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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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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.
Prime contractors working on projects for Long Island Power Authority (LIPA) are required to file LIPA-ServCo Flow Down documents.
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.
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.
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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