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. 270 Second Revised Sheet No. 270

Superseding: First Revised Sheet No. 270

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

9. CAPACITY RELEASE PROGRAM (Continued)

9.11 Awarding of Released Capacity (Continued)

 

(d) Bid Evaluation Methods (Contd.)

 

(iv) Releasing Shipper's Criteria. Releasing Shipper may at

the time of posting of the notice of release specify

how bids are to be evaluated to determine which offer

is the best. The criteria must be objectively stated,

applicable to all potential bidders, and

nondiscriminatory. The criteria can contain provisions

that allow for weighting of factors such as quantity,

term, and rate; however, Transporter will not accept

first bidder meeting minimum acceptable terms of the

release as a valid bid evaluation methodology. If bid

evaluation criteria are provided by the Releasing

Shipper, Transporter is not obligated to comply with

the NAESB WGQ Timeline as specified in Section 9.5(c),

hereof, but will evaluate the bids promptly in

conformance with the timeline specified in Section

9.5(b), hereof.

 

(e) If bid evaluation criteria are provided by the Releasing

Shipper, Transporter shall, for each bid received, calculate

the total value of each bid received at the end of the open

season based on the nondiscriminatory criteria provided by the

Releasing Shipper. The results of this calculation shall

determine each bid's total value. The bids will then be

ranked by Transporter in order from the highest to the lowest

total value.

 

(f) For bids evaluated using any of the first three methods

(Sections 9.11(d)(i) through (iii), above), Transporter shall

notify the Releasing Shipper and successful bidder no later

than 5:00 p.m. CCT on the Business Day before nominations are

due (as specified in Section 9.5, hereof) and the capacity

shall be awarded to the successful Bidding Shipper(s) (i.e.,

the Replacement Shipper(s)).

 

(g) If bids from two or more Bidding Shippers result in bids of

the highest equal value, the first bid received of highest

equal value will be awarded the capacity. When Transporter

makes awards of capacity for which there have been multiple

bids meeting minimum conditions, Transporter shall award the

bids, best bid first, until all offered capacity is awarded

(NAESB WGQ Standard 5.3.4).