Carolina Gas Transmission Corporation

Original Volume No. 1

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Effective Date: 11/01/2006, Docket: CP06- 71-001, Status: Effective

Original Sheet No. 171 Original Sheet No. 171 : Effective

 

17.7 Award of Released Capacity.

 

(a) Pipeline will select the best bid from among bids received

before the expiration of the bid period. The best bid

shall be determined under the bid evaluation method

specified by the Releasing Shipper. Pipeline will reject

any bid that does not meet minimum specifications in

Releasing Shipper’s offer. If multiple bids meet minimum

conditions stated in Releasing Shipper’s offer, Pipeline

will award the capacity, best bid first, until all offered

capacity has been awarded.

 

(b) If more than one (1) Bidder submits the best bid, the first

Bidder in time, including a Prearranged Replacement

Shipper, will have its bid selected and posted as the best

bid, unless Releasing Shipper specifies another tie-

breaking methodology in Releasing Shipper’s offer; provided

that if a contingent bid and a non-contingent bid tie for

the best bid, Pipeline will select the non-contingent bid.

 

(c) If a Prearranged Replacement Shipper does not submit a

matching bid within the time allotted in Section 17.4,

Pipeline will award the capacity under Sections 17.7(a)and

(b).