1. (a) The administrator shall:

   1. (1) Provide notice to AICCLP members, other ILECs, underlying carriers, and reporting toll resellers concerning calculations related to each entity; and
   2. (2) Bill all carriers for any amounts due the pool.

2. (b)

   1. (1) No later than July 22, 2003, and no later than the twenty-second day of each month thereafter, or the next business day of each month if the twenty-second day falls on a weekend or holiday, each underlying carrier, reporting toll reseller, and AICCLP member shall report to the administrator its previous month’s information necessary for AICCLP calculations.
   2. (2) The information shall be on forms prescribed by the administrator.

3. (c)

   1. (1) To facilitate prompt rendering of monthly statements, the administrator may use the most recent monthly information previously submitted for companies that fail to report in a timely manner.
   2. (2) Differences will be corrected in the next billing cycle following receipt of the missing information.

4. (d)

   1. (1) Should a company detect an error in any report or reports submitted to the administrator, the company shall submit a revised report for each month to correct the error.
   2. (2) The adjustment will be applied by the administrator in a subsequent regular monthly billing cycle.
5. (e) Claims for adjustment to previously reported information shall be considered null and void twenty-four (24) months after the original due date of the report in question.
6. (f) Each underlying carrier, reporting toll reseller, AICCLP member, and exiting ILEC shall remit payment due to the administrator by no later than the last business day of the month following the month in which the bill was rendered to the carrier by the AICCLP administrator.
7. (g) Interest at the prevailing federal discount rate plus five percent (5%) per annum compounded at the end of each monthly billing cycle shall be assessed by the AICCLP administrator for any payments not received by the payment due date.

Codification Notes: This section was promulgated as Rule 2.02 of the Arkansas Intrastate Carrier Common Line Pool Rules prior to codification in the Code of Arkansas Rules. "AICCLP" means the Arkansas Intrastate Carrier Common Line Pool defined in Arkansas Code § 23-17-403. "ILEC" means incumbent local exchange carrier defined in Arkansas Code § 23-17-403.