[OASIS Issue Tracker] Commented: (ENERGYINTEROP-326) Please addstandard language for Transaction and Agreement

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    [ http://tools.oasis-open.org/issues/browse/ENERGYINTEROP-326?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=24696#action_24696 ] 

Edward Cazalet  commented on ENERGYINTEROP-326:
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The necessary language changes also are addressed in Issue 318 where I was asked to review the Glossary.

Currently the Glossary states the following: 

Agreement is broad context that incorporates market context and programs. Agreement definitions are 
out of scope in Energy Interoperation. See Contract. 

Contracts are individual transactions entered into under an Agreement. 

I suggested that we rewrite  the second sentence as follows: 

A transaction binds two parties in the context of an Agreement. 

There is no need to introduce the word Contract any where in our documents.

We can include a footnote to the effect that the term transaction used herein refers to an energy or business transaction and not to an information technology transaction.

I suggest that there be a global replace of Contract by Transaction in both EMIX and EI. However each place we do a replace there may be cases where contract meant Agreement.

Both EMIX and EI will also have a table of transactive states that includes definitions of transactions and tenders.  I don't think we need more than this.  In the explanation of these transactive states we can also indicate that bid and offer are other words for tender and an ISO auction Award is a transaction.  However, for clarity we should use only the terms Tender and Transaction in our normative language and rest of the definitions of these terms we provide therein.



> Please add standard language for Transaction and Agreement
> ----------------------------------------------------------
>
>                 Key: ENERGYINTEROP-326
>                 URL: http://tools.oasis-open.org/issues/browse/ENERGYINTEROP-326
>             Project: OASIS Energy Interoperation TC
>          Issue Type: New Feature
>    Affects Versions: wd18
>            Reporter: Toby Considine
>            Assignee: Edward Cazalet 
>             Fix For: wd19
>
>
> Please provide boilerplate paragraph on Trans / Agreement / Contract for inclusion in both EMIX and EI

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