TTTF Reports Clause Samples
TTTF Reports. Westcoast will also provide monthly reports to the TTTF covering each of the following with respect to Zones 3 and 4:
(a) discretionary revenue, interruptible volumes and daily volumes;
(b) changes between forecast and actual allocation units and deferral account balances; and
(c) any information presented to the Board regarding pipeline integrity activities (one month following each presentation). Westcoast will also provide annual reports to the TTTF covering each of the following:
(a) income tax expense;
(b) status of tax assessments and any reassessments;
(c) UCC/capital cost allowance;
(d) long term debt;
(e) short term debt;
(f) capital expenditures shown on pages 20 and 21 of the information package provided by Westcoast to the Stakeholders on November 15, 2017:
(i) forecast versus actual costs;
(ii) material changes in scope and cost of forecast projects;
(iii) summary of projects deferred and new projects added;
(iv) explanation of any cost overruns of greater than 10% from original forecast of projects transferred to gas plant in‐service; and
(v) designation of each project as either a maintenance, integrity, compressor upgrade or expansion project; and
(g) forecast and actual pipeline operations direct O&M costs and full time equivalents charged to cost of service; and
(h) performance metrics to measure efficiency of items such as maintenance and operational costs, to be discussed at a meeting of the TTTF. This section 10.4 does not preclude shippers from requesting that Westcoast provide additional information or reporting during the term of this Agreement.
TTTF Reports. Westcoast will also provide monthly reports to the TTTF covering each of the following with respect to Zones 3 and 4:
(a) discretionary revenue, interruptible volumes and daily volumes;
(b) changes between forecast and actual allocation units and deferral account balances;
(c) any information presented to the Board regarding pipeline integrity activities (one month following each presentation);
(d) the new British Columbia carbon tax referred to in section 2.1(i); and
(e) existing Westcoast gas quality and unplanned outages performance measures and such other non-financial performance measures to be discussed and voted on by the TTTF and for which the vote result is unanimous or unopposed.
TTTF Reports. Westcoast will also provide monthly reports to the TTTF covering each of the following with respect to Zones 3 and 4:
(a) discretionary revenue, interruptible volumes and daily volumes;
(b) changes between forecast and actual allocation units and deferral account balances;
(c) any information presented to the Board regarding pipeline integrity activities (one month following each presentation); and
(d) existing Westcoast gas quality and unplanned outages performance measures and such other non-financial performance measures to be discussed and voted on by the TTTF and for which the vote result is unanimous or unopposed.
