Prudence review definition

Prudence review means a comprehensive review that examines as fair, just, and reasonable, a utility's practices, policies, and decisions regarding an investment or expense at the time the investment was made or expense was incurred; including direct or indirect maximization of its positive impacts and mitigation of adverse impact upon its ratepayers, consideration of its ultimate used and useful nature.
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Prudence review means a comprehensive review that examines as fair, just, and reasonable, a utility's practices, policies, and decisions regarding an investment or expense at the time the investment was made or expense was incurred; including direct or indirect
Sample 1
Prudence review. , means the biennial review of the fuel, generation, and purchased power related expenses incurred by a utility pursuant to OAC 165:35-35-1.
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Examples of Prudence review in a sentence

  • A detailed report of technical deficiencies at Grand Gulf as well as a detailed Prudence review and written as well as oral testimony is being performed.

  • Upon approval of the new ECR factors, the utility shall file separate tariff sheets for board approval to implement the ECR factors in its rates.199—35.13(476) Prudence review.

  • A detailed report of technical deficiencies at Grand Gulf as well as a detailed Prudence review and written as well as oral testimony are being performed.Additionally, CTC supports the Louisiana Public Service Commission Staff in Dockets No. R- 35394 and Docket No. R-36226.

  • Premiums include any adjustments arising in the accounting period for premiums receivable in respect of business written in prior accounting periods.Unearned premiums are those proportions of premiums written in a year that relate to periods of risk after the reporting date.

  • Prudence review of 7 WM-related costs will occur in a separate process when Schedule 151 is updated and, thus, is 8 not part of this proceeding.

  • Prudence review is a separate standard that will be relevant if and when NW Natural7 seeks cost recovery.

  • While it is desirable for all five tests to achieve benefit/cost ratios greater than 1.0, several factors contribute to why the passage of all tests is unlikely at the Program Approval and Prudence review stage or at a later stage.These factors include uncertainty surrounding actual measure costs, estimated savings impacts, total administrative cost estimates, and net to gross ratios (an estimate of those that would have undertaken the action absent the presence of the program).

  • Interesting meta-analyses of the consequences of unemployment for health have been made by Peter Warr (4) and Anne Hammarström (5).

  • Discard the first few drops and then dispense 1 drop of the antigen (while holding the bottle in a vertical position) to a test circle containing the sample.

Related to Prudence review

  • Due Diligence Review means the performance by Buyer of any or all of the reviews permitted under Section 27 hereof with respect to any or all of the Mortgage Loans, as desired by the Buyer from time to time.

  • Utilization review means the prospective (prior to), concurrent (during) or retrospective (after) review of any service to determine whether such service was properly authorized, constitutes a medically necessary service for purposes of benefit payment, and is a covered healthcare service under this plan. WE, US, and OUR means Blue Cross & Blue Shield of Rhode Island. WE, US, or OUR will have the same meaning whether italicized or not. YOU and YOUR means the subscriber or member enrolled for coverage under this agreement. YOU and YOUR will have the same meaning whether italicized or not.

  • Compliance Review means an inspection of the home, grounds, and files to determine compliance with these regulations.

  • Medical Review Officer (MRO) means a licensed physician responsible for receiving and reviewing laboratory results generated by the school district’s drug testing program and for evaluating medical explanations for certain drug tests.

  • Review means a financial or operational audit, investigation, inspection or other form of review requested or required by the LHIN under the terms of LHSIA or this Agreement, but does not include the annual audit of the HSP’s financial statements;

  • Supervisory Review means ongoing clinical case reviews in accordance with procedures developed by ADMINISTRATOR, to determine the appropriateness of Diagnosis and treatment and to monitor compliance to the minimum ADMINISTRATOR and Medi-Cal charting standards. Supervisory review is conducted by the program/clinic director or designee.

  • Medical examination means the preliminary assessment of a person by an authorized health worker or by a person under the direct supervision of the competent authority, to determine the person’s health status and potential public health risk to others, and may include the scrutiny of health documents, and a physical examination when justified by the circumstances of the individual case;

  • professional diligence means the standard of skill and care that a Member would be reasonably expected to exercise towards a Client, commensurate with-

  • Architectural Review Committee or “ARC” shall mean the architectural review committee established by the Organization to review plans submitted to the Organization for architectural review.

  • Medical Review Officer (MRO means a licensed physician, employed with or contracted with the City, responsible for receiving laboratory results generated by the City's drug testing program who has knowledge of substance abuse disorders, laboratory testing procedures, and chain of custody collection procedures; who verifies positive, confirmed test results, and who has the necessary and appropriate medical training to interpret and evaluate an individual's confirmed positive test result together with his or her medical history and any other relevant biomedical information.

  • Application Review Start Date means the later date of either the date on which the District issues its written notice that the Applicant has submitted a completed Application or the date on which the Comptroller issues its written notice that the Applicant has submitted a completed Application and as further identified in Section 2.3.A of this Agreement.

  • Program services means services that include all of the following provided they are pursuant to a program agreement: program needs assessment and development, job task analysis, curriculum development and revision, instruction, instructional materials and supplies, computer software and upgrades, instructional support, administrative and student services, related school to career training programs, skill or career interest assessment services and testing and contracted services.

  • Professional Engineer means a person entitled to practise as a Professional Engineer in the Province of Ontario under a licence issued under the Professional Engineers Act;

  • Project Operations Manual or “POM” means the Recipient’s manual referred to in Section I.D of Schedule 2 to this Agreement, as such manual may be amended from time to time with the agreement of the Association.

  • external engineering service means an engineering service situated outside the boundaries of a land area and that is necessary to serve the use and development of the land area;

  • Energy audit means a systematic procedure with the purpose of obtaining adequate knowledge of the existing energy consumption profile of a building or group of buildings, an industrial or commercial operation or installation or a private or public service, identifying and quantifying cost-effective energy savings opportunities, and reporting the findings;

  • conformity assessment body means a body that performs conformity assessment activities including calibration, testing, certification and inspection;