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Guam Electricity Clause Specifically Stating Availability Pricing Quantity and Quality of Service Provided

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This office lease clause specifically states the availability of electricity, the pricing, the quantity and the quality of the electricity provided to the demised premises.

Guam Electricity Clause Specifically Stating Availability, Pricing, Quantity, and Quality of Service Provided: Explained Introduction: The Guam Electricity Clause is a contractual provision that outlines the terms and conditions pertaining to the availability, pricing, quantity, and quality of electricity services provided in Guam. This detailed description will delve into the various aspects of the clause, including different types that may exist. 1. Availability of Service: The Guam Electricity Clause ensures that electricity services are reliably accessible to consumers on the island. It guarantees a consistent and uninterrupted supply of electricity, minimizing service disruptions caused by maintenance or unforeseen circumstances. This clause often includes procedures for notifying customers and compensating them in case of prolonged outages. 2. Pricing Structure: The pricing component of the Electricity Clause specifies the rates at which electricity is supplied and consumed. It presents a transparent breakdown of tariffs, including any fixed charges, consumption-based charges, and taxes. Additionally, it may outline the methodology used to determine future tariff adjustments, considering factors like fuel costs, infrastructure investments, and regulatory requirements. 3. Quantity of Service Provided: This provision in the Guam Electricity Clause ensures that consumers receive electricity services based on their demand and usage requirements. It typically includes terms related to metering, billing, and load management. For instance, it may address the installation and maintenance of energy meters, accurate recording of consumption, and procedures for resolving billing disputes. 4. Quality of Service: The quality component of the Electricity Clause focuses on maintaining a certain level of service reliability and performance standard. It outlines the targets for parameters such as frequency and duration of power outages, voltage fluctuations, and response time for fault repair. This clause may also include provisions for compensation or penalties in case of failure to meet the agreed-upon service quality standards. Different Types of Guam Electricity Clauses: a) Residential Electricity Clause: This type of clause is tailored to residential consumers. It may specifically address issues like peak-hour pricing, energy-saving programs, and safety regulations related to electrical installations within homes. The focus is on ensuring affordability, safety, and reliable service for residential customers. b) Commercial and Industrial Electricity Clause: This type of clause is designed for commercial and industrial customers with higher energy demands. It may include provisions related to demand-based pricing, power factor correction, and access to specialized services like high voltage connections or backup solutions. The emphasis is on meeting the unique needs and energy requirements of businesses and industries. c) Renewable Energy Electricity Clause: Given the increasing importance of renewable energy sources, this type of clause may focus on promoting the adoption, integration, and usage of renewable resources. It could include provisions related to net metering, feed-in tariffs, or renewable energy targets. The aim is to incentivize sustainable energy practices and contribute to the island's environmental goals. Conclusion: The Guam Electricity Clause is a comprehensive provision that ensures the availability, pricing, quantity, and quality of electricity service in Guam. Its specific terms and conditions may vary depending on the type of consumer or the focus on renewable energy. However, its primary objective is to provide clarity, reliability, and customer satisfaction in the delivery of electricity across the island.

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The Simplified Acquisition Threshold (SAT) is the dollar amount in federal acquisition represented by the anticipated award amount of a contract, under which contracting officers are directed to use simplified acquisition procedures to solicit and award the resulting contracts. Simplified Acquisition Threshold & Procedures Guide - FAMR famr.us ? learn ? learn-simplified-acquisitio... famr.us ? learn ? learn-simplified-acquisitio...

Provisions define the terms, conditions, and clauses in a contract that enable you to understand its expectations and limitations. Also, since a contract is a legally binding document, the provisions in the contract determine your legal right and obligations.

What Is the Difference Between a Contract Provision and Clause? A provision in a contract stipulates a condition or requirement. A clause is a section or subsection written into a contract, which may contain one or more provisions within it. Contract Provision: Meaning, Considerations and FAQs investopedia.com ? terms ? provision investopedia.com ? terms ? provision

A provision may correspond with a clause, may span several clauses or be contained wholly within a subclause. It is a feature of the contract itself: verbal contracts will have provisions but they will not have clauses. A condition is a set of circumstances that must arise before another action can occur.

In the legal context, a provision is a stipulation within a legal document or in a specific law. This can also be known as a clause, contract clause, or contract provision. However, in accounting, provisions refer to any profits allocated for a specific purpose or expense.

(A) For acquisitions funded by any agency other than DoD, NASA, or Coast Guard, such modifications of a commercial product are exempt from the requirement for submission of certified cost or pricing data. 48 CFR § 15.403-1 - Prohibition on obtaining certified cost or pricing ... cornell.edu ? cfr ? text cornell.edu ? cfr ? text

? Pursuant to a standard FAR clause, the government can recover any costs initially paid to the contractor but ultimately found not allowable, reasonable, or allocable to the contract. ? Under certain circumstances, the government has the right to audit a contractor's price proposal prior to negotiations. 4-5 Introduction to the Federal Acquisition Regulation - FDIC fdic.gov ? about ? diversity ? sbrp fdic.gov ? about ? diversity ? sbrp

Each provision or clause in subpart 52.2 is prescribed at that place in the FAR text where the subject matter of the provision or clause receives its primary treatment. The prescription includes all conditions, requirements, and instructions for using the provision or clause and its alternates, if any.

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The Contractor shall submit cost or pricing data for any price adjustments subject to the provision of Section 3118 (Cost or Pricing Data) of the Guam. 252.204-7010 Requirement for Contractor to Notify DoD if the Contractors Activities are Subject to Reporting Under the U.S.-International Atomic Energy Agency ...Forward pricing rate agreement means a written agreement negotiated between a contractor and the Government to make certain rates available during a specified ... The judiciary may require the delivery of the numbered line item, identified as an option item, in the quantity and at the price stated in the line item. Mar 1, 2020 — To use public funds effectively, the government must ... provide a detailed link between cost estimating and earned value management. (EVM). Oct 1, 2023 — REGULATIONS. The Staff Regulations set out the fundamental conditions of service, namely the duties and obligations as well as the basic ... Dec 8, 2022 — A Guam Business License and/or Contractor's License with proof of Employer Identification Number (EIN) is not required in order to provide a ... This chapter provides guidance on the amounts that must be recouped when. DoD Components perform work or sell property within the Department, ... Your proposal must be submitted electronically to TheHagueContracts@state.gov. It is important to make sure the submission is made in specific size and ... the Offeror may choose to use paragraph (d) of this provision instead of completing the ... ▫ Quality of services provided under the contract;. ▫ Compliance ...

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Guam Electricity Clause Specifically Stating Availability Pricing Quantity and Quality of Service Provided