-
Type: Improvement
-
Status: Closed
-
Priority: Major
-
Resolution: Fixed
-
Affects Version/s: None
-
Fix Version/s: wd18
-
Component/s: None
-
Labels:None
-
Proposal:
-
Resolution:
Suggest replacing:
For transactive services, the actors are Parties and Counterparties; as, if, and when a contract is concluded, the Parties adopt a VTN or VEN role for subsequent interactions. The terminology of this section is that of business agreements: tenders, quotes, and contract execution and (possibly delayed) performance under contract.
The negotiation, quotes, tenders, and acceptances that may lead to a contract also serve to define the VTN and VEN roles for higher-level services.
With:
For transactive services, the roles are Parties and Counterparties; as, if, and when an option contract or a Resource (Demand Response) contract is concluded, the Parties adopt a VTN or VEN role for subsequent interactions. The terminology of this section is that of business agreements: tenders, quotes, and contract execution and (possibly delayed) performance under called contract.
The negotiations, quotes, tenders, and acceptances that may lead to a contract also serve to define the VTN and VEN roles.