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4.1. ERMUSR 12-17-2019
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4.1. ERMUSR 12-17-2019
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12/19/2019 3:57:01 PM
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ERMUSR
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12/17/2019
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SCHEDULE 2 - STANDARD CONTRACTS <br />Customer shall be entitled to, now or in the future, under any other agreement or <br />tariff as a result of, or otherwise associated with, the transmission capacity, if any, <br />created by the Network Upgrades, including the right to obtain cash reimbursements <br />or transmission credits for transmission service that is not associated with the <br />Distributed Energy Resource. <br /> <br />15Billing, Payment, Milestones, and Financial Security <br />15.1.Billing and Payment Procedures and Final Accounting. The Area EPS Operator shall bill <br />the Interconnection Customer for the design, engineering, construction, and <br />procurement costs of Interconnection Facilities and Upgrades contemplated by this <br />Agreement, and the Interconnection Customer shall pay each bill, pursuant to the M- <br />MIP Interconnection Process documents, or as otherwise agreed to by the Parties. <br /> <br />15.2.Within 80 Business Days (approximately 4 calendar months) of completing the <br />and/or Upgrades described in the Attachments to this Agreement, the Area EPS <br />Operator shall provide the Interconnection Customer with a final accounting report, <br />as described in the M-MIP Fast Track Process Section 9.4.3 and the Study Process <br />Section 11.4.3. <br /> <br />15.3.Milestones. Pursuant to the M-MIP Fast Track Process Section 9.1 and the Study <br />Process Section 11.1, the Parties shall agree on milestones for which each Party is <br />responsible and list them in Attachment 4 of this Agreement. <br /> <br />15.4.Financial Security Arrangements. Pursuant to the M-MIP Fast Track Process Section <br />9.5 and the Study Process Section 11.5, the Interconnection Customer shall provide <br />of credit or other form of security that is reasonably acceptable to the Area EPS <br />Operator and is consistent with the Minnesota Uniform Commercial Code. Such <br />security for payment shall be in an amount sufficient to cover the costs for <br />constructing, designing, procuring, and installing the applicable portion of the Area <br />ced on a <br />dollar-for-dollar basis for payments made to the Area EPS Operator under this <br />Agreement during its term. In addition: <br /> <br />15.4.1.The guarantee must be made by an entity that meets the creditworthiness <br />requirements of the Area EPS Operator, and contain terms and conditions <br />that guarantee payment of any amount that may be due from the <br />Interconnection Customer, up to an agreed-to maximum amount. <br /> <br />Municipal Minnesota Interconnection Agreement _ January 2019 11 <br /> <br />111 <br />
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