ltsa agreement
they are in a special class of expensive investments, ones that need maintaining, upgrading, and replacing over time. a common risk mitigation tool used by plant developers and owners around the world, ltsas ensure that an owner doesn’t bear the entire financial and liability burden of maintaining their plant. an ltsa can be beneficial to an owner, but it’s also a complex agreement that needs careful scrutiny to maximize the value and protection it can offer. usually, an ltsa provides specialized labor and expertise for activities that are crucial to the operation of a power plant. and it is not a substitute for the prudent operating and maintenance practices at your facility. doing so can save you unexpected and unavoidable costs that may arise only after you have already selected the technology.