Operation & Maintenance expenses definition

Operation & Maintenance expenses or ‘O&M expenses’ shall mean repair and maintenance (R&M) expenses, employee expenses and administrative & general (A&G) expenses including insurance.
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Operation & Maintenance expenses or ‘O&M expenses’ shall mean repair and maintenance (R&M) expenses (Information to be furnished in Format 14), employees expenses (Format 15 & 16) and administrative & general (A & G) expenses including insurance. (Format 17)
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Operation & Maintenance expenses or ‘O&M expenses’ shall mean & include repair and maintenance (R&M) expenses, employee expenses and administrative & general (A&G) expenses including insurance. While determining the O&M expenses for generation functions within the State, the Commission shall be guided, as far as feasible, by the principles and methodologies of CERC on the manner, as amended from time to time.
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Examples of Operation & Maintenance expenses in a sentence

  • The Operation & Maintenance expenses comprise of manpower expenses, insuranceexpenses, spares and repairs, consumables and other expenses (statutory fees etc).

  • The fixed cost includes Return on equity, Interest and financing charges on loan capital, Interest on working capital, Depreciation and Operation & Maintenance expenses (O&M).

  • That, combined with Operation & Maintenance expenses that were almost 14% below budget, resulted in net earnings before debt principal of 96% more than budget for fiscal year-to-date.

  • Rainfall for the month of December was 62% more and for the fiscal year-to-date, 28% less than last year. Operation & Maintenance expenses for the month were 14% less than budget.

  • The claim is in line with Regulation 1 of 2008.B. O&M (Operation & Maintenance) expenses APGENCO has taken the O&M expenses approved by CERC for the 600 MW coal-based thermal units for the FY 2018-19 as a base and escalated the same by 6.64% every year to arrive at the O&M expenses for the FY 2019-20 to FY 2023-24.

  • That combined with Operation & Maintenance expenses that were 13.6% below budget resulted in Net Earnings before Debt Principal almost 110% more than budget for the fiscal year-to-date.

  • TPL-D (D) has derived O&M Expenses on the average of actual Operation & Maintenance expenses for the three (3) years ending 31st March, 2015 as per GERC (MYT) Regulation, 2016.

  • Accordingly, records of Operation & Maintenance expenses for individual HEPs for the period required by the regulations is not available and therefore actual O&M expenses for the department has been considered for determination of Annual Fixed Charges.

  • It is submitted that records of Operation & Maintenance expenses for individual HEPs for the period required by the regulations is not available and therefore actual O&M expenses for the department has been considered for determination of Annual Fixed Charges.

  • The Petitioner has claimed Rs. 2012.28 lakhs towards actual O&M expenses in the Truing up for FY 2016-17 against Rs. 1489.48 lakhs approved for FY 2016-17 in the MYT order as detailed in the Table below:Table 4.3: Operation & Maintenance expenses for FY 2016-17(Rs. Lakh) Employee Cost The Petitioner has claimed Rs 1418.95 Lakh towards actual employee cost as against Rs. 1183.53 Lakh approved for FY 2016-17 in the MYT order.


More Definitions of Operation & Maintenance expenses

Operation & Maintenance expenses or “O&M Expenses” means the expenditure incurred for operation and maintenance of the integrated mine, and includes the expenditure on manpower, maintenance, Repairs & Maintenance spares, consumables, insurance and overheads
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Operation & Maintenance expenses or “O&M Expenses” means theexpenditure incurred for operation and maintenance of the project, or part thereof, andincludes the expenditure on manpower, maintenance, repairs and maintenance spares,consumables, insurance and overheads and fuel other than used for generation ofelectricity:
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Related to Operation & Maintenance expenses

  • Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

  • Operation and Maintenance Costs means the costs of:

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Operation and Maintenance or “O&M” shall mean all activities required to operate, maintain, and monitor the effectiveness of the RA as specified in the SOW or any EPA-approved O&M Plan.

  • Routine maintenance means actions performed on a regular or controllable basis or in response to uncontrollable events upon a highway, road, street, or bridge. Routine maintenance includes, but is not limited to, 1 or more of the following:

  • Operational Expenses means expenses of the clerk of court used to maintain the clerk's office and includes, but is not limited to, (i) computer support, maintenance, enhancements, upgrades, and replacements and office automation and information technology equipment, including software and conversion services; (ii) preserving, maintaining, and enhancing court records, including, but not limited to, the costs of repairs, maintenance, consulting services, service contracts, redaction of social security numbers from certain records, and system replacements or upgrades; and (iii) improving public access to records maintained by the clerk, including locating technology in an offsite facility for such purposes or for implementation of a disaster recovery plan.

  • Planned Maintenance means any Maintenance BT has planned to do in advance.

  • Insurance Expenses with respect to any 2014-A Vehicle, 2014-A Lease or Lessee, means any Insurance Proceeds (i) applied to the repair of the related Leased Vehicle, (ii) released to the related Lessee in accordance with applicable law or the Customary Servicing Practices of the Servicer, or (iii) representing other related expenses incurred by the Servicer not otherwise included in Liquidation Expenses or Disposition Expenses and recoverable by the Servicer under the SUBI Trust Agreement.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Operating Expenditures means all Partnership Group expenditures, including, but not limited to, taxes, reimbursements of the General Partner, repayment of Working Capital Borrowings, debt service payments and capital expenditures, subject to the following:

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Emergency Maintenance means any period of maintenance for which, due to reasons beyond its reasonable control, Connaught is unable to provide prior notice of.