Centerpoint Energy Gas Transmission Company
Sixth Revised Volume No. 1
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Effective Date: 02/25/2009, Docket: RP09-261-000, Status: Effective
First Revised Sheet No. 541 First Revised Sheet No. 541
Superseding: Original Sheet No. 541
GENERAL TERMS AND CONDITIONS
(continued)
19.3 Capacity Release Timeline.
(a) All offers must be complete, valid and in compliance with the
terms of this Tariff, prior to posting. Valid and complete
offers will be posted upon receipt, unless releasing Shipper
requests a later posting time, provided that such request
comports with the standard timeline specified below. Except as
provided in Section 19 above, the timelines set forth in (b) and
(c) below for capacity releases shall be applicable if:
(i) all information provided by the parties to the transaction
is valid, complete, and satisfies the requirements of this
section;
(ii) all bidders have been determined by Transporter to be
creditworthy prior to the bidder's tender of a bid;
(iii) there are no special terms and conditions of the release;
and
(iv) the offer to release contains one of the bid evaluation
methodologies specified in Section 19.5(a) below.
(b) For biddable releases:
(i) Less than or equal to one (1) Year:
On a Business Day:
(1) Offers shall be received by 12:00 p.m.;
(2) Bid period ends at 1:00 p.m.;
(3) Bid evaluation period begins at 1:00 p.m.,
during which contingencies are eliminated; best
bid is determined; and bid ties are broken, and
ends at 2:00 p.m.;
(4) Award of capacity or the triggering of a
matching right communicated to the appropriate
party by 2:00 p.m.;