Centerpoint Energy Gas Transmission Company

Sixth Revised Volume No. 1

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Effective Date: 05/01/2010, Docket: RP10-567-000, Status: Effective

First Revised Sheet No. 547 First Revised Sheet No. 547

Superseding: Original Sheet No. 547

 

GENERAL TERMS AND CONDITIONS

(continued)

 

19. CAPACITY RELEASE (continued)

 

bid provided Transporter receives electronic notice thereof

prior to the close of the bid period. Once a bid is

withdrawn, that bidder may only submit a new bid pursuant to

that release offer if it is at a higher rate than the

withdrawn bid. Releasing Shipper shall not be allowed to

extend the original bid period or the original pre-arranged

release match period, without first posting a new release.

 

(b) Transporter shall evaluate the bids in accordance with the

provisions of this section and determine the best bid in

accordance with the above timeline, if applicable. If

capacity offered for release remains after determination of

the best bid and the releasing Shipper does not specify

another method for disposition of such capacity, then

Transporter will determine from among the remaining

qualifying bids the next best bid and proceed in the same

manner until all the offered capacity has been awarded to

approved bidders submitting qualifying bids.