Egan Hub Storage, LLC
First Revised Volume No. 1
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Effective Date: 05/24/2010, Docket: RP10-628-000, Status: Effective
Third Revised Sheet No. 109A Third Revised Sheet No. 109A
Superseding: Second Revised Sheet No. 109A
GENERAL TERMS AND CONDITIONS
(Continued)
3.7 Sale of Capacity. Upon the availability of new storage capacity resulting from an
expansion of Egan Hub's facilities, Egan Hub shall sell such capacity to prospective Customers
either via the open season procedures described in Section 3.8 below or via the first-come,
first-served procedures described in Section 3.9 below, with the selection of the procedures
being at Egan Hub's sole option.
3.8 Open Season.
(a) Notice of open season. If Egan Hub elects to conduct an open season
pursuant to Section 3.7 above or if an open season is required pursuant to Section 8 of Rate
Schedule FSS and/or SSS, Egan Hub shall post notice of the open season on its Internet Web
site. Such notice shall set forth when the open season begins and ends, the type of service
being offered, how and where interested parties may submit requests for service, the criteria
that will be used to evaluate bids ("Bid Evaluation Procedures"), and additional details about
the open season.
(b) Duration. An open season held pursuant to Section 3.8(a) shall be held for
a period of not less than five (5) Business Days. An open season for storage capacity held
pursuant to Section 8 of Rate Schedule FSS and/or SSS shall be held for a period of thirty (30)
days, as specified in Section 8.2(b) of such rate schedules. During this time, Egan Hub will
accept bids from potential Customers for the service identified in the notice of the open
season.
(c) At the conclusion of the open season, the value of each submitted bid will
be determined according to the Bid Evaluation Procedures. Egan Hub reserves the right to
reject any bid which (i) may detrimentally impact the operational integrity of Egan Hub's
facility, (ii) yields an economic value that is unacceptable to Egan Hub, (iii) does not
satisfy all of the terms of a specific open season, (iv) does not contain all of the required
information specified in the notice of the open season, and (v) contains terms and conditions
other than those contained in this FERC Gas Tariff. In addition, Egan Hub reserves the right
to reject any bid submitted by a potential Customer that does not meet Egan Hub's
creditworthiness requirements set forth in Section 3.4 of the General Terms and Conditions. If
Egan Hub rejects any request for available capacity posted pursuant to this Section 3.8, Egan
Hub will notify the potential Customer that submitted the rejected bid of the reason(s) for
such rejection via e-mail.
(d) During the allocation process at the conclusion of an open season, storage
capacity will be allocated to the acceptable bid(s) in accordance with the Bid Evaluation
Procedures.
(e) [Reserved for Future Use]
(f) Execution of agreements. A Customer allocated storage capacity in an open
season shall be required to execute a service agreement(s) for firm service pursuant to the
requirements of Section 3.6 of these General Terms and Conditions.