TransColorado Gas Transmission Company

Original Volume No. 1

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Effective Date: 12/05/1996, Docket: CP90-1777-009, Status: Effective

Original Sheet No. 70 Original Sheet No. 70 : Superseded

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

the month with respect to deliveries of gas during the previous

month.

 

13.4 Shipper and TransColorado 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 the statement, charge,

or computation made under or pursuant to any of the provisions.

 

13.5 Shipper shall pay TransColorado, at its general office, or at such

other address as TransColorado shall designate, the amount due for

the preceding month within ten days after receipt by Shipper of

the bill from TransColorado.

 

13.6 Should Shipper fail to pay all of the amount of any bill when such

amount is due, TransColorado shall collect interest on the unpaid

portion of the bill in the manner and at the rate prescribed by 18

C.F.R. Section 154.501(d). If such failure to pay continues for

30 days after payment is due, TransColorado, in addition to any

other remedy it may have, after giving Shipper 15 days' written

notice, may suspend further receipt and/or delivery of gas for

Shipper until such amount is paid. If Shipper in good faith shall

dispute the amount of any such bill, Shipper shall nevertheless

pay to TransColorado the amount of such bill and, at any time

thereafter within 30 days of a demand made by Shipper,

TransColorado shall furnish a good and sufficient surety bond

guaranteeing refund to Shipper upon such bills after a final

determination by agreement, by determination of regulatory

agencies having jurisdiction, or by judgment of the courts, as may

be the case.

 

13.7 If it is determined that Shipper has been overcharged, and Shipper

has paid the statement containing the overcharge then, within 30

days after the final determination, TransColorado shall refund the

amount overcharged with interest in accordance with Section 13.5.

If it is determined that Shipper has been undercharged, Shipper

shall pay the amount undercharged with appropriate interest within

30 days of notice by TransColorado of the amount. Provided,

however, no adjustment will be made to any statement more than 24

months from the date of such statement unless disputed within that

period. In the event that any portion of a statement is in

dispute, payment of the disputed portion shall not be deemed a

waiver of the right