O&M Cost definition

O&M Cost or “O&M” means the costs required to operate and maintain the Contract Facility, as set out in Exhibit B, as adjusted from time to time in accordance with Exhibit J.
O&M Cost means the estimated annual operation and maintenance cost of the Project, that Bidder may seek for first five years after COD. Such O&M Cost to include salary and consumables. However, the operations and maintenance cost that would be paid as part of Grant in accordance with Concession Agreement would be based on the lower of the following annual operation and maintenance costs of the Project: a) O&M Cost as quoted by the Selected Bidder; and (b) as actually incurred during operation by
O&M Cost or “O&M” means the costs required to operate and maintain the Facility, as set out in Exhibit B, as adjusted from time to time in accordance with Exhibit J.

Examples of O&M Cost in a sentence

  • The CAISO Monthly Variable O&M Cost for each Unit is given by Equation C2-3 and is the product of the sum of Billable MWh for the Billing Month and the Unit’s Variable O&M Rate.

  • The CAISO Monthly Variable O&M Cost for each Unit shall be the product of the Unit’s Billable MWh for the Billing Month and the Unit’s Variable O&M Rate.

  • The O&M Cost shall be fixed for the term of this Implementation Agreement and shall not be subject to escalation.

  • Fuel connection costs$N/A Variable O&M Cost $ / MWh (Net)- Included in the fixed component.

  • The Authority agrees to provide to the Concessionaire cash support by way of an outright grant equal to the sum set forth in the Bid, namely, [Rs. [●] (Rupees [●])] which is summation of the following capital grant and NPV of O&M Cost of five years post Project COD as operation grant, in accordance with the provisions of this Article 29 (the “Grant”).


More Definitions of O&M Cost

O&M Cost means the estimated annual operation and maintenance cost of the Project, that Bidder may seek for first five years after COD. Such O&M Cost to include salary and consumables. However, the operations and maintenance cost that would be paid as part of Grant in accordance with Concession Agreement would be based on the
O&M Cost means the estimated annual operation and maintenance cost of the Project, that Bidder may seek for first five years after COD. Such O&M Cost to include salary and consumables. However, the operations and maintenance cost that would be
O&M Cost means the portion of Project Cost that is quoted by the Bidder in its Financial Bid and relates to the performance of O&M Works. O&M Costs includes all the expenses required to complete the O&M Works including Management Fee and all charges, fixed costs, administrative costs, taxes, insurance costs, etc.
O&M Cost means the operation and maintenance cost of the facilities concerned;
O&M Cost means, for any Period, the sum of amounts payable by the Company to the Operator under the O&M Agreement.
O&M Cost or “O&M” means the costs that are required to operate and maintain the DSM Project.
O&M Cost or “O&M” means, for a Contract Facility that is a New Gas Generating Facility, the costs required to operate and maintain the Contract Facility, as set out in Exhibit B, as adjusted from time to time in accordance with Exhibit J.