An Electric Service Agreement between a Redevelopment Project and a Power Company is an agreement that outlines the terms and conditions for providing electric service to a redevelopment project. This agreement generally covers the rate for electricity, the quantity of electricity, the quality of service, and any other service requirements. It also includes provisions for payment, dispute resolution, and termination. There are two main types of Electric Service Agreements between a Redevelopment Project and a Power Company. The first type is a Standard Service Agreement, which is a pre-negotiated agreement that outlines the terms of service between the parties. The second type is a Negotiated Service Agreement, which is a customized agreement that provides more flexibility in terms of cost, quality of service, and other service requirements. In either type of agreement, the Redevelopment Project and the Power Company will work together to ensure that the terms and conditions are mutually beneficial and meet the needs of both parties. The agreement will also provide a framework to ensure that any disputes that arise are resolved in a timely and efficient manner.