Agreement For Operation And Maintenance

Assuming that important aspects of the operation and maintenance of the installation (in particular those likely to affect the performance of the installation) are carried out by a third party under another agreement. (1) What are the reports to be drawn up on a regular basis? (2) What is to be included in the reports depends on the Authority`s participation in the services. (3) How many times does accounting have to be drawn up? (4) Are these financial statements audited? (5) Should there be a spare parts warehouse? (6) Should there be a heritage register? Does it already exist? If not, how much time is given to the operator to prepare one? 7. Does the agreement provide that the Authority (and, where applicable, lenders) have access to the operator`s facilities and documents for inspection and audit purposes? The purpose of this checklist is to identify key areas to be considered when reviewing and drawing up an operations and maintenance contract where the agreement is a separate agreement (i.e. the operator cooperates directly with the licensor) and not a part of a concession agreement under which the concessionaire`s commitments are allocated to an operator during the operating life. . . .