Total Peaking Services, L. L. C.

Original Volume No. 1

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Effective Date: 04/01/1998, Docket: CP96-339-001, Status: Effective

Original Sheet No. 48 Original Sheet No. 48 : Effective

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

3. REQUEST FOR SERVICE (Continued)

 

3.4 Evaluation of Service Request (Continued)

 

where:

 

Pt is the sum of the projected payments in year for

liquefaction, storage, and vaporization services

based upon the estimated firm rates for service and

the quantity of requested service;

 

n is the number of years of requested service; and

 

i is the annual interest rate on five year U.S.

Government Treasury notes at the time of evaluation.

 

If two or more submitted bids have the same NPV, and there is

insufficient capacity for all bids, capacity will be allocated on

a pro rata basis.

 

3.5 Execution of Service Agreement. If Customer's request for

service and credit evaluation comply with these General Terms and

Conditions, and Total Peaking accepts Customer's request for

service, Total Peaking will tender a service agreement to

Customer. In the event the service agreement is not executed by

Customer and returned within ten days after Total Peaking

tendered the service agreement, Total Peaking shall consider the

request for service invalid and the service agreement shall be

void. Total Peaking will not be required to tender an agreement

to Customer for execution that relates to requests for service

for which Total Peaking does not have sufficient available

capacity.

 

3.6 Customer's Performance. Customer is required to provide to Total

Peaking (1) the State of the source of gas that is to be stored

and/or transported and (2) such other information if required in

order for Total Peaking to comply with any FERC reporting or

other requirements.