N-1Non-Confidential Work Order 10/4/2010
13 passages
Project Governance Considering the involvement of multiple jurisdictions and companies, as well as the technical and the financial risk involved, the development of an oversight committee was determined by the Parties to be the appropriate...
AI summary To manage the complexities and risks of the project involving multiple jurisdictions and companies, NB Power committed to establishing an Executive Oversight Committee and associated project governance structure as part of the Proposal to the Minister. Details are outlined in Schedule D of Appendix 1.
8. EXECUTIVE OVERSIGHT COMMITTEE - 8.1 An executive oversight committee will be established and maintained in accordance with the parameters set forth in Schedule "D" ("Executive Oversight Committee") . - 8.2 The Executive Oversight COlmni...
AI summary The document outlines the establishment of an Executive Oversight Committee, governed by Schedule 'D', with specific limitations on its authority and requirements for party participation through designated officials as outlined in Schedule 'DH'.
11. MONITORING Il.l The Parties acknowledge and agree that each will, at its own expense, preserve and make available for audit and examination by the Minister or the Minister's - representatives the books, accounts and records of their co...
AI summary The Parties agree to maintain records of their contributions to the Project for five years post-completion and allow NB Power reasonable access for audit purposes.
21.1 Dispute Resolution (a) In this Agreement, "dispute" or "disputes" means differences between two or more of the Parties as to the interpretation, application, or administration of the Agreement or any failure to agree where agreement b...
AI summary The dispute resolution process outlined in the agreement involves initial attempts at amicable resolution, followed by escalation to a Working Group, then the Executive Oversight Committee, and finally binding arbitration under the Arbitration Act of New Brunswick if unresolved. Costs of arbitration are to be shared equally or pro rata, excluding legal fees.
FOUR: To RESPOND TO NATIONAL AND REGIONAL PRIORITIES FOR RESEARCH AND COLLABORATION.
AI summary This section outlines the commitment to align with national and regional priorities for research and collaboration, emphasizing efforts to address environmental and energy challenges through coordinated initiatives.
2.3.3 EVIDENCE OF RECEPTOR INTEREST Provide evidence that this receptor interest exists, is there evidence of market pull? Are receptor interests involved on the project team? Are they passive interests or do they have financial commitment...
AI summary This section asks for evidence that receptor interest exists, whether there is market pull, if receptor interests are involved on the project team, and whether they are passive or have financial commitments to the project.
22. GOVERNING LAW 22.1 This Agreement shall be interpreted in accordance with the applicable federal laws end the laws in force in the Province of New Brunswick.
AI summary The agreement is governed by applicable federal laws and the laws in force in the Province of New Brunswick.
26. DISPUTE RESOLUTION - 26.1 The Parties may attempt to resolve any dispute arising out of or pursuant 10 this Agreement by recourse to the dispute resolution methods Identified In the following sequence, although steps may be by-passed b...
AI summary Section 26 outlines a dispute resolution process, beginning with negotiations, followed by non-binding mediation or conciliation, and finally binding arbitration under the Commercial Arbitration Act of Canada. If no agreement is reached, litigation in Canadian courts is an option. Costs are shared by the parties, and the process is governed by Canadian standards.
GOVERNANCE Considering the involvement of mUltiple jurisdictions and companies, as well as the technical and the financial risk involved, the development of an oversight committee was determined by the Parties to be the appropriate means o...
AI summary The Parties determined that an oversight committee is necessary to manage the complexities and risks involved in the project. NB Power committed to establish an Executive Oversight Committee as part of the Proposal to the Minister. This schedule outlines the regulation of the committee's affairs and describes the roles of the Program Director, Working Group, and Project Management Office.
Members The Executive Oversight Committee shall comprise five (5) voting members: NB Power, NSPI, Maritime Electric, the Commission and UNB shall each appoint one voting member and one alternate voting member to the Executive Oversight Com...
AI summary The Executive Oversight Committee is composed of five voting members, each appointed by NB Power, NSPI, Maritime Electric, the Commission, and UNB, along with one non-voting member from the New Brunswick System Operator. The chairmanship rotates among the utilities, starting with a representative from NSPI.
Voting and Quorum The Executive Oversight Committee shall comprise five (5) voting members: NB Power, NSPI, Maritime Electric, Saint John Energy and UNB shall each appoint one voting member to the Executive Oversight Committee. The New Bru...
AI summary The Executive Oversight Committee consists of five voting members appointed by NB Power, NSPI, Maritime Electric, Saint John Energy, and UNB, with the New Brunswick System Operator as a non-voting member. A quorum requires NSPI, NB Power, and one other member, and decisions are made by majority vote with a specified dispute resolution process in case of a tie.
Meeting of Members Place of Meeting: Meetings of members may be held at any place within the New Brunswick, Nova Scotia or Prince Edward Island as the members may from time to time determine or as the person convening the meeting may give...
AI summary The document outlines the procedures for holding meetings of the Executive Oversight Committee, including location, frequency, notice requirements, and the validity of resolutions in lieu of meetings. It also specifies the role of the Chairperson and the process for electing a chair in their absence.
I Program Director: NB Power wiII appoint a Program Director to oversee the Project. The Program Director wiII be accountable to the Executive Oversight Committee for fulfillment ofthe Project scope, deliverables, performance milestones an...
AI summary NB Power will appoint a Program Director to oversee a project, ensuring alignment with project scope, deliverables, and funding arrangements. The Program Director will manage stakeholder relations, coordinate with government and regulatory bodies, and ensure the project is delivered on time and within budget.