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

First Revised Sheet No. 269.01 First Revised Sheet No. 269.01

Superseding: Original Sheet No. 269.01

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

9. CAPACITY RELEASE PROGRAM (Continued)

9.10 Bids for Released Capacity Subject to Open Season (Continued)

 

(e) A Bidding Shipper may only have one bid pending for a capacity

release transaction at any one time.

 

(f) All bids pending at the expiration of the open season shall be

binding upon the Bidding Shipper(s). Further, the Bidding

Shipper(s) agrees that its bid will constitute a binding

agreement if the Bidding Shipper is awarded the released

capacity pursuant to this Section 9.

 

(g) Bids shall be binding until written or electronic notice of

withdrawal is received by Transporter (NAESB WGQ Standard

5.3.13).

 

9.11 Awarding of Released Capacity. Released capacity shall be awarded

in accordance with this section.

 

(a) If a Bidding Shipper's bid satisfies all terms and conditions

specified in the Releasing Shipper's notice, including the

posted reservation rate, then the capacity shall be awarded to

such Bidding Shipper, and the Releasing Shipper shall not be

permitted to reject such bid. If such bid was submitted in an

open season relating to a prearranged release, capacity shall

be awarded as described in Section 9.11(h) hereof.

 

(b) Offers shall be binding until written or electronic notice of

withdrawal is received by Transporter (NAESB WGQ Standard

5.3.14). Releasing Shipper(s) may withdraw their offer of

release any time prior to the start of the open season, or

during the open season in the event of an unexpected change in

Releasing Shipper's need for the capacity being released

provided, however, that the Releasing Shipper may not withdraw

its offer of release, if bids have been received that meet the

minimum terms of the release. The Releasing Shipper may

withdraw its offer to release capacity in writing,

interactively via the EBB or via an electronic data

interchange (EDI) upload utilizing the NAESB WGQ Standard data

set. In summary, the Releasing Shipper has the right to

withdraw its offer during the bid period, where unanticipated

circumstances justify and no minimum bid has been made (NAESB

WGQ Standard 5.3.16).