Sec.  61.55   Contract-based tariffs.

   (a)  This  section  shall  apply  to price cap LECs permitted to offer
   contract-based tariffs under  Sec. 69.727(a) of this chapter.

   (b) Composition of contract-based tariffs shall comply with  Sec.  Sec. 61.54(b)
   through (i).

   (c) Contract-based tariffs shall include the following:

   (1) The term of contract, including any renewal options;

   (2) A brief description of each of the services provided under the contract;

   (3) Minimum volume commitments for each service;

   (4) The contract price for each service or services at the volume levels
   committed to by the customers;

   (5) A general description of any volume discounts built into the contract
   rate structure; and

   (6)  A  general  description  of other classifications, practices, and
   regulations affecting the contract rate.

   [ 64 FR 51266 , Sept. 22, 1999]