Glossary Term: Annual SVA Costs
SVA Costs shall be those BSC Costs determined by BSCCo to be operational costs directly or indirectly referable to Supplier Volume Allocation. The Main and SVA Specified Charges are the fixed charges associated with being a BSC Party. They are set out in BSC Annex D-3.3 and D-3.4 and are determined by the BSC Panel before the start of each BSC Year.
BSC defined definition
In relation to a BSC Year, it means all Supplier Volume Allocation (SVA) Costs accruing (in accordance with the BSCCo Accounting Policies) in that year; has the meaning given to that term in Section D2.1.1;