1 Definitions
In each part of this Schedule 8 the following expressions (in addition to those specified in Schedule 1 (Definitions, Interpretations and Construction)) shall have the meanings given to them below:
Adjusted CIPP Forecast Electricity Consumption means the figure for the CIPP Forecast Electricity Consumption as adjusted from time to time to take account of any Accruals and De-Accruals in accordance with paragraph 4 of Part 1 of this Payment Mechanism
Adjusted Forecast Electricity Consumption means the figure for the Forecast Electricity Consumption in KwH for the relevant Contract Year as adjusted from time to time to take account of any Accruals and De-Accruals in accordance with paragraph 4 of Part 1 of this Payment Mechanism, divided by twelve (12)
Base Date means [♦]
CIPP Forecast Electricity Consumption means the forecast for the consumption of electricity as set out in Table 11 of Appendix 1 of this Payment Mechanism
Electricity Cost Adjustment and ECA means the adjustment of the Electricity Costs calculated in accordance with paragraph 3.1 of Part 1 of this Payment Mechanism
Electricity Costs shall have the meaning given to it in paragraph 1.1 of Schedule 9 (Electricity Procurement)
Indexation Review Date shall have the meaning given to it in paragraph 2.6 of Part 1 of this Payment Mechanism
Forecast Electricity Consumption means the forecast for the consumption of electricity as set out in Table 22 of Appendix 1 of this Payment Mechanism
Management Information System Accuracy shall have the meaning given to it in paragraph 4.5 of Part 2 of this Payment Mechanism
Milestone Default Termination Points and MDTP means a default termination point accrued in accordance with paragraph 6.1 of Part 1 of this Payment Mechanism
Notional Adjustment shall have the meaning given to it in paragraph 4.4 of Part 1 of this Payment Mechanism
Prescribed Period for Response shall have the meaning given to it in the Output Specification
Reporting Failure shall have the meaning given to it in paragraph 7.4 of Part 2 of this Payment Mechanism
Reporting Failure Adjustment shall have the meaning given to it in paragraph 7.2 of Part 2 of this Payment Mechanism
Service Default Termination Points and SDTP means a default termination point accrued in accordance with paragraphs 5.4 and 5.5 of Part 1 of this Payment Mechanism
[Temporary Deemed to Comply Apparatus means those Deemed to Comply Apparatus specified in ♦]
[Upgrade Roads means those roads containing Temporary Deemed to Comply Apparatus]
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1 Where the energy contract in place is based on more than one electricity tariff band this Table should be split into the appropriate number of sections, each of which identifies the consumption forecast for the period of the relevant electricity tariff band
2 Where the energy contract in place is based on more than one electricity tariff band this Table should be split into the appropriate number of sections, each of which identifies the consumption forecast for the period of the relevant electricity tariff band