Contracts

From Navigates Help

The Contracts Area in Navigates™ is used to create and maintain contracts and contract amendments for a customer. The Contracts vertical contains the following menu items:

• Contract - Allows users to create and execute contracts.
• Contract Request - Allows users to request contracts.
• Amendment - Allows users to amend executed contracts.
• Amendment Request - Allows users to request contract amendments.
• Contract/Amendment Summary - Allows users to view contract and amendment summary.
• Lock Contract - Allows users to lock contracts, preventing its usage for nominations.
• Transactions - Allows users to create transactions.
• Segmentation - Allows users to segment contracts.

TERMS

Contract - A legal, binding agreement that contains details on how a gas transaction is handled between the customer and the pipeline. An executed contract is required before the pipeline can transport gas for a customer.
Transaction - A short-term agreement between a pipeline and a customer.