Natural Gas Pipeline Company Of America

Seventh Revised Volume No. 1

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Effective Date: 04/18/2008, Docket: RP08-319-000, Status: Effective

Original Sheet No. 389 Original Sheet No. 389 : Pending

 

 

GENERAL TERMS AND CONDITIONS

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written notice prior to March 15, 1994 specifying the volume in

dispute along with documentation which supports the Shipper's

position, such as allocation statements from the operator of the

facilities at which Natural received or delivered the volume being

Disputed. Within sixty (60) days Natural and Shipper will meet

and/or exchange any other documentation as necessary to resolve

the dispute. If the dispute has not been resolved by the end of

those sixty (60) days, either party may thereafter submit written

notice to the other that any remaining disputed amount shall be

resolved utilizing the following arbitration procedures:

 

(1) Natural and Shipper shall have thirty (30)

days from the date of the notice to agree on an arbitrator

employed by one of the following accounting firms:

 

Arthur Andersen & Co.

Cooper's & Lybrand

Deloitte & Touche

Ernst & Young

KPMG Peat Marwick

Price Waterhouse & Co.

 

If Natural and Shipper cannot agree, a Federal district court

judge from the Northern District of Illinois will be asked to

select the arbitrator from one of the above listed accounting

firms. The arbitrator selected shall not be employed by a firm

that represents either Natural or Shipper as its independent

auditor for financial reporting purposes, shall not be financially

interested in the outcome of the dispute, and shall not be a

current or former employee of Natural or Shipper. The arbitrator

shall be qualified by education and/or experience to pass on the

particular issues in dispute. Natural and Shipper shall share

equally in the compensation and expenses of the arbitrator. Each

party shall be responsible for its own expenses in preparing and

presenting evidence before the arbitrator.

 

(2) Natural and Shipper shall furnish the

arbitrator with the quantity that each believes represents the

appropriate remaining imbalance that is still in dispute, along

with all supporting documentation. The arbitrator shall meet and

hear the parties with respect to matters relevant to the dispute.

The jurisdiction of the arbitrator shall be limited to the

selection, based on all relevant information presented, of either

the remaining imbalance volume submitted by Shipper or the