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EXHIBIT XX.XX
STANDARD CONTRACT CLAUSES FOR LISA CONTRACTS
LISA FLOW DOWN PROVISIONS
FOR CONTRACTS ENTERED INTO BY
PEG LONG ISLAND LLC
AND
LONG ISLAND ELECTRIC UTILITY SERVO LLC
as agent of and acting
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What is lipa -servco flow down?
LIPA-ServCo Flow Down is a process by which Long Island Power Authority (LIPA) requires its contractors to pass down certain contract terms and conditions to lower tier subcontractors.
Who is required to file lipa -servco flow down?
Prime contractors working on projects for Long Island Power Authority (LIPA) are required to file LIPA-ServCo Flow Down documents.
How to fill out lipa -servco flow down?
To fill out LIPA-ServCo Flow Down, contractors must review the terms and conditions provided by LIPA, and ensure they are passed down to lower tier subcontractors.
What is the purpose of lipa -servco flow down?
The purpose of LIPA-ServCo Flow Down is to ensure that all subcontractors working on LIPA projects are aware of and adhere to the contract terms and conditions set by LIPA.
What information must be reported on lipa -servco flow down?
LIPA-ServCo Flow Down must include details of the contract, scope of work, terms and conditions, and any other pertinent information required by LIPA.
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