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
3. REQUEST FOR SERVICE (Continued)
3.4 Evaluation of Service Request (Continued)
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
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