Gulf States Transmission Corporation
Original Volume No. 1
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Effective Date: 12/02/2005, Docket: RP06- 76-000, Status: Effective
Fourth Revised Sheet No. 33 Fourth Revised Sheet No. 33 : Effective
Superseding: Third Revised Sheet No. 33
RATE SCHEDULE IT
Interruptible Transportation Service (Continued)
8.5 (Continued)
(1)(a) Transporter shall not be required to continue to
provide credit, perform or continue service to any Shipper who
is or has become insolvent or who fails to demonstrate
creditworthiness on an ongoing basis.
(2)(b) At any time Transporter may require any Shipper to
demonstrate creditworthiness by providing additional credit
information, including updates of the materials described
above. If a Shipper fails to demonstrate creditworthiness at
that time, the Shipper may still obtain or continue to receive
service hereof if it provides to Transporter one of the
following:
(i) a standby irrevocable letter of credit drawn upon a bank
acceptable to Transporter, in an amount acceptable to
Transporter;
(ii) a guaranty of payment of all Shipper's obligations by a
person or entity which does satisfy the credit
appraisal; or
(iii) prepayment of the sum of two (2) months of the revenues
Transporter would receive if Transporter were performing
such service of the Transportation Demand.
9. PROCEDURES USED TO PROVIDE GENERAL INFORMATION TO SHIPPERS AND POTENTIAL
SHIPPERS
(a) Information regarding Transporter's maximum and minimum rates for
interruptible transportation services, general rate discounting
advisories, gas scheduling or allocation procedures and other
general announcements pertaining to transportation services will be
made available to all Shippers and potential Shippers by electronic
means on Transporter's Interactive Internet Website.
(b) Shippers and potential Shippers will be notified by ordinary U.S.
mail of any general transportation service announcements. Overnight
delivery of this information will be available to Shippers and
potential Shippers upon written request provided that such overnight
delivery services are prepaid.
(c) The determination and allocation of interruptible capacity available
for transportation services on a monthly and daily basis will be in
accordance with Section 15 of the General Terms and Conditions.
Since volumes will be scheduled and subject to allocation on a daily
basis, it is the responsibility of all Shippers and potential
Shippers to contact Transporter's Gas Control or Transportation
Services Department(s) on a daily basis to determine the
availability and allocation of capacity.
10. HEATING VALUE
Refer to Section 3 of the General Terms and Conditions.