Updated Draft of the CFD Standard Terms and Conditions

DECC published, on 17 December, an updated draft* of the CFD Standard Terms and Conditions, alongside various CFD Agreements.  The updated draft terms, which do not apply to CFDs already allocated, shows the changes made to the contract compared with the version consulted on in March 2015, and reflect the positions set out in the government response published in June 2015, e.g. amendments relating to negative pricing and the Milestone Requirement Notice.

The updated draft is available on the government website.

*Please note that the updated draft remains  a “draft” until it is issued together with an allocation round notice.