K O Transmission Company
Original Volume No. 1
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Effective Date: 06/01/1997, Docket: RP97-339-000, Status: Effective
First Revised Sheet No. 037 First Revised Sheet No. 037 : Effective
Superseding: Original Sheet No. 037
GENERAL TERMS AND CONDITIONS (continued)
2. Request for Service (con't.)
changed in any manner material to creditworthiness and may update items that
have materially changed.
2.4 Advance Determination of Creditworthiness
A Requestor shall submit the data required in this Section at least fifteen
(15) business days in advance of bidding for or requesting new or increased
service for an advance determination of creditworthiness by Transporter.
2.5 Deficient Requests
Transporter shall promptly notify a Requestor whose request for service has been
rejected because of Requestor's failure to satisfy the provisions specified in
this Section. Such notice shall identify the deficiencies that must be corrected
in order to make a valid request to Transporter.
2.6 Material Changes
If any information provided by Requestor pursuant to this Section materially
changes, Requestor shall provide Transporter with prompt written notification of
2.7 Denial of Requests
Transporter may reject any request for service from a Requestor that fails to
meet Transporter's creditworthiness requirements unless Requestor provides
assurance of payment as provided in Section 2.8 below. Grounds for rejection
shall include, but shall not be limited to, Requestor's failure (i) to show that
Requestor's obligations are being paid in a timely manner, or (ii) to provide
reasonable assurance that Requestor will be able to continue to pay its
obligations in the future.
2.8 Assurance of Payment
If Transporter denies a request for service and does not approve the placement
of Requestor's name on the Approved Bidders List due to a failure to satisfy
Transporter's creditworthiness requirements, Requestor may obtain service or be
placed on the Approved Bidders List if it provides Transporter with assurance of
payment in the manner set forth in Section 27 (Creditworthiness of Shipper) of
the General Terms and Conditions of this Tariff. If Requestor fails to tender
such assurance of payment within ten (10) days, or such longer time period
reasonably established by Transporter, Transporter may deny Requestor's request
for service or reject any bid submitted by Requestor.