What is a Bonded Conduit?
It is a new Mainline Conduit, built at a tenant's written request, for
which that tenant is required to guarantee or bond the payment of the
Occupancy Rate for a period of 10 years, commencing on the date that the
tenant is notified by ECS that the Bonded Conduit is available for use.
What is the difference between a Bonded Conduit and Non-Bonded Conduit?
- A Bonded Conduit is a new Mainline Conduit, requested in writing by
tenants, which obligates a tenant to rent the conduit for a period of
- A Non-Bonded Conduit is a conduit with an expired bonding period,
that may be surrendered by tenant. If a tenant fail to surrender a bonded
conduit at the end of the bonding period, ECS shall convert the conduit
to non-bonded, and continue to bill an Occupancy Rate until the tenant
surrenders the conduit.
What is a Mainline Conduit?
A conduit owned by ECS that originates in an ECS Manhole and terminates
in another ECS Manhole, including conduits in, on, under, over or through
public or privately-owned roadways, waterways, driveways, passageways,
parking lots, bridges buildings or other structures.
What is a Subsidiary Conduit?
A conduit that connects an ECS Manhole with any location other than another
ECS Manhole, including but not limited to, service laterals to buildings,
pedestals, kiosks, hand holes, service boxes, vaults or other manholes.