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.