Venice Gathering System, L. L. C.

Original Volume No. 1

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Effective Date: 01/01/1998, Docket: CP97-533-002, Status: Effective

Original Sheet No. 164 Original Sheet No. 164 : Effective

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

16.11 Prior Period Adjustments

 

The cutoff for the closing of measurement is five (5)

Business Days after the business month, with adjustments

after this day treated as a prior period adjustment. Prior

period measurement adjustments will be taken back to the

production month, and provided as a restated line item with

a new total quantity for the day and the month. Missing or

late measurement data will be estimated by the measuring

party, with the actual data then treated as a prior period

adjustment. Measurement data upstream of aggregated points

will be sent to the allocating party and used to allocate

the aggregated volumes back to the upstream parties.

 

Measurement data corrections will be processed within

six (6) months of the production month, with a three (3)

month rebuttal period. Adjustments may be made after this

time period if all affected parties agree. This time

limitation will not apply in the case of deliberate omission

or misrepresentation or mutual mistake of fact. Parties'

other statutory or contractual rights will not otherwise be

diminished by this provision.

 

16.12 Acceptance of Measurement Standards

 

Customers taking service under this tariff accept the

measurement standards and procedures set forth herein.

Customers assume the risk of utilization and reliance on

such measurement standards and procedures for purposes other

than transportation.