Glossary Term: Manifest Error
Manifest Errors occurs in a Bid-Offer Pair or an Acceptance.
BSC defined definition
There is a “Manifest Error” in a Bid-Offer Pair or an Acceptance where and only where:
- in relation to a Bid-Offer Pair, there was a Manifest Error on the part of the Lead Party of a BM Unit in the Offer Price and/or the Bid Price associated with a Bid-Offer Pair relating to that BM Unit which has been accepted by the Transmission Company
- in relation to an Acceptance and one or more of the Bids or Offers thereby accepted, the Acceptance of such Bid(s) or Offer(s) was a Manifest Error on the part of the Transmission Company
has the meaning given to that term in Section Q7.1.1(a).