Performance Assurance Framework Document definition

Performance Assurance Framework Document or “PAF Document” means the document entitled “Guidelines for Energy Settlement Performance Assurance Regime” published by the DNOs, as such document is amended from time to time pursuant to paragraph V12, setting out:
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Performance Assurance Framework Document or “PAF Document” means the document entitled “Guidelines for Energy Settlement Performance Assurance Regime” published by the DNOs, as such document is amended from time to time pursuant to paragraph V12, setting out: (i) the scope of the Performance Assurance Scheme, including requirements with respect to the establishment and maintenance of a register of risks associated with LDZ Settlement Related Obligations, and a registry of reports on the standards of performance of DNOs (including those of the Transporter Agency on their behalf) and Shipper Users’ collectively and individually with respect to specific LDZ Settlement Related Obligations; (ii) the procedure for appointment of the PAFA and for the establishment by the Performance Assurance Committee of: (1) the qualifications and competencies required of any person to be appointed as the PAFA; (2) the criteria for selection of a person to act as PAFA; (3) certain terms of appointment of the PAFA, including with respect to the duration of the appointment of the PAFA, the scope of services to be provided by the PAFA and the basis on which such appointment may be extended in terms of duration and/or scope; and (4) requirements as to re-tendering the appointment of the PAFA from time to time; and (iii) any other matters (consistent with paragraph 16.1.1(d)(i) the Performance Assurance Committee decides and the DNOs agree should be included.
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Performance Assurance Framework Document or “PAF Document” means the document entitled “Guidelines for Energy Settlement Performance Assurance Regime” published by the Transporters, as such document is amended from time to time pursuant to paragraph V12, setting out: [7]
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Examples of Performance Assurance Framework Document in a sentence

  • Parties being subject to the Performance Assurance Framework Document (PAFD) including Performance Assurance Techniques and decisions of the PAC;5.

  • Relevant UNC Sections and UNC Related Documents:• UNC TPD Section V• UNC General Terms Section B• UNC Modification Rules, (MR), (Section 6.1.1)• Performance Assurance Framework Document v2.0 Knowledge/SkillsKnowledge of settlement risk or other performance regimes would be an advantage.

  • In the event of any conflict between the Uniform Network Code Committee Terms of Reference and the terms of the Performance Assurance Framework Document for the (Gas) Energy Settlement Performance Assurance Scheme then the Uniform Network Code Committee Terms of Reference shall prevail.

  • Relevant UNC Sections and UNC Related Documents:• UNC TPD Section V• UNC General Terms Section B• UNC Modification Rules, (MR), (Section 6.2.1)• Performance Assurance Framework Document v2.0 Knowledge/SkillsKnowledge of settlement risk or other performance regimes would be an advantage.

  • The Chair noted that the PATs were included in the Performance Assurance Framework Document (PAFD) and noted that these have not been specifically called out in the legal text drafting.

  • Principles A change to the PAFA Scope should be triggered by a change to the Performance Assurance Framework Document and should be requested by the Performance Assurance Committee via the PAFA Scope Change Request Form.

  • Discussion followed on enforcement, and the State Division of Water Resources and that they are interested in doing enforcement, statutory enforcement, and safety issues.

  • Performance Assurance Committee") which shall perform the functions and have the powers and duties provided for in this paragraph 16 and the Performance Assurance Framework Document.

  • The Workgroup was informed that light changes had been made to the Performance Assurance Framework Document (PAFD) and the legal text would be confirmed within seven to 10 days for UNC674.

  • Capitalised terms that are not defined above shall have the meanings given to them in the Uniform Network Code (UNC), Performance Assurance Committee Terms of Reference, or the Performance Assurance Framework Document for the (Gas) Energy Settlement Performance Assurance Scheme.


More Definitions of Performance Assurance Framework Document

Performance Assurance Framework Document or “PAF Document” means the document
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Related to Performance Assurance Framework Document

  • Performance Assurance means collateral in the form of cash or letters of credit, or other security acceptable to the requesting Party.

  • Performance Agreement means an agreement between an HSP and its CEO that requires the CEO to perform in a manner that enables the HSP to achieve the terms of this Agreement and any additional performance improvement targets set out in the HSP’s annual quality improvement plan under the Excellent Care for All Act, 2010;

  • PJM Reliability Assurance Agreement means that certain Reliability Assurance Agreement Among Load Serving Entities in the PJM Region, on file with FERC as PJM Interconnection L.L.C. Rate Schedule FERC No. 44, and as amended from time to time thereafter.

  • Quality Assurance Plan or “QAP” shall have the meaning set forth in Clause 11.2;

  • Performance and Guarantee Test means all operational checks and tests required to determine and demonstrate capacity, efficiency and operating characteristics as specified in the Contract Documents.

  • Performance audit means an objective and systematic assessment of a state agency or agencies or any of their programs, functions, or activities by the state auditor or designee in order to help improve agency efficiency, effectiveness, and accountability. Performance audits include economy and efficiency audits and program audits.

  • Performance and Guarantee Tests , shall mean all operational checks and tests required to determine and demonstrate capacity, efficiency, and operating characteristics as specified in the Contract Documents.

  • Performance Security means monetary guarantee to be furnished by the successful Tenderer for due performance of the contract placed on it. Performance Security is also known as Security Deposit or Performance Bank Guarantee.

  • Performance Review means a summative evaluation of a teacher other than a beginning teacher and used to determine whether the teacher’s practice meets school district expectations and the Iowa teaching standards, and to determine whether the teacher’s practice meets school district expectations for career advancement in accordance with Iowa Code section 284.7.

  • Performance Letter of Credit means any standby Letter of Credit which represents an irrevocable obligation to the beneficiary on the part of the Issuing Bank to make payment on account of any default by the account party in the performance of a nonfinancial or commercial obligation.

  • performance requirement means a requirement that:

  • Quality Assurance Program means the overall quality program and associated activities including the Department’s Quality Assurance, Design-Builder Quality Control, the Contract’s quality requirements for design and construction to assure compliance with Department Specifications and procedures.

  • Performance Data means a rating, ranking, quotation, discussion or analysis regarding an aspect of the investment performance of an investment fund, an asset allocation service, a security, an index or a benchmark;

  • Performance Report has the meaning set out in clause 8.2;

  • Regulatory Services Agreement means the agreement between BSEF and the Regulatory Services Provider whereby the Regulatory Services Provider provides market surveillance and trade practice surveillance functions as well as other compliance related services to the SEF operated by BSEF.

  • Performance Certification As defined in Section 11.05.

  • Performance Bond means the financial security for performance a USF Service Provider must furnish in accordance with section 54 of this RFA;

  • Confirmation test means a drug or alcohol test on a sample to substantiate the results of a prior drug or alcohol test on the same sample and which uses different chemical principles and is of equal or greater accuracy than the prior drug or alcohol test;

  • Service Level Agreement (SLA) means the Contractual Commitment that prevails between the Buyer and the Service Provider with regard to type of service to be provided, deliverables, desired performance level, reliability and responsiveness, monitoring process and service level reporting, response and issue resolution time-frame, repercussions / penalties / remedies for service provider not meeting its commitment. The SLA of a particular contract may carry the matrix regarding the delivery of the goods and/or services and the corresponding penalties or remedies and liquidated damages as applicable.

  • Multiple project assurance contract means a contract between an institution and the federal

  • Energy savings performance contract means a contract under which the rate of payments is based upon energy and operational cost savings and a stipulated maximum energy consumption level over the life of the contract.

  • Performance Monitoring System has the meaning given to it in paragraph 1.1.2 in Part B of Schedule 6 (Service Levels, Service Credits and Performance Monitoring);

  • Performance Bank Guarantee means the irrevocable unconditional bank guarantee to be submitted by the successful bidder as per the RfS.

  • Service Level Agreement or SLA means the processes, deliverables, key performance indicators and performance standards relating to the Services to be provided by the Service Provider;

  • Performance Requirements The ordering entity reserves the right to inspect and verify that all deliveries are in accordance with specifications, both at the point of delivery and at the point of use. For orders that specify an “authorized party” to receive and inspect deliveries and/or installations, acceptance and inspection procedures must be performed by the” authorized party” to be considered and accepted by the ordering entity. Products inspected at the time of use are subject to refusal and return requirements for issues of quality such as defects in manufacturing and/or workmanship. Products will not be considered accepted by the ordering entity until the installation is complete for the applicable products.

  • energy performance contracting means a contractual arrangement between the beneficiary and the provider of an energy efficiency improvement measure, verified and monitored during the whole term of the contract, where investments (work, supply or service) in that measure are paid for in relation to a contractually agreed level of energy efficiency improvement or other agreed energy performance criterion, such as financial savings;