Common Contracts

1 similar Facilities Rental Agreement contracts

TAMPA ELECTRIC COMPANY FACILITIES RENTAL AGREEMENT PROPOSED TARIFF REVISIONS
Facilities Rental Agreement • September 23rd, 2014

Tariff Sheet Number Proposed Changes/Comments 7.760 Replaced the term “maintenance” with repair to agree with the language added to section 7.761 New language clarifies how the initial in-place value is determined for both newand existing facilities. As a result of the proposed language added under re-numbered Paragraph 5, certain language in Paragraph 4 is no longer valid and elimination is proposed. 7.762 New language clarifies that replacements due to mechanical or electrical failureare not covered under subparagraph “d”. New subparagraph “e” describes how replacement or failed equipment will affect the in-place value of the agreement. Current paragraph 5 addressing customer payments for maintenance is eliminated. Repairs are to be covered under the monthly rental payment and replacements with adjustments to the in-place value as indicated in new subsection “e”. Current paragraph 6 (renumbered as paragraph 5) explains that the term of the agreement contract will start over when n

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