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.