Dominion South Pipeline Co., LP

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 12/16/2005, Docket: CP05- 77-001, Status: Effective

Original Sheet No. 1042 Original Sheet No. 1042 : Effective

 

 

GENERAL TERMS AND CONDITIONS

CAPACITY RELEASE

 

15.1 Availability. (Cont.)

 

4. Upon satisfying the above conditions, a potential bidder must enter into a Service

Agreement in the Form of Service Agreement applicable to capacity release as

contained in this Tariff.

 

5. Upon prequalification and execution of a Capacity Release Shell Agreement, the

bidder will be on Pipeline's approved bidder list, and will be eligible to post

bids on the Website. A bidder will remain on Pipeline's approved bidder list until

such bidder: (1) notifies Pipeline to the contrary, (2) in Pipeline's sole

judgment, no longer meets the credit qualifications of GT&C Section 6, or (3) is

suspended for failure to pay part or all of the amount of any bill for service from

Pipeline. Bids will legally bind the bidder to the terms of the bid if Pipeline

chooses such bid as the best bid, as provided in GT&C Section 15.3.

 

6. Pipeline's affiliates may bid for capacity on equal terms with all other Customers.

 

D. No bidder shall have any specific right to capacity on Pipeline's system until

Pipeline has executed the Bid Agreement, as set forth in GT&C Section 15.4.

 

15.2 Bidding Procedure.

 

A. Releasing Customer will post complete release information on the Website, in the most

current form of Release Notice. Releasing Customer may prebuild an offer and delay its

actual posting.

 

B. If all information provided by parties to the transaction is valid and Replacement

Customer has met the requirements described in Section 15.1.C.1before its bid is

posted, then the following timeline will apply to a transaction under this Section 15.

 

1. For biddable releases of a term less than one year:

 

a. Offers must be posted by 12 p.m. CCT on the day nominations are due or on the

day Gas is flowing;

 

b. The open season ends at 1 p.m. CCT on the day nominations are due or on the

day Gas is flowing;

 

c. During the evaluation period from 1 p.m. CCT until 2 p.m. CCT, Pipeline must

determine the best bid or bids, break any ties, and communicate the match or

award to each matching or winning bidder, and the Releasing Customer and/or

the potential Replacement Customer must eliminate any contingencies;

 

d. Any potential Replacement Customer that is required to match a competing bid

must communicate its response to Pipeline by 2:30 p.m. CCT;

 

e. Pipeline posts all awards no later than 3 p.m. CCT;

 

f. For a non-match award, Pipeline shall issue a contract and a contract number

no later than 3 p.m. CCT;

 

g. For a match award, Pipeline shall issue a contract and contract number no

later than 4 p.m. CCT.