Egan Hub Storage, LLC
First Revised Volume No. 1
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Effective Date: 01/01/2009, Docket: RP09-77-000, Status: Effective
Third Revised Sheet No. 116 Third Revised Sheet No. 116
Superseding: Second Revised Sheet No. 116
GENERAL TERMS AND CONDITIONS
(Continued)
(d) Releases Not Subject to Bidding
(1) A proposed capacity release with a term of thirty-one (31) Days or
less for which Customer has obtained a Prearranged Customer and
Customer elects not to post such proposed capacity releases for
bidding pursuant to Section 4.3, any release to an asset manager (as
defined in Section 284.8(h)(3) of the Commission's regulations), or
any release to a marketer participating in a state-mandated retail
access program (as defined in Section 284.8(h)(4) of the
Commission's regulations) shall not be subject to the competitive
bidding requirements of Section 4.3(c), but shall be subject to all
other provisions of this Section 4. For releases that become
effective on or after July 30, 2008, with the exception of releases
to an asset manager or to a marketer participating in a state-
mandated retail access program, any release with a term that is
greater than thirty-one (31) days must be posted for bidding.
Customer shall notify Egan Hub of such non-biddable release by
providing the information pursuant to Section 4.1, which information
will be posted on the LINK® System as required by Section 4.5.
(2) The standard timelines applicable to prearranged capacity releases
that are not subject to the competitive bidding requirements are as
follows:
Timely Cycle:
Posting of prearranged deals not subject to bid are due by 10:30
a.m. CCT.
Evening Cycle:
Posting of prearranged deals not subject to bid are due by 5:00
p.m. CCT.
Intraday 1 Cycle:
Posting of prearranged deals not subject to bid are due by 9:00
a.m. CCT.
Intraday 2 Cycle:
Posting of prearranged deals not subject to bid are due by 4:00
p.m. CCT.
Prior to the nomination deadline for the chosen cycle for the begin
date specified in the Releasing Customer's offer to release
capacity, the Prearranged Customer must initiate confirmation of
prearranged deals electronically via the LINK® System. Egan Hub
will issue a contract within one hour of notification of the release
(with a new contract number, when applicable).
Nominations for Gas flow are possible beginning at the next
available nomination cycle for the effective date of the contract.
Such nominations will be processed in accordance with the nomination
and scheduling requirements of Section 8 of the General Terms and
Conditions; however, in no circumstance will Gas flow prior to the
effective date of the release as specified in Releasing Customer's
offer.
(3) Notwithstanding the standard timelines specified in Sections 4.3(a),
4.3(b) an 4.3(c) above, Egan Hub shall support a process to allow
the Releasing Customer and the Prearranged Customer to create and
finalize prearranged non-biddable capacity release transactions to
be effective for a given Gas Day at any time prior to 7:00 a.m. CCT
on the calendar day on which that Gas Day ends.