Garden Banks Gas Pipeline, LLC
Original Volume No. 1
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Effective Date: 05/10/2010, Docket: RP10-594-000, Status: Effective
First Revised Sheet No. 68A First Revised Sheet No. 68A
Superseding: Original Sheet No. 68A
GENERAL TERMS AND CONDITIONS
4.6 Prior Period Adjustments
The deadline for closing of measurement data shall be no later than 5
Business Days after the month of flow. Missing or late measurement data
shall be estimated by the measuring party. Any measurement data or
corrections received by Transporter after it has closed the previous
month of flow shall be handled as a prior period adjustment.
Transporter shall process late measurement data or corrections of
measurement errors as soon as practicable. However, for Transportation
Service Agreements executed after June 1, 1997, Transporter shall
process late measurement data or corrections of measurement errors as
soon as practicable but no later than six months after the applicable
month of flow in question with a three month rebuttal period. These
deadlines do not apply in the case of deliberate omission or
misrepresentation by a party (or its representative) or mutual mistake
of fact. The parties' other statutory or contractual rights shall not
be diminished by this provision. The correction shall be made to the
month of flow with a restated line item and a new total quantity of gas
for the specific day(s) and the respective month.