Contracts for Difference (CfD) Allocation Round 4: standard terms and conditions
Contracts for Difference final versions of the Standard Terms and Conditions for use in CfD Allocation Round 4 (AR4).
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These are the final versions of the CfD Standard Terms and Conditions, the Generic Agreement and contract variants for CfD Allocation Round 4.
The government published a draft version of the Private Network Agreement on 25 November 2021 to allow for suggestions as to the drafting of certain aspects of the Agreement put to the government in recent days to be considered. Having reviewed the suggestions received, the government decided not to adopt them. On 30 November 2021 we published the final version of the Private Network Agreement.
Each CfD contract issued in Allocation Round 4 (AR4) will comprise 2 components:
- the specific front-end CfD Agreement
- the Standard Terms and Conditions
The generic CfD Agreement forms the front section of the CfD contract and contains project-specific information that tailors the application of the Standard Terms and Conditions. CfD applicants should select this CfD Agreement, unless one of the other published variations is required - for example the phased (apportioned and single metering) terms or private network terms.
These final versions incorporate changes made to the Standard Terms and Conditions and CfD Agreement that were consulted on in October 2021. However, as indicated in the government response to the October 2021 consultation on further contract changes, the government will closely monitor the progress of the Subsidy Control Bill through Parliament and may amend the definition of ‘Subsidy’ in the Standard Terms and Conditions before contracts awarded through AR4 are signed, subject to the timing of the Bill’s passage through Parliament and the final legal definition of ‘Subsidy’ approved by Parliament.
Last updated 30 November 2021 + show all updates
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Final version of the Private Network Agreement document published.
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First published.