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).