Dominion Transmission, Inc.

Third Revised Volume No. 1

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Effective Date: 09/23/2000, Docket: RP00-555-000, Status: Effective

Original Sheet No. 1037 Original Sheet No. 1037 : Effective

 

 

GENERAL TERMS AND CONDITIONS

Creditworthiness

 

 

G. If Customer has an ongoing business relationship with

Pipeline, no delinquent balances should be

consistently outstanding for billings made previously

by Pipeline and Customer must have paid its account in

the past according to the establish terms and not made

deductions or withheld payment for claims not

authorized by contract.

 

H. A new credit appraisal shall not be conducted when an

existing contract is amended or a request for a new

contract is made unless the Customer's payment history

with Pipeline has not been satisfactory or there is a

bona fide basis for questioning Customer's

creditworthiness.

 

7.2 If a Customer fails to demonstrate creditworthiness prior

to receiving service, or after service has commenced, such

Customer may still obtain service hereunder if it elects

one of the following options:

 

A. to provide a security deposit equal to three (3)

months' service to be deposited into an interest

bearing escrow account; or

 

B. to make a payment in advance for three (3) months'

service; or

 

C. to provide a standby irrevocable letter of credit

drawn upon a bank acceptable to Pipeline; or

 

D. to provide a guarantee by a person or another entity

which satisfies the credit appraisal; or

 

E. to provide such other security as is mutually

acceptable to both Pipeline and Customer.