Minor and Necessary Guidance 2014
Posted 12.05.2014
This document was published in 2014 to provide guidance for the first Allocation Round.
Here's what to expect:
1 Purpose and Scope:
- The document provides guidance for applicants seeking minor and necessary modifications to standard terms under the Contracts for Difference (CfD) scheme for the 2014 allocation round.
2 Application Process:
- Outlines the steps for submitting an application, including registration, completing the Minor & Necessary Change Request Form, and providing necessary details and rationale for the requested change.
3 Criteria for Modifications:
- Defines what constitutes a minor and necessary change, emphasizing that modifications must not decrease liabilities or increase commercial benefits for generators, and must be essential for applicants to accept a CfD offer.
4 Evaluation and Transparency:
- Describes how Low Carbon Contracts Company (LCCC) evaluates requests, provides feedback, and ensures transparency by publishing agreed changes on their website.
This guidance helps applicants understand the procedures and requirements for modifying CfD standard terms, ensuring clarity and consistency in the application process.
Minor and Necessary Guidance 2014