PART I - DEFINITIONS1

In this Schedule 21 (Payment Mechanism), unless the context otherwise requires, the following words and expressions shall have the following meanings:

Adjustment Period

the number of consecutive Core Sessions during which a particular incidence of Unavailability continues pursuant to Part III of this Schedule 21 (Payment Mechanism)

Availability Payment

has the meaning given in Part II of this Schedule 21 (Payment Mechanism)

Contract Month

any month during the Contract Period

Core Session

a period of time as identified in Table 2.1 of Schedule 4 (Output Specification)

Day

any day in a Contract Month

Indexation Review Date

has the meaning given in Part II of this Schedule 21 (Payment Mechanism)

Monthly Availability Payment

has the meaning given in Part II of this Schedule 21 (Payment Mechanism)

Monthly Service Payment

has the meaning given in Part II of this Schedule 21 (Payment Mechanism)

Monthly Usage Payment

has the meaning given in Part II of this Schedule 21 (Payment Mechanism)

Network Unavailability Adjustments

the deductions (if any) made to the Monthly Service Payment as a result of [Road Section Lengths] being Unavailable  (excluding, for the avoidance of doubt, any Repetition Adjustments or Reporting Failure Adjustments)

Payment Year

means a year commencing (unless the public sector financial year shall be required to be amended) on 1 April in each calendar year and expiring on 31 March in the succeeding year provided that the first Payment Year shall commence on the Service Commencement Date and shall expire on the following 31 March and the last Payment Year shall commence on the final 1 April of the Contract Period and shall expire on the earlier of the Expiry Date or Termination Date.

Repetition Adjustment

the deduction (if any) from the Monthly Service Payment in accordance with Part III of this Schedule 21 (Payment Mechanism)

Repetition Factor

where the number of Core Sessions in respect of  any Network Unavailability Adjustment for a [Road Section Length] are in excess of [to be inserted on project specific basis], the Repetition Factor shall equal [to be inserted on project specific basis ]%2

Reporting Failure Adjustment or RFA

the deduction (if any) from the Monthly Service Payment as a result of a [Reporting Failure] calculated in accordance with Part III of this Schedule 21 (Payment Mechanism

Road Section Length Unit

has the meaning given in Part III of this Schedule 21 (Payment Mechanism)

Road Section Length Weighting Factor

the weighting factors for each [Road Section Length] as detailed in Appendix [insert reference] to this Schedule 21 (Payment Mechanism)3

Service Payment

has the meaning given in Part II of this Schedule 21 (Payment Mechanism).

Service Payment Factor

the factor applicable to the Availability Payment as set out in Table 1 (during the CIPP) and Table 2 (post CIPP) of Part II of this Schedule 21 (Payment Mechanism)

Time Weighting Factors

the time weighting factors for each Month of the Payment Year as detailed in Appendix [reference to be inserted] of this Schedule 21 (Payment Mechanism)4

Total Adjustments

the sum of all Unavailability Adjustments, Repetition Adjustments and Reporting Failure Adjustments.

Unavailable

has the meaning given in Schedule 3 (Output Specification)

Usage Payment

has the meaning given in Part II of this Schedule 21 (Payment Mechanism)




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1  Where not identified under Clause 1 (Definitions)

2  Ratchets could apply to repetition, as appropriate, for varying Core Session bands

3  To be completed on project specific basis

4  To be completed on project specific basis