Fee and penalties summary Fee/payment Detail Payable by Payable when and clause whom reference Works For preparing Customer On Customer deciding specification works not to progress works fee (3.2(d)) specification(s) for (or as part of the EPC the EPC Solutions works Specification. If contract sum if the parties cannot agree works do go ahead. the works specification, the Customer must pay the works specification fee (set out in schedule 1) to the ESCO EAA Fee ESCO entitled to Customer On Customer deciding (3.2, 3.8) EAA Fee for not to progress works preparing the EAA (3.2(d)) (as specified in Or Schedule 1) On invoice by ESCO on the commencement date (3.8(d)) (the date the Agreement is signed). EPC For equipments Customer In instalments on Solutions design and milestones in works works installation. specification contract sum (3.8) Consents For any expenses Customer On invoice by ESCO. expenses incurred by ESCO (3.10(b)) in obtaining consents as for Customer. Subject to prior written approval. Changes to For any changes to Customer As set out in amended EPC EPC Solutions (unless works specification. solutions works. If Customer cost to be works (4.2, is to bear the cost borne by 16C)) the Customer must ESCO) approve first (not to
Fee and penalties summary Fee/payment and clause reference Detail Payable by whom Payable when Works specification fee (3.2(d)) For preparing works specification(s) for the EPC Specification. If parties cannot agree the works specification, the Customer must pay the works specification fee (set out in schedule 1) to the ESCO Customer On Customer deciding not to progress works (or as part of the EPC Solutions works contract sum if the works do go ahead. EAA Fee (3.2, 3.8) ESCO entitled to EAA Fee for preparing the EAA (as specified in Schedule 1) Customer On Customer deciding not to progress works (3.2(d)) Or On invoice by ESCO on the commencement date (3.8(d)) (the date the Agreement is signed). EPC Solutions works contract sum (3.8) For equipments design and installation. Customer In instalments on milestones in works specification Consents expenses (3.10(b)) For any expenses incurred by ESCO in obtaining consents as for Customer. Subject to prior written approval. Customer On invoice by ESCO. Changes to EPC solutions works (4.2, 16C)) For any changes to EPC Solutions works. If Customer is to bear the cost the Customer must approve first (not to Customer (unless cost to be borne by ESCO) As set out in amended works specification.
Standard%20Energy%20Performance%20Contract%20-%20NZ%20May%202014.docx