Central New York Oil And Gas Company, LLC
Original Volume No. 1
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Effective Date: 02/06/2006, Docket: RP06-171-000, Status: Effective
Third Revised Sheet No. 19 Third Revised Sheet No. 19 : Effective
Superseding: Superseding Second Revised Sheet No. 19
RATE SCHEDULE FSS (continued)
(e) COMPETITIVE BIDDING PROCEDURE.
Bids may be submitted by potential
Replacement Customers via Seller's Internet
website during the posting period. Seller
shall post the terms of each complete bid,
but will not post the identity of the bidder.
Posted bids will be accessible via EDM.
Seller will also require the potential
Replacement Shipper to provide all
information set forth in Section 2 of the
General Terms and Conditions of this FERC Gas
Tariff. Upon expiration of the offer, Seller
shall remove such offer of release from its
Internet website.
Potential Replacement Customers may withdraw
their posted bids at any time during the
bidding period via Seller's Internet website
or EDM. Bids posted by potential Replacement
Customers are binding until written or
electronic notice of withdrawal is received
by Seller. Potential Replacement Customers
cannot withdraw bids after the bidding period
ends. Such potential Replacement Customers
may not post another bid for the same
capacity lower than their previous bid.
(f) PRE-ARRANGED RELEASE
i) Releasing Customer shall have the right to release
capacity to a Pre-Arranged Replacement Customer without
posting an offer on Seller's Internet website if: (1) the
Replacement Customer confirms via Seller's Internet website
the terms and conditions of the Pre-Arranged Release; and
(2) the release is for less than 31 Days. If Releasing
Customer exercises such right, it must notify Seller prior
to the nomination of the released entitlements, and the
Replacement Customer shall adhere to the contracting
requirements. The Replacement Customer shall meet any
eligibility requirements under this Section 7. For capacity
release not subject to posting and bidding, Replacement
Customer shall have the right to submit Nominations to
Seller at the next scheduled opportunity pursuant to Section
4 of the General Terms and Conditions of Seller's FERC Gas
Tariff following notification to Seller of such prearranged
capacity release and Seller will tender to Replacement
Customer within one hour of such notification a contract
with contract number regarding such capacity release.