Rockies Express Pipeline LLC (Entrega)
Second Revised Volume No. 1
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Effective Date: 09/01/2007, Docket: CP06-354-002, Status: Effective
Original Sheet No. 182 Original Sheet No. 182 : Effective
GENERAL TERMS AND CONDITIONS
15. CAPACITY RELEASE BY FIRM SHIPPERS (Contd.)
15.1 GENERAL (Contd.)
(3) For non-biddable releases (in accordance with NAESB
WGQ Standard 5.3.2) (Contd.)
(iv) Intraday 2 Cycle
(a) Posting of prearranged deals not subject
to bid are due by 4:00 p.m.;
(b) Contract issued within one (1) hour of
award posting (with a new contract number,
when applicable); Nomination possible
beginning at the next available Nomination
cycle for the effective date of the contract;
A. BID VALUE
The value assigned to a Qualified Bid or a Prearranged
Release according to the bid evaluation procedures set forth
in Section 15.10 or, if applicable, the bid evaluation
procedures set forth in the Capacity Release Request.
B. CAPACITY RELEASE REQUEST
The request that a Releasing Shipper submits to initiate the
Capacity release procedure under this Section 15.
C. ELIGIBLE FIRM TRANSPORTATION AGREEMENT
A Transportation Agreement under Rate Schedule FTS.
D. MAXIMUM BID VOLUME
The maximum amount of Capacity the Qualified Bidder agreed
to accept in its Qualified Bid.