Dominion South Pipeline Co., LP
Original Volume No. 1
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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.