Hardy Storage Company, LLC
Original Volume No. 1
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Effective Date: 04/01/2007, Docket: CP05-150-003, Status: Effective
Original Sheet No. 28 Original Sheet No. 28 : Effective
IHSS RATE SCHEDULE
INTERRUPTIBLE HARDY STORAGE SERVICE (Cont'd)
3. BIDDING PROCEDURE
(a) If Seller, in its reasonable discretion, determines that storage
capacity is available under this Rate Schedule, Seller shall post a notice
to that effect on its EBB on or before the tenth day of the Month preceding
the Month during which such storage capacity will be available.
(b) Seller's notice shall include:
(1) the quantity of interruptible storage capacity available;
(2) the Minimum Bid Rate Seller is willing to accept and the
Maximum Bid Rate that may be bid (which shall not be lower
or higher than the Minimum and Maximum IHSS Commodity
Charge Rates set forth at Sheet No. 10 of the Tariff) in
cents per Dth (¢/Dth); and
(3) any applicable restrictions on injections or withdrawals of
that capacity.
(c) Prospective Customers shall submit their bids to Seller
electronically through the EBB. Multiple bids may be submitted throughout
the bidding period. Final bids must be received by Seller at or before 4:00
p.m. Eastern Time on the fifth business day following posting of Seller's
EBB notice. Seller shall post all bids and quantities on the EBB as they
are received during the bidding period. Bids may be withdrawn at any time
prior to the end of the bidding period. Seller shall reject any bids (i)
submitted subsequent to the deadline, (ii) for an amount per Dth lower than
the Minimum Bid Rate, (iii) for an amount per Dth higher than the Maximum
Bid Rate or (iv) that are not in conformance with paragraph (d) below. All
bids submitted shall be binding. Seller reserves the right to reject any
bid pursuant to this paragraph (c). Seller shall notify bidders of rejected
bids electronically through Seller's EBB.