Project Capability definition
Examples of Project Capability in a sentence
MMWEC sells all of the capability (Project Capability) of each of its Projects to its Members and other utilities (Project Participants) under Power Sales Agreements (PSAs).
At its initial meeting, the Project Management Committee shall confirm and declare that the Effective Date has occurred, shall approve any changes to the expected Project Capability and shall approve the completed form of SCHEDULE D.
In the event that less than all of the expected Project Capability is fully subscribed at the end of the Development Period as described in this paragraph, UAMPS shall take such actions as are necessary to downsize the expected Project Capability to the amount of subscription under the Power Sales Contracts and any Joint Ownership Agreements or other arrangements.
The Effective Date of the Power Sales Contracts shall occur on the date on which UAMPS receives executed Power Sales Contracts and the other items described in the preceding sentence from Participants that have requested Development Shares totaling 85% of the expected Project Capability as of the Effective Date (the “Minimum Subscription”).
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The two (2) pages, Project Capability Plan is to allow the Respondent to differentiate their capability to meet the requirements of this project by conveying successes with previous customers for projects of similar size and scope.
Power Generation AssetCapability GapsDriversManagement Technology Roadmap R&D ProgramsTechnology CharacteristicsDriverCommercially Available TechnologyExisting R&D Program or Project Capability GapCommercially Unavailable TechnologyR&D Program RequirementD4Maximizing Value of FCRPS:Secondary marketing of any remaining FCRPS flexibility lowers power rates.
In addition, should a Project Participant fail to make any payment when due, other Project Participants of that Project may be required to increase (step-up) their payments and correspondingly their Participant’s share of the Project’s Project Capability.
D.4.5. Failure to comply with any of the Project Capability format requirements may result in disqualification.
Experience, References, & Project Capability 30% Proposed Work Plan 30%Cost Proposal 35%Local Preference 5% 100%The Selection Committee will review and rank cost proposals separately.