Nautilus Pipeline Company, LLC
Original Volume No. 1
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Effective Date: 12/01/1997, Docket: CP96-790-003, Status: Effective
Original Sheet No. 113 Original Sheet No. 113 : Effective
GENERAL TERMS AND CONDITIONS
10. SERVICE REQUESTS AND CONTRACTING FOR SERVICE
10.1 Requests for Service
Transporter shall accept written transportation
requests for firm service under Rate Schedules FT-1,
FT-2, and FT-3 on a first-come/first-served basis
determined in accordance with Shipper's transportation
service Request Date.
(a) All Requests for firm transportation service
under Rate Schedule FT-1, Rate Schedule FT-2, or
Rate Schedule FT-3 received prior to 4:00 p.m.
Central Time on October 31, 1996, shall be deemed
to have the same date, and if the sum of all such
Requests for firm service under Rate Schedule
FT-1, Rate Schedule FT-2, and Rate Schedule FT-3
exceeds the design capacity of Transporter's
Pipeline Facilities then the available firm
capacity shall be allocated in the order of the
highest economic value of the bids to Transporter
on a net present value basis, using as a discount
factor the Federal Reserve Board's Federal Funds
Rate. All capacity related to Requests for firm
service under Rate Schedule FT-1, Rate Schedule
FT-2, and Rate Schedule FT-3 having the same
economic value to Transporter shall be allocated
among Shippers on a pro rata basis. The
unsatisfied portion of any Requests for service
under Rate Schedules FT-1, FT-2, and/or FT-3
received prior to 4:00 p.m. Central Time on
October 31, 1996, shall be maintained on
Transporter's firm transportation log and shall
be considered first-in-line with respect to any
firm transportation capacity that subsequently
becomes available on Transporter's Pipeline
Facilities. As and when firm capacity becomes
available, Transporter shall offer such available