5.  How to calculate Savings during Development Phase or Operational Phase

(a)  (Value of Savings): A Change Compensation Event may directly or indirectly result in Savings. Any such Savings must , unless otherwise agreed by the State and Project Co be calculated in accordance with these Change Compensation Principles

(b)  (Agreed Margins): The Agreed Margins included in the calculation of any Savings will increase the amount payable to the State by multiplying the relevant Agreed Margin by the relevant Base Costs saved.