20VAC5-301-80: Contract negotiations
Where this section sits in the code
- Title 20. Public Utilities And Telecommunications
- Agency 5. State Corporation Commission
- Chapter 301. Rules Governing the Use of Bidding Programs to Purchase Electricity from Other Power Suppliers
Any contract negotiations between the utility and a potential supplier of electricity should be in strict accordance with what is stated in the company's RFP. In fairness to all bidding participants, contract negotiations should not be extensive. Fundamental changes in the nature of the project or capacity and purchase payments must not be negotiated. Any contract signed must include provisions that assure a facility's performance and continued availability under the agreement.
Collected 2026-09-14T04:53:25Z. Source file · JSON