Cheyenne Plains Gas Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 07/26/2010, Docket: RP10-876-000, Status: Effective

Second Revised Sheet No. 268 Second Revised Sheet No. 268

Superseding: First Revised Sheet No. 268

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

9. CAPACITY RELEASE PROGRAM (Continued)

9.8 Notice by Shipper Electing to Release Capacity on Prearranged

Release Basis and Confirmation of Bid by Prearranged Shipper

(Continued)

 

(h) the time and date the notice is to be posted on Transporter's

EBB. Release notice will be posted upon receipt unless

otherwise requested by Releasing Shipper (open season dates will

be posted by Transporter based on the requirements of Section

9.5 of this Tariff, if applicable, or by Releasing Shipper, if

Releasing Shipper requests a longer open season than the minimum

required in Section 9.5 herein).

 

Releasing Shipper cannot allow extension of time provided for

the Prearranged Shipper to match a higher bid (matching period

as described in the timelines in Section 9.5 hereof) without

posting a new release;

 

(i) any other applicable conditions of the prearranged release.

 

9.9 Term of Released Capacity. The term of any release of firm capacity

shall not exceed the term of the TSA or Replacement Capacity

Agreement under which the release occurs, nor shall it be less than

one Day.

 

9.10 Bids for Released Capacity Subject to Open Season. A bid may be

submitted to Transporter by a Bidding Shipper at any time during the

open season via Transporter's EBB.

 

(a) Each bid for released capacity must include the following:

 

(i) Bidding Shipper's legal name and the name of the individual

responsible for authorizing the bid;

 

(ii) the term of the proposed acquisition;

 

(iii) the maximum reservation rate, expressed as a daily rate

(dollars and cents) or percentage of the maximum reservation

rate, as appropriate, or maximum volumetric rate (either

dollars or percent, as specified by Releasing Shipper)

Bidding Shipper is willing to pay for the released capacity.

For purposes of bidding and awarding, maximum/minimum rates

specified by the Releasing Shipper shall include the Tariff

Reservation Rate and all reservation surcharges, as a total

number or stated separately (NAESB WGQ Standard 5.3.27);