Initiatives
Since our formation in 2006, LEAP has developed and managed numerous initiatives to support automation throughout the energy trading value chain. Initiatives can be suggested by any member of LEAP, and our Board of Directors approves the allocation of time and resources necessary to support those Initiatives.
Most Initiatives also have Committees made up of individuals from LEAP member firms who participate in setting direction and providing the necessary insight, feedback, and volunteer manpower to allow the Initiatives to fulfill their stated purposes. In some cases, Initiatives have become “dormant” as their stated purposes have been fulfilled or as the necessary industry momentum was not realized in order to make the Initiatives a success.
Contract Standardization Initiatives
- U.S. Pipeline and Tank Transfer Master Agreement: “The LEAP Master Agreement”
- Canadian Addendum to the LEAP Master Agreement
- Marine Annex to the LEAP Master Agreement
- Truck and Rail Annex to the LEAP Master Agreement
- Northwest Europe Barge General Terms and Conditions (GTC) Standardization
- Renewable Identification Numbers (RINs) Master Agreement