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FEI-FEVI 2010 EEC Report filed March 31, 2011 - FortisBC

FEI-FEVI 2010 EEC Report filed March 31, 2011 - FortisBC

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– 2 –<br />

CONFIDENTIAL<br />

NEGOTIATED SETTLEMENT AGREEMENT<br />

TERASEN GAS INC.<br />

DATED THURSDAY, NOVEMBER 5<br />

F. On October 2, 2009, the Commission issued Order G-119-09 establishing a Negotiated<br />

Settlement Process (“NSP”) for the Application; and<br />

G. The Parties to the NSP were TGI, British Columbia Old Age Pensioners et al. (“BCOAPO”),<br />

Commercial Energy Consumers Association of British Columbia (“CEC”), Teck Coal Ltd.<br />

(“Teck”), and the Ministry of Energy, Mines and Petroleum Resources (“MEMPR”)<br />

(collectively referred to in this Agreement as the “Parties”); and<br />

H. At the outset of the NSP on October 21, 2009, Commission Staff provided the Parties with a<br />

document prepared by the Commission Panel titled “Issues of Particular Concern to the<br />

Commission Panel”, a copy of which is appended as Appendix 1 to this Agreement; and<br />

I. The NSP was held on October 21-23, 30, and November 3 and 4, 2009; and<br />

J. The Parties have negotiated in good faith to achieve a compromise settlement, reflected in<br />

this Agreement, of the issues raised by the Application, and the Commission Panel<br />

document referenced in recital H above, and further consider the Agreement reached to be<br />

fair, just and reasonable; and<br />

K. This Agreement consists of four Parts:<br />

Part I includes general provisions;<br />

Part II includes the items agreed to that differ from what was requested in the<br />

Application;<br />

Part III includes the items agreed to that remain as proposed by TGI in the Application;<br />

and<br />

Part IV includes revised financial schedules reflecting all items set out in the Agreement.<br />

NOW THEREFORE THE PARTIES AGREE AS FOLLOWS<br />

PART I – GENERAL<br />

1. Agreement a Product of Compromise<br />

APPENDIX A<br />

to Order G-141-09<br />

Page 3 of 110<br />

The Parties recognize and emphasize that this Agreement is the product of compromise on<br />

the part of all Parties, yielding an overall package that the Parties consider to be fair, just<br />

and reasonable. The Parties agree that any compromises resulting from this Agreement are<br />

without prejudice to the Parties’ ability to take different positions after <strong>2011</strong> and without<br />

prejudice to the Parties right to intervene in any applications contemplated in or resulting<br />

from this Agreement.

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