Glossary Term: Performance Level
Performance levels are specific targets that suppliers must achieve. Section S: Annex S-2 defines the detailed Supplier Volume Allocation (SVA) Rules for determining Primary Supplier BM Unit Metered Volumes, and Section S: Annex 1 defines Performance Levels with which Suppliers and their Supplier Agents must comply, together with a Menu of Supplier Charges (also known as Liquidated Damages within the Code Subsidiary Documents) in the event that they do not.
BSC defined definition
Means any of the standards of performance specified in the Menu of Supplier Charges; has the meaning given to that term in Annex S‑1;
BSC documentation
- Section S, Annex S-1 – Performance Levels and Supplier Charges
- Simple Guide on Section S, Annex S-1 – Performance Levels and Supplier Charges