(a) This section shall apply to price cap local exchange carriers permitted to offer contract-based tariffs under §1.776 or §69.805 of this chapter, as well as to the offering of business data services by rate-of-return carriers pursuant to §61.50.

(b) Composition of contract-based tariffs shall comply with §§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, as amended at 76 FR 43216, July 20, 2011; 82 FR 25711, June 2, 2017; 83 FR 67123, Dec. 28, 2018]