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withdrawn, that bidder may only submit a new bid pursuant to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withdrawn bid.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