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2008-263
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2008-263
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Last modified
4/8/2016 1:34:59 PM
Creation date
10/1/2015 12:31:32 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
08/19/2008
Control Number
2008-263
Agenda Item Number
12.C.2
Entity Name
FPL Energy Services Inc.
Subject
Master Agreement Demand Side Management
State Governmental Entities
Supplemental fields
SmeadsoftID
7541
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ARTICLE 14 - CHANGES <br /> Upon receiving such a request, the Company may at its sole option prepare and deliver a proposed Change <br /> Order to the Customer listing the price of the Changes . If the Customer fails to return an executed Change Order, a <br /> sample copy of which is attached to this Master Agreement as Schedule E, the Company shall have no obligation to <br /> complete the Changes. A Change also may result from any failure of the Customer, or its representatives or agents, <br /> to fulfill its obligations hereunder, which failure materially adversely affects the Company ' s cost, schedule <br /> or <br /> performance under this Master Agreement. Should any Change cause a material increase or decrease in the cost of <br /> or time required for the Company ' s performance, or otherwise affect any provision of this Master Agreement, the <br /> Company may propose an appropriate adjustment. The Company shall not be obligated to proceed with or perform <br /> any Change requested by the Customer hereunder until the Parties have agreed in writing upon any such adjustments <br /> resulting from the Change . Except to the extent a Change specifically results in an amendment or adjustment to one <br /> or more provisions of this Master Agreement, all provisions of this Master Agreement shall apply to all Changes, <br /> and no Change shall be implied as a result of any other Change . <br /> ARTICLE 15 - TERMINATION AND DEFAULT <br /> 15 . 1 Termination for Convenience . Either Party may terminate this Master Agreement, in its sole <br /> discretion, at any time, without further liability, upon ten ( 10) days prior written notice to the other Party; provided, <br /> however, that such termination shall not apply with respect to any Services or work of the Company previously <br /> ordered by the Customer under an Authorization Form executed by the Customer on or prior to the termination date . <br /> With respect to any such previously ordered Services or work, including any previously implemented ECO or ECO <br /> under implementation, this Master Agreement and the applicable Customer-authorized proposals, shall remain in <br /> full force and effect in accordance with their terms , unless both Parties specifically agree in writing to the contrary. <br /> 15 . 2 Termination for Cause . <br /> 15 . 2 . 1 Termination by Either Party for Default. A Party shall have the right to terminate this <br /> Master Agreement or a Customer-authorized Implementation Services Authorization Form for cause if. (a) any <br /> proceeding is instituted against a Party seeking to adjudicate such Party as bankrupt or insolvent, or if such Party <br /> makes a general assignment for the benefit of its creditors, or if a receiver is appointed on account of the insolvency <br /> of such Party, or if a Party files a petition seeking to take advantage of any other law relating to bankruptcy, <br /> insolvency, reorganization, winding up or composition or readjustment of debts and, in the case of any such <br /> proceeding instituted against such Party (but not by such Party) such proceeding is not dismissed within sixty ( 60) <br /> days of such filing ; (b) the Customer fails to perform any payment obligation under this Master Agreement and fails <br /> to cure such obligation within ten ( 10) days written notice from the Company; or (c) a Party substantially fails to <br /> perform any non-payment obligation under this Master Agreement and fails to cure or commence and diligently <br /> proceed to cure such obligation within thirty (30) days written notice from the other Party. Subject to Article 6, in <br /> the case of such a termination by a Party, to the extent that the reasonable and necessary costs of completing any <br /> Services previously ordered by the non-defaulting Party under this Master Agreement, including compensation for <br /> obtaining a replacement contractor or for obtaining additional professional services required as a consequence of the <br /> defaulting Party ' s breach, exceed those costs which would have been payable to the defaulting Party but for the <br /> defaulting Party ' s breach, the defaulting Party shall pay the difference to the non-defaulting Party. The Customer <br /> shall pay the Company an amount (to the extent not already paid) equal to the sum of all of the <br /> Company ' s <br /> reasonable costs incurred in performing the Services up to the termination date , including all costs incurred with <br /> respect to any Subcontractors ; provided that the Company makes available to the Customer all of the work product, <br /> equipment and materials produced or obtained by the Company in performing such Services (except any and all <br /> intellectual property of the Company or third parties) . <br /> 15 .2 .2 Payment. All amounts payable by either Party pursuant to Sections 15 . 1 and 15 . 2 shall <br /> be due within thirty ( 30) days following the submission by the other Party of an invoice therefor, which invoice shall <br /> include in reasonable detail an itemization of costs with respect to any amounts measured on the <br /> basis of <br /> reimbursable costs . Reimbursable costs also shall be subject to audit by the other Party, at the other Party ' s expense <br /> upon reasonable advance notice ; provided that such audit shall be completed within sixty (60) days following the <br /> Page 16 of 20 Rev 08/ 15/08 <br />
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