- All party settlement:
- Some regulatory agencies utilize negotiated agreements
in addition to (or instead of) rate cases with formal hearings. The outcome
is viewed as acceptable by the regulatory authority if the negotiated
settlement is supported by all the stakeholders, the public interest is
adequately represented in the process, no part of the agreement runs counter
to existing regulatory rules or previous decisions, and a factual record is
developed to enable the agreement to be implemented.
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