to designated transmission customers under rule 3.1.7.1 of section II of the Rules and that, under rule 3.1.7.5 of section II of the Rules, will replace clause 37 and Schedule 5 of the benchmark agreement that was added as schedule F2 to section II of the Rules on 28 June 2006.

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