PIU (Percent Interstate Usage) Sample Clauses
The PIU (Percent Interstate Usage) clause defines how the proportion of telecommunications traffic that is classified as interstate versus intrastate is determined and reported. Typically, this clause requires the service provider or customer to calculate and periodically report the percentage of their traffic that crosses state lines, often based on call detail records or other usage data. This information is used to allocate charges, taxes, and regulatory fees appropriately between state and federal jurisdictions. The core function of the PIU clause is to ensure accurate billing and compliance with regulatory requirements by distinguishing between interstate and intrastate usage.
PIU (Percent Interstate Usage). A percentage calculated by dividing the number of minutes of interstate traffic by the total number of minutes of interstate and intrastate traffic. A factor that is used to determine the interstate portion of minutes of traffic exchanged via Traffic Exchange Trunks. PIU is developed from the measurement of calls in which the calling and called parties are not located within the same state.