Florida Gas Transmission Company

Third Revised Volume No. 1

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Effective Date: 04/01/1996, Docket: RP96-123-002, Status: Effective

2nd Sub. First Revised Sheet No. 134 2nd Sub. First Revised Sheet No. 134 : Superseded

Superseding: Original Sheet No. 134

GENERAL TERMS AND CONDITIONS

(continued)

15. INVOICING AND PAYMENT

a. Invoice. Transporter shall render an invoice to Shipper for all

charges made under or pursuant to any of the provisions of this FERC

Gas Tariff. Transporter shall render invoices to Shippers no later

than the tenth (10th) day of the month following the month to which

the charges or credits apply for charges for transportation service,

charges and credits pursuant to the Alert Day provisions of Section

13, and charges and credits pursuant to the Operational Control

provisions of Section 17. Transporter shall render invoices to

Shippers for all other charges or credits as soon as practicable

consistent with the other provisions of this FERC Gas Tariff.

 

b. Examination of Records. Both Transporter and Shipper shall have the

right to examine at reasonable times, books, records and charts of

the other to the extent necessary to verify the accuracy of any

statement, charge or computation made under or pursuant to any of the

provisions of this FERC Tariff.

 

c. Error in Invoice. In the event an error is discovered in the amount

invoiced in any statement rendered by Transporter, such error shall

be adjusted within thirty (30) days of the determination thereof,

provided that claim therefor shall have been made within sixty (60)

days from the date of discovery of such error, but in no event later

than twenty-four (24) months from the date of such statement.

 

d. Payment. Unless otherwise agreed, Shipper shall pay Transporter by

wire transfer of federal funds, on or before the tenth (10th) day

after written transmission of invoice by mail, facsimile or otherwise

acceptable electronic correspondence, as set forth in Section (a).

 

e. Interest on Unpaid Amounts. Should Shipper fail to pay the amount of

any invoice for charges made under or pursuant to any of the

provisions of this FERC Gas Tariff when such amount is due, interest

thereon shall accrue as prescribed under Section 154.501(d) of the

Federal Energy Regulatory Commission's Regulations from the due date

until the date of payment; provided however, that if either Shipper

or Transporter discovers that an error has been made after the

invoice from Transporter to Shipper has been paid but prior to the

expiration of the twenty-four (24) month period referred to in

subsection (c) above, then interest will not accrue in favor of

either party until the error has been resolved and corrected. Once

the error has been corrected and either Shipper or Transporter fails

to tender payment due to such other party on or before the tenth

(10th) day thereafter, then interest will accrue in accordance with

this section. If such failure to pay continues for thirty (30) days

after payment is due, Transporter in addition