UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15 (d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (date of earliest event reported) :  March 3, 2006

Commission File No. 1-10403

TEPPCO Partners, L.P.

(Exact name of Registrant as specified in its charter)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02.  Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On March 3, 2006, Lee W. Marshall, Sr., Chairman and Acting Chief Executive Officer of Texas Eastern Products Pipeline Company, LLC, the general partner (“General Partner”) of TEPPCO Partners, L.P. (the “Partnership”), passed away.

Effective March 5, 2006, the Board of Directors of the General Partner appointed Leonard W. Mallett as Acting Chief Executive Officer.  Leonard W. Mallett, age 49, is Senior Vice President, Operations of the General Partner, having been elected in February 2005.  He was previously Vice President, Operations from September 2000 until February 2005.  Mr. Mallett was previously Region Manager of the Southwest Region of the General Partner from 1994 until 1999 and Director of Engineering, from 1992 until 1994.  Mr. Mallett joined the General Partner in 1979 as an engineer.  Mr. Mallett will continue to serve as Senior Vice President of Operations in addition to his duties as Acting Chief Executive Officer.

Mr. Mallett will not be compensated for his service as Acting Chief Executive Officer.  His existing employment agreement with the General Partner will continue to remain in effect during his service as Acting Chief Executive Officer (see discussion of employment agreements for “Named Executive Officers” under the caption “Executive Employment Contracts and Termination of Executive Employment Arrangements” in Item 11 of our Form 10-K for the year ended December 31, 2005 for a description of executive employment agreements).

Item 9.01. Financial Statements and Exhibits.

(d)              Exhibits (furnished herewith):

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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Exhibit 99.1

TEPPCO PARTNERS, L.P. CHAIRMAN AND ACTING CEO,

LEE W. MARSHALL, SR., PASSES AWAY

HOUSTON - TEPPCO Partners, L.P. (NYSE: TPP) announced today with deep regret that Lee W. Marshall, Sr., chairman and acting chief executive officer (CEO) of the general partner of TEPPCO, passed away on Friday, March 3, 2006. Leonard W. Mallett, TEPPCO’s senior vice president of Operations has been named acting chief executive officer.

“It is with profound sadness, both professionally and personally, that I announce Lee’s passing,” said Dan L. Duncan, chairman of EPCO, Inc., owner of the general partner of TEPPCO. “Over a long distinguished career, Lee provided leadership, guidance and counsel to a number of organizations in the energy industry. His leadership of TEPPCO both as chairman and as acting CEO will be greatly missed. On behalf of TEPPCO’s board and EPCO employees, I offer our deepest condolences to Lee’s family.”

Mr. Mallett has served with TEPPCO for over 27 years in various positions of increasing responsibility. He will continue to serve in his current capacity as senior vice president of Operations, in addition to serving as acting CEO, until a successor CEO has been named. The company has made considerable progress in identifying candidates from the industry as a successor CEO.

TEPPCO Partners, L.P. is a publicly traded partnership with an enterprise value of approximately $4 billion, which conducts business through various subsidiary operating companies. TEPPCO owns and operates one of the largest common carrier pipelines of refined petroleum products and liquefied petroleum gases in the United States; owns

and operates petrochemical and natural gas liquid pipelines; is engaged in crude oil transportation, storage, gathering and marketing; owns and operates natural gas gathering systems; and owns 50-percent interests in Seaway Crude Pipeline Company, Centennial Pipeline LLC and Mont Belvieu Storage Partners, L.P., and an undivided ownership interest in the Basin Pipeline. Texas Eastern Products Pipeline Company, LLC, an indirect subsidiary of EPCO, Inc., is the general partner of TEPPCO Partners, L.P. For more information, visit TEPPCO’s Web site at www.teppco.com.

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