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The mission of the EEI Contract Drafting Committee is to promote liquidity, stability, and certainty in U.S. wholesale electricity markets as follows: (1) Standardized Contracts. To develop and promote the use of standardized contracts and product descriptions for physical energy transactions in U.S. wholesale markets, with a preference for the EEI Agreement and other standardized EEI-based agreements; (2) Standardized Optional Provisions. To develop industry consensus positions and publish suggested contract provisions based on those consensus positions for use, (i) as optional provisions in EEI Agreements and other standardized EEI documents, and/or (ii) in confirmations to document certain types of transactions under EEI Agreements; and (3) Keep the Industry Informed. To inform energy attorneys, credit risk managers, contract administrators and other energy industry professionals of emerging issues and possible ways to solve those issues by using standardized contracts. For more information on the Master Contract, Optional Provisions, or the Contract Drafting Committee, please contact:
Aaron Trent Manager, Financial Analysis: atrent@eei.org or 202-508-5526 and Christina Furbay Legal Assistant: cfurbay@eei.org or 202-508-5092
An e-mail list server is available to facilitate discussion, industry-wide acceptance, and use of the Master Contract.