When will ICAP Payments be billed and credited during the FCM Transition Period?
ICAP Payments during the Transition Period will be billed and credited in the month subsequent to the Obligation Month. The FCM Transition Period begins December 1, 2006. The first Transition Period settlement (for the December 2006 Obligation Month) will be included in the non-hourly services bill issued January 11, 2007. All Transition settlements (payments and charges) will be subject to a 90-day resettlement process.
