Key Conditions - a. Documentation provided by NS-IESO at the commencement of the engagement is complete, accurate, and sufficient to support a comprehensive assessment of options and the development of a detailed roadmap. This documentatio...
AI summary The key conditions outline requirements for NS-IESO's documentation, restriction of market rule changes during Phase 2, IBM's use of a decision framework, and detailed analysis of top options. Documentation must be complete, including NERC compliance and infrastructure details. IBM will assess options based on feasibility and cost, with a focus on Transfer/Staging scenarios.
4.2 Current-State Operational, Technical, and Regulatory Assessment IBM will establish a validated baseline of existing NSP and IESO Nova Scotia operational, technical, cybersecurity, and regulatory states to inform subsequent option analy...
AI summary IBM is conducting a baseline assessment of NSP and IESO Nova Scotia's operational, technical, cybersecurity, and regulatory states. Tasks include reviewing control room operations, IT/OT systems, NERC CIP compliance, emergency frameworks, market rules, legislative obligations, and organizational readiness under the More Access to Energy Act (2024). The analysis identifies capability gaps and transition dependencies.
2.07 Force Majeure Neither party shall be liable for damages caused by delay or failure to perform its nonmonetary obligations under the Contract where such delay or failure is caused by an event beyond its reasonable control. The parties...
AI summary The Force Majeure clause outlines circumstances where parties are not liable for nonperformance due to events beyond their control, such as natural disasters or acts of war, but excludes supply shortages. Notification requirements and termination rights are specified if delays exceed 15 business days.