Florida Gas Transmission Company, LLC

Fourth Revised Volume No. 1

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Effective Date: 07/12/2010, Docket: RP10-842-000, Status: Effective

First Revised Sheet No. 289 First Revised Sheet No. 289

Superseding: Original Sheet No. 289

 

GENERAL TERMS AND CONDITIONS

(continued)

 

 

3. Each daily RDDQ Order shall set a limit on the ability of the MSS to

take more than its Total Requested Deliveries (overages) or to take

less than its Total Requested Deliveries (underages). For daily RDDQ

Orders which limit underages, MSS must take actual deliveries of at

least 98% of its Total Requested Deliveries. For daily RDDQ Orders

which limit overages, MSS must not take actual deliveries of more

than 102% of its Total Requested Deliveries. MSS's failure to comply

will result in the following charges and may result in the

cancellation of the MSS arrangement.

 

(i) If the RDDQ Order sets a limitation on overages, in the event

delivery quantities exceed such Total Requested Deliveries by

more than 2%, all overages are subject to the following

charges:

 

(1) An overage charge calculated as the daily overage

multiplied by 200% of the highest simple average by zone

of the daily midpoint prices for the indices listed in

the cash-out provisions of Section 14.B, for the week in

which the overage occurred. Such overage charge will be

accounted for pursuant to Section 24.

 

(2) A transportation charge calculated by multiplying the

daily overage by the weighted average 100% load factor

rate of firm services scheduled to the delivery points

covered by the Operating Account Agreement.

 

(ii) If the RDDQ Order sets a limitation on underages, in the event

delivery quantities are less than such Total Requested

Deliveries by more than 2%, all underages are subject to the

following:

 

(1) An underage credit calculated as the daily underage

multiplied by 50% of the lowest simple average by zone

of the daily midpoint prices for the indices listed in

the cash-out provisions of Section 14.B, for the week in

which the underage occurred. Such underage credit will

be distributed pursuant to Section 24.