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:

Adjustment

=

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