GENERAL TERMS AND CONDITIONS

(continued)


 


 

All requests for waiver shall be handled by Pipeline in a manner

which is not unduly discriminatory. For purposes of determining

whether a project is economic, Pipeline will evaluate projects on

the basis of various economic criteria, which may include, without

limitation, the estimated firm transportation demand subscribed

under long-term contracts, cost of the facilities, operation and

maintenance, applicable taxes, administrative and general expenses

attributable to the facilities, the system net revenues Pipeline

estimates will be generated subsequent to such construction,

depreciation, return on investment and the availability of capital

funds on terms and conditions acceptable to Pipeline. In estimating

the system net revenues to be generated, Pipeline will evaluate the

revenue generated from Long Term Service Agreements for firm

transportation and other system benefits.


 

3.3 Any monetary reimbursement due Pipeline by Shipper pursuant to this

Section 3 shall be due and payable to Pipeline within ten (10) Days

of receipt by Shipper of Pipeline's invoices for same; provided,

however, subject to Pipeline's written consent such monetary

reimbursement, plus carrying charges thereon, may be amortized over

a mutually agreeable period not to exceed the primary contract term

of the Service Agreement between Pipeline and Shipper.


 

3.4 Nothing in this statement of policy shall require Pipeline to file

an application to build or modify facilities or to render service.

Further, nothing in this policy statement shall prevent Pipeline

from contesting an application for service or a request to compel

the rendition of service filed at the Commission. Pipeline reserves

the right to seek a waiver of the policies set forth in this Section

3 for good cause shown during any proceeding before any duly

constituted regulatory authority.


 

3.5 Nothing in this Tariff shall require Pipeline to file an application

for a certificate of public convenience and necessity with the

Commission. Further, nothing in this Tariff prevents Pipeline from

contesting an application for service filed with the Commission.