PS2 Performance Target B
2.3 Failures to comply with the PS2 Performance Target B during any Month shall lead to Adjustments to the Monthly Payment in accordance with the following formula:
= | MUC x 0.03 x P | |
Where: | ||
MUC | = | the Monthly Unitary Charge for the relevant Month; |
P | = | the factor from PS2 Table 2. |
PS2 Table 2
% of Lighting Points (excluding Lighting Points due to be replaced pursuant to the CIP) meeting the Specific Lighting Standard during the Lighting Up Periods as set out in the Output Specification | P |
> 95% | Nil |
> 90% and <95% | 0.5 |
> 80% and <90% | 1.0 |
> 70% and <80% | 2.0 |
> 60% and <70% | 3.0 |
> 50% and <60% | 4.0 |
<50% | 4.0 and a Service Provider Default pursuant to clause 42.2(l)(ii) (Service Provider Default) of the Contract |