Central Kentucky Transmission Company

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 05/01/2006, Docket: CP05- 48-002, Status: Effective

Original Sheet No. 114 Original Sheet No. 114 : Effective

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

Transporter should apply payment per supporting documentation provided by

Shipper. If payment differs from the invoiced amount, remittance detail

should be provided by the Shipper with the payment except when payment is

made by EFT in which case, the remittance detail is due within two Business

Days of the payment due date. Shipper shall pay the portion not in dispute

and shall provide documentation identifying the basis for the dispute.

 

(b) If rendering of a bill by Transporter is delayed after the

tenth day following the date of the final monthly meter reading, then the

time of payment shall be extended by the same number of days unless Shipper

is responsible for such delay.

 

(c) Should Shipper fail to pay all of the amount of any bill as

herein provided, interest on the unpaid portion of such bill shall be

computed at the rate set forth in Section 154.501 of the Commission's

Regulations, prorated for the number of days from the due date of payment

until the actual date of payment.

 

(d) If Shipper in good faith disputes the amount of any such bill

or part thereof, Transporter shall not be entitled to suspend further

delivery of gas if (i) Shipper pays to Transporter such amounts as it

concedes to be correct and provides written documentation as to the basis

for the dispute; (ii) within 30 days of a demand made by Transporter,

Shipper furnishes good and sufficient surety bond in an amount and with

surety satisfactory to Transporter; (iii) such surety bond guarantees

payment to Transporter of the amount ultimately found due upon such bill,

plus accrued interest, upon a final determination by agreement or by

judgment of the courts; and (iv) Shipper does not default on the conditions

of such bond. If Shipper (i) has complied with all of the requirements in

the immediately preceding sentence; (ii) prevails on the merits of such

dispute concerning such bill by reason of a final determination by

agreement or by judgment of the courts; and (iii) makes payment to

Transporter in accordance with such final determination, then Transporter

shall reimburse Shipper for the reasonable premium cost incurred by Shipper

in obtaining such surety bond upon Transporter's receipt from Shipper of

the documentation of such premium cost.