A variety of terms and conditions were employed in the PAAs.

In particular:

■ NOP corporate O/H and profit: Generally fixed upon agreement of the TOC, often variable as a percentage of actual costs.

■ No blame clause: Generally unconditional; little indication of modified clauses.

■ Dispute resolution: Generally silent; little indication of express provisions for resolution beyond the ALT (outside the alliance).

■ Incentive/penalty arrangements on time: Generally included; often not.

■ Owner reserved powers: Often reserved powers stated; sometimes not.

■ Performance security by NOPs: Little indication that security was required; generally not.