Questar Southern Trails Pipeline Company
Original Volume No. 1
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Effective Date: 06/15/2009, Docket: RP09-592-000, Status: Effective
Original Sheet No. 68B Original Sheet No. 68B
GENERAL TERMS AND CONDITIONS
e. For non-public entities, including those
that are state-regulated utilities, the most recent available interim
financial statements, with an attestation by its CFO that such statements
constitute a true, correct, and fair representation of the Shipper's
financial condition prepared in accordance with GAAP or equivalent;
f. For non-public entities, including those
that are state-regulated utilities, any existing sworn filings, including the
most recent available interim financial statements and annual financial
reports filed with the respective regulatory authority, showing the Shipper's
current financial condition;
g. For any state-regulated utility local
distribution company, documentation from its state regulatory commission (or
equivalent authority) of an authorized cost recovery mechanism;
h. List of affiliates, parent companies, and
subsidiaries;
i. Publicly available credit reports from
credit and bond rating agencies;
j. Private credit ratings, if obtained by the
Shipper;
k. Bank references;
l. Trade references;
m. Statement of legal composition;
n. Statement of the length of time the
business has been in operation; and
o. Such other information as may be mutually
agreed to by the parties.
(v) If Southern Trails concludes that a Shipper is
noncreditworthy, Southern Trails shall notify Shipper within ten (10) Days
after that determination is made. If requested by Shipper, Southern Trails
shall provide a written explanation of the reasons for this determination. A
Shipper may challenge this determination by providing a written rebuttal to
Southern Trails' explanation within ten (10) Days after the explanation is
provided by Southern Trails. Southern Trails shall respond to such a rebuttal
in writing within ten (10) Days. Any re-evaluation of credit by Southern
Trails in response to such a rebuttal by the Shipper shall be based on the
credit criteria set out in this Section.