Columbia Gulf Transmission Company

Second Revised Volume No. 1

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Effective Date: 04/01/2004, Docket: RP00-326-004, Status: Suspended

Second Revised Sheet No. 93 Second Revised Sheet No. 93 : Suspended

Superseding: First Revised Sheet No. 93

 

IMS RATE SCHEDULE

IMBALANCE MANAGEMENT SERVICE (Continued)

 

 

(b) For all service provided under this Rate Schedule, Shipper each Month shall pay Transporter

the charges set forth below, unless otherwise mutually agreed to by Transporter and Shipper and specified in

Shipper's IMS Service Agreement:

 

(i) IMS Account Balance Charge. The IMS Account Balance Charge shall be applied for

each Dekatherm (Dth) of the IMS Parked Account Balance Quantity per zone or IMS

Loaned Account Balance Quantity per zone at the end of each Day during the Month.

 

(ii) Surcharges. The surcharges applicable to this Rate Schedule.

 

(c) The charges and surcharges described above are subject to adjustment in accordance with the

procedures set forth in the General Terms and Conditions.

 

(d) Transporter shall not retain any quantities for Retainage from the gas tendered for parking

or lending under this Rate Schedule.

 

 

5. OPERATIONAL REQUIREMENTS OF TRANSPORTER

 

(a) Shipper must clear an IMS Parked Amount Balance or an IMS Loaned Account Balance by the end

of the subsequent Day in which service under this Rate Schedule is provided. In the event that Shipper fails

to clear such IMS Parked Account Balance or IMS Loaned Account Balance by the end of the subsequent Day,

Shipper shall be assessed the IMS Account Balance Charge, set forth in Section 4(b) above, for each Day until

Shipper's IMS Account Balance Quantity equals zero. A Shipper that fails to achieve an IMS Account Balance

Quantity of zero may elect to enter into a parking or loaning transaction with Transporter pursuant to Rate

Schedule PAL and transfer Shipper's IMS Account Balance Quantity to an Account Balance under a PAL Service

Agreement.

 

(b) Shipper may be required, upon notification from Transporter to cease or reduce deliveries to,

or receipts from, Transporter hereunder within the Day, consistent with Transporter's operating requirements.

Further, Shipper may be required to remove parked quantities or return loaned quantities by the end of the

subsequent Day upon notification by Transporter. Such notification shall be by Transporter's EBB and Internet

e-mail. Transporter's notification shall specify the time frame within which IMS parked quantities shall be

removed or IMS loaned quantities shall be returned, consistent with Transporter's operating conditions, and

subject to the following conditions:

 

(i) In the event that Shipper makes a valid nomination, which Transporter subsequently

confirms, in response to notification by Transporter to remove IMS parked quantities or return IMS

loaned quantities, Shipper shall be deemed to have complied with Tranporter's notification; and

 

(ii) Unless otherwise agreed by Transporter and Shipper: (1) any IMS parked quantity not

removed within the time frame specified by Transporter's notice shall become the property of

Transporter at no cost to Transporter, free and clear of any adverse claims; and (2) any IMS loaned

quantity not returned within the time frame specified by Transporter's notice shall be sold to

Shipper at 150 percent of the Spot Market Price for each Dth.