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FILED March 30, 2020, INDIANA UTILITY REGULATORY COMMISSION STATE OF INDIANA UTILITY REGULATORY COMMISSION PETITION OF DUKE ENERGY INDIANA, LLC PURSUANT TO IND. CODE 81242.7 AND 81261, FOR (1) AUTHORITY
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Through a step-in of refers to a legal mechanism that allows a party to take over the rights, duties, and obligations of another party in a contractual agreement, particularly in situations where the original party is unable to fulfill their responsibilities.
Typically, parties involved in a contractual relationship where a step-in may be necessary are required to file through a step-in of. This can include contractors, subcontractors, or stakeholders who need to ensure continuity of operations or compliance.
To fill out through a step-in of, parties must complete a designated form providing accurate details about the original contract, the involved parties, the reasons for the step-in, and any pertinent supporting documents that validate the necessity of the step-in.
The purpose of through a step-in of is to enable a seamless transition of responsibilities and to protect the interests of all parties involved, ensuring that obligations under the contract are fulfilled despite changes in circumstances.
Information that must be reported includes the names of the parties involved, details of the contract, a description of the reasons for the step-in, any relevant dates, and signatures of the authorized representatives.
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