Schedule A1 - Transaction Confirmation (Small Commercial).pdf
PDF 257 KB Posted
- Solicitation number
- RFP-171-180000000077-3
- Issued by
- Michigan
About this file
This is a Transaction Confirmation Schedule A1 form for a Fixed Price Gas Customer Choice Program in the State of Michigan, specifically for small commercial customers with annual aggregate usage of 500 Mcf or less through the MiDEAL purchasing program. The agreement outlines a fixed price gas supply arrangement between a Seller and MiDEAL member (Buyer), with a 30-day unconditional cancellation period following contract signing. The contract can continue on a month-to-month basis after the initial term expiration and can be canceled without penalty.
The pricing structure is based on a fixed price per Mcf, with early termination fees calculated using NYMEX contract settlement prices plus basis costs for remaining contract months. Maximum early termination fees are capped at $150 for agreements of one year or less and $250 for agreements longer than one year. The form includes spaces for listing facility details including DTE Account/Consumers POD numbers, service addresses, and service cities. The agreement requires signing by an authorized representative who can legally bind the business, with the Buyer's representative designated as the Sourcing Director.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| Vendor Questions Worksheet.docx | DOCX document | |
| Instructions To Bidders AD1.pdf | ||
| Standard Contract Terms.pdf | ||
| Addendum 2 Q & A.pdf | ||
| Schedule A2 - Transaction Confirmation (Large Commercial).pdf | ||
| Addendum 1 Instructions.pdf |
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Text version
Transaction Confirmation – Schedule A1 Gas Customer Choice - Sellers Name
FIXED Price Program (Small Commercial with annual aggregate usage of 500 Mcf or less)
State of Michigan
Date:
Contract Number#:
Vendor ID Number:
This Transaction Confirmation is subject to the Base Contract between Seller and Buyer dated . The terms of this Transaction Confirmation are binding unless disputed in writing within 2 Business Days of receipt unless otherwise specified in the Base Contract.
SELLER:
Company Name.
Street Address City, State, ZIP
Attn:
Phone:
Toll Free Number:
Fax:
E-mail:
BUYER:
MiDEAL Member Street Address City, State, ZIP
Attn:
Phone:
Fax:
Contract No. SOM Contract # E-mail:
Fixed Price per Mcf.
Effective Date ________________ End Date ________________ Est. Annual Consumption__________
Utility:
Right to Cancel: Customer has a 30-day unconditional right to cancel this transaction without termination fees following the date the customer signs the agreement. Customer has the right to terminate participation at any time after the unconditional cancellation period; provided, however that if Customer elects to terminate prior to the expiration of this agreement, it shall pay to Contractor a “Termination Fee”. The Termination Fee shall compensate the Contractor for volumes secured on Customer’s behalf and not delivered to Customer. Termination fees shall be calculated by multiplying the projected future volume (based on customer’s actual historical usage) by the difference in the per Mcf price in this Schedule and the “Market Price”, where the Market Price shall be the average of the New York Mercantile Exchange (NYMEX) contract settlement prices plus basis cost for each month remaining in this agreement. This maximum early termination fee for small commercial agreements of one year or less shall not exceed $150.00. The maximum early termination fee or small commercial agreements of longer than one year shall not exceed $250.00
Special Conditions:
This transaction confirmation may continue after initial term expiration on a month-to-month basis, cancelable at any time without penalty.
I acknowledge that I am the account holder or Legally Authorized Person to execute a contract and legally bind the business in this contract. I understand that by signing this transaction, I am switching the gas Supplier for this commercial account to Seller. I understand that gas purchased for this commercial account by Seller will be delivered through Utility name delivery system. The legally authorized person to execute a contract and legally bind the business in this contract has 30-days after today to cancel this contract for any reason through written or verbal notification to Seller.
Seller:
By:
Title:
Buyer: MiDEAL Member
By:
Title: Sourcing Director
Facility Listing
DTE Account #/Consumers POD # Service Address Service City
*Service Address as it appears on the utility invoice.
File details come from the government source that posted it. Updated .