Williston Basin Interstate Pipeline Co.
Second Revised Volume No. 1
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Effective Date: 05/14/2010, Docket: RP10-602-000, Status: Effective
Fourth Revised Sheet No. 310 Fourth Revised Sheet No. 310
Superseding: Third Revised Sheet No. 310
GENERAL TERMS AND CONDITIONS (Continued)
37. TAKE-OR-PAY BUYOUT AND BUYDOWN COST RECOVERY MECHANISM
(For Filings Submitted to FERC After November 1, 1990) (Continued)
recovery period will be determined and specified by Transporter at
the time of filing for authority to implement such rates based on
dollar amounts paid by Transporter pursuant to Subsection 37.2.2
hereof. The "First Total Recovery Period" under Section 37 shall
begin January 17, 1991, for service rendered on and after that
date, and continue thereafter through January 16, 1996.
37.2.2 Payments to Producer/Suppliers - The dollar amounts paid
by Transporter to any of its producers/suppliers which constitute
buyout/buydown payments. Such payments will include payments made
pursuant to order(s) or settlement(s) with respect to gas purchase
contracts which are or were the subject of litigation before
court(s) and/or arbitration proceedings as of March 31, 1989.
Such payments shall also include known and measurable
buyout/buydown amounts for which a filing is submitted to FERC.
Transporter's monthly billings to its customers shall contain, as
applicable, a separately stated fixed monthly surcharge and/or
throughput surcharge providing for the recovery of all or a
portion of Transporter's buyout/buydown costs, plus appropriate
carrying charges. Carrying charges shall be the quarterly
interest rate published by the FERC and computed in accordance
with Section 154.501 of the FERC's Regulations.
37.2.3 Amortized Amounts - The amount of payments to
producer/suppliers subject to amortization shall be determined by
Transporter pursuant to order(s) or settlement(s) with respect to
the aforesaid gas purchase contracts which are or were the subject
of litigation before court(s) and/or arbitration proceedings as of
March 31, 1989 and other known and measurable amounts for which a
filing is submitted to FERC.
37.2.4 Throughput Surcharge - A throughput delivery surcharge
reflected on the Statement of Rates tariff sheet(s) contained in
Transporter's FERC Gas Tariff, Second Revised Volume No. 1.