Filed Tariff Record Version

A Filed Tariff Record Version, or FTRV, represents a Tariff Record Version (TRV) in a Filing. When a TRV is placed into a Filing, the result is the creation of an FTRV.

When a TRV is in a Filing, it is there for a reason...and that reason is known as a Record Change Type. The valid Record Change Type values are "New", "Change", "Cancel", "Withdraw", and "Pro Forma". Each is explained further below:

Learn more about Record Change Types in FERC's Implementation Guide for Electronic Tariff Filing (on or around pages 11 and 24).

An FTRV can be thought of as a proposal to FERC to affect a change in one's tariff. The status of such a change is called the "FERC Response". FERC Response, therefore, is a very important piece of FTRV data. TariffShark supports several FERC Response values (defined below) and the ones that are valid for a given situation depend upon the Record Change Type. For example, it is not possible to assign a FERC Response of "Effective" to an FTRV that was submitted to FERC with a Record Change Type of "Pro Forma" because such a request is not an official proposal before the commission.

FERC Response Values

  • Approved
    An FTRV that has been approved by FERC but cannot yet be considered Effective.
  • Approved Subject to Conditions
    An FTRV that has been approved by FERC as long as certain changes are made and the TRV is refiled.
  • Effective
    An FTRV that has been filed with and approved by FERC is designated Effective when it is to be considered part of an effective Tariff. For example, when two related FTRVs have been filed with FERC and only one was approved, it might not make sense to mark either of them Effective until both have been approved.
  • Pending
    An FTRV that has been filed with FERC and on which FERC has not yet acted (either through the issuance of an order or by the tolling of the statutory clock).
  • Rejected
    An FTRV that has been rejected by FERC order.
  • Suspended
    An FTRV that has been suspended by FERC order.
  • Draft
    A Draft FTRV is one that is being worked on and has, therefore, not yet been filed with FERC. All details associated with a Draft FTRV and its underlying TRV, including its content, may be updated. A Draft FTRV and its underlying TRV may also be deleted.
  • Overtaken by Events
    An FTRV that has been filed with FERC but has been subsequently replaced by a more recently filed FTRV. For example, if you filed Rate Schedules v3.0.0 and realized a week later that textual changes were missed and needed to be filed as a correction, upon filing and FERC accepting Rate Schedules v4.0.0 in an amendment filing, Rate Schedules v3.0.0 is considered to be "Overtaken by Events".
  • Pro Forma Ordered
    When a Pro Forma FTRV is submitted to FERC it does not represent a true proposal before the commission. Therefore, many of the FTRV FERC Response values presented here do not apply. So that a Pro Forma FTRV doesn't get stuck as "Pending", assign a FERC Response of "Pro Forma Ordered" after FERC has issued an order in response to a Pro Forma submission.
  • Withdrawn
    An FTRV that was filed with FERC but was subsequently withdrawn prior to FERC action.
  • Retired
    At your discretion, you may change an FTRV's status to Retired when it is no longer in effect. This is not necessary, however, since TariffShark knows which TRV is in effect when several versions of the same Tariff Record are all Effective. For example, given the following Effective FTRVs:
    - Rate Schedules v0.0.0 (effective 4/1/2010)
    - Rate Schedules v1.0.0 (effective 5/1/2010)
    - Rate Schedules v2.0.0 (effective 6/1/2010)
    TariffShark knows that Rate Schedules v1.0.0 is the one that is in effect on 5/15/2010 and that Rate Schedules v2.0.0 is in effect on 9/1/2010.

TariffShark is like an electronic tariff file room. It has a complete history of every Filing ever filed. In order for that history to be highly accurate, it is very important that you record FTRV FERC Response values diligently.

As an FTRV is a proposal to FERC to affect a change in one's tariff on some effective date, sometimes multiple proposals are made via different TRVs under the same Tariff Record each requesting the same effective date. (This is common when making compliance filings against earlier statutory filings.) Under these circumstances, the filer must indicate to FERC which among the FTRVs requesting the same effective date is the most important. This is done by setting the "effective priority". TariffShark displays the Set Effective Priority command when it detects such situations.

Throughout TariffShark there are screens that display TRV information in grids. When FTRV information in such a grid appears as "<multiple>", it means that the TRV exists in multiple Filings (put differently, there are multiple FTRVs for the TRV). Use the Tariff Record's Details command to view the full history of all activity under a Tariff Record.