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. 1075 Original Sheet No. 1075 : Effective

 

 

GENERAL TERMS AND CONDITIONS

ALLOCATION OF AVAILABLE FIRM CAPACITY

 

 

26. ALLOCATION OF AVAILABLE FIRM CAPACITY

 

26.1 This Section 26 sets forth procedures for allocating existing firm capacity that becomes

available on Pipeline's system. It shall not apply to capacity that is: (a) offered

through the capacity release program of GT&C Section 15; or (b) subject to a ROFR under

GT&C Section 25; or (c) reserved for future expansion projects, as defined in GT&C

Section 27.

 

26.2 Posting of Available Firm Capacity

 

A. Pipeline shall undertake to post known available capacity on the Website no less than

30 days prior to the date that it is to become available. Capacity that will be

available for less than five months shall be posted for no less than one Business

Day. All other capacity shall be posted for no less than five Business Days.

 

B. The posting shall include the following information, as applicable: (1) Points of

Receipt and Delivery, (2) total quantities subject to bid, (3) the date when the

capacity will become available or service will commence, (4) the Recourse Rate

applicable to the service offered, (5) the applicable rate schedule, (6) the posting

period, including any deadline for bids, (7) any limitations on availability of

service, (8) whether the capacity is subject to any reserve rate or formula, (9) the

criteria by which Pipeline will evaluate bids, (10) whether Pipeline will entertain

contingent bids, and (11) any other conditions applicable to the capacity offered.

 

26.3 Bidding Procedures

 

A. Eligible Bidders

 

1. Any party desiring to submit a bid under this Section must first pre-qualify by

demonstrating that it meets the creditworthiness standards of GT&C Section 6 for

the value of its bid.

 

2. Upon successful pre-qualification, the bidder shall be placed on Pipeline's

approved bidder list, and shall be eligible to bid for capacity. An approved

bidder shall remain on Pipeline's approved bidder list until such bidder: (1)

notifies Pipeline to the contrary; (2) in Pipeline's 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.

 

B. All bids must be submitted by facsimile, using the Form of Bid posted on Pipeline's

Website, or by requesting firm service in accordance with GT&C Section 11. A

service request under Section 11 that remains in the queue, and that includes

authorization under GT&C Section 11, shall be considered by Pipeline to be a timely

and valid bid under this Section 26.

 

C. All bids must state the reservation charge or other form of revenue that will be

guaranteed over the term of the Service Agreement. Unless otherwise specifically

provided in the bid posting, the bidder shall pay all applicable usage charges,

surcharges, and any other applicable charges and penalties, as adjusted from time to

time, in addition to the bid price.

 

D. Withdrawals of Offers or Bids. Bids for capacity are legally binding on the bidder

until written notice of withdrawal is received by Pipeline; provided, however, bids

cannot be withdrawn after the close of the bid period, and, provided further, a

bidder may not withdraw a bid and resubmit a bid with a lesser value.