Puget Sound Energy, Inc.
Original Volume No. 1
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Effective Date: 11/01/1998, Docket: CP98-250-002, Status: Effective
Original Sheet No. 51 Original Sheet No. 51 : Effective
together with interest at the FERC refund rate as specified in
FERC regulation 154.501(d). Interest will accrue from the due
date of said unpaid invoice, but such interest will not exceed the
maximum permitted by applicable law.
6.12.1 An Owner may dispute, in good faith, the amount of an
invoice by providing the Project Operator a brief written
description of such dispute, including but not limited to the
disputed amount. The disputing Owner shall promptly pay the
portion of such invoice not in dispute, and acceptance of such
payment by the Project Operator will not prejudice the Project
Operator's claim as to the disputed unpaid portion of the invoice
plus interest, as provided above. Notwithstanding such payment by
the Owners and the acceptance thereof by the Project Operator, any
errors in such invoices or payments will be corrected by the
Owners or Project Operator, as appropriate. An Owner must notify
the Project Operator in writing, of such errors within twenty-four
(24) Months after the date of the erroneous invoice, but not
thereafter. In addition, each Owner will have the right to
contest any invoice by requesting an audit pursuant to
Section 6.9. If no exceptions to an invoice are taken within such
twenty-four (24) Month period, such invoiced costs will be deemed
to have been billed correctly. Any Owner including the Project
Operator, shall have the affirmative duty to correct any invoice
errors of which it has actual knowledge, regardless of such
Owner's lack of knowledge of any other error.
6.12.2 Any overpayments or underpayments by the Owners or audit
exceptions agreed to by the Project Operator will be refunded to
Owners or remitted to the Project Operator with interest as
specified in Section 6.12.
6.12.3 The Storage Project will not be charged with any salaries
of Committee members, or salaries of the executives of the Owners,
unless specifically authorized by the Committee.