Mississippi River Transmission Corp.

Third Revised Volume No. 1

Effective Date: 10/01/1994, Docket: TM95-1-25-000, Status: Effective

First Revised Sheet No. 232 First Revised Sheet No. 232 : Superseded

Superseding: Original Sheet No. 232

GENERAL TERMS AND CONDITIONS

(Continued)

23. ANNUAL CHARGE ADJUSTMENT SURCHARGE PROVISION

23.1 Purpose

(a) Section 3401(a)(1) of the Omnibus Budget

Reconciliation Act of 1986 (Budget Act) requires the Commission to

assess and collect fees and annual charges in each fiscal year in

amounts equal to the costs incurred by the Commission in each

fiscal year. Pursuant to Commission Order Nos. 472, 472-A, and

472-B (codified in Part 382 of the Commission's Regulations), MRT

must remit to the Commission on or before August 31 of every year

an allocated portion of the costs incurred by the Commission in

the previous fiscal year. Such costs are determined by the

Commission as a result of audit and are to be net of any other

fees or charges collected during the fiscal year. MRT is

allocated a portion of the Commission's net costs based on the

total of MRT's reported transportation quantities compared to the

total transportation quantities of all eligible reporting natural

gas pipelines. All amounts assessed pursuant to Part 382 of the

Commission's Regulations will be recorded in Account 928. MRT

intends to recover such costs under these tariff provisions and

not in an NGA Section 4 rate filing.

(b) For the purpose of recovering MRT's allocated portion

of the Commission's costs, this section establishes a per unit

Annual Charge Adjustment (ACA) Surcharge to be applicable to MRT's

rate schedules as set forth on Sheet No. 10 of this tariff.

23.2 Basis of the Annual Charge Adjustment Surcharge

The ACA Surcharge shall be the unit rate as specified and

approved by the Commission for use by MRT in recovering such costs

and shall be reflected on Sheet No. 10 of this tariff.

23.3 Filing Procedure

The notice period of filings pursuant to this subsection

shall be at least thirty (30) days prior to the proposed effective