Absence of Express Language Requiring Payment for the Last 20 Years of a 50-Year Contract Does Not Obviate Public Utility’s Obligation to Pay the Government; Appeals of South Carolina Public Service Authority, ASBCA Nos. 60460, 60616

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Appeal contesting the government’s interpretation of a contract’s payment provision is denied. A state utility had a contract with the government under which it agreed to pay the government for excess energy generated by a government-owned power plant. The contract had a 50-year term. But the parties had only expressly agreed to a payment rate […]
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