Full Unavailability Deductions
3.25. The Full Unavailability Deduction for each Contract Month (n) shall be calculated using the following formula:
FUDn = FDrD x ∑ ((DUBUx0.7) + (DU))x UDF x RUR + FdlD x ∑ ((DUBUx0.7) + (DU)) x UDF x RUR | ||
FUDn | Full Unavailability Deduction for Contract Month (n) | |
FDrD | Full Daily Rented Deduction charge | |
FDlD | Full Daily Leaseholder Deduction Charge | |
Dna | The number of Days in the Contract Year (n) | |
DUBU | The number of days that the Dwelling is Unavailable but Used in Contract Month (n) | |
DU | The number of days that the Dwelling is Unavailable in Contract Month (n) | |
UDF | The Unavailability Deduction Factor applied in respect of the relevant Availability Standard which led to the Unavailability. | |
RUR | Repeated Unavailability Ratchet | |
∑ | Summation of Dwellings | |