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

Original Volume No. 1

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Effective Date: 01/22/2005, Docket: RP05-136-000, Status: Effective

First Revised Sheet No. 320 First Revised Sheet No. 320 : Effective

Superseding: Original Sheet No. 320

GENERAL TERMS AND CONDITIONS

(Continued)

 

28. CAPACITY RELEASE PROGRAM (Contd.)

 

28.7 Notice by Shipper Electing to Release Capacity On An Open Season

Basis (Contd.)

 

(j) if Releasing Shipper is willing to consider releasing capacity

at less than maximum reservation rate stated in (i) above, and

if so, the minimum reservation rate Releasing Shipper is

willing to accept;

 

(k) 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 as stated separately (NAESB WGQ Standard 5.3.27).

 

(l) whether the Releasing Shipper wants Transporter to market the

capacity in accordance with Section 28.17 hereof;

 

(m) for releases posted to comply with the NAESB WGQ Timeline as

shown in Section 28.5(c) hereof, the Releasing Shipper shall

select one of the following bid evaluation methods which are

described more fully in Section 28.11(d):

 

(i) Present Value

(ii) Highest Rate

(iii) Net Revenue

(iv) Releasing Shipper's Criteria

 

(n) In lieu of the methods described in Section 28.7(m)(i-iii)

above, the Releasing Shipper may provide its own

nondiscriminatory bid evaluation criteria as stated in Section

28.7(m)(iv); except that Transporter will not accept first

bidder meeting minimum acceptable terms of the release as a

valid bid evaluation method. However, Transporter is not

obligated to comply with the NAESB WGQ Timeline shown in

Section 28.5(c), hereof, if the method shown in Section

28.7(m)(iv) is chosen. In that case, Transporter shall apply

the timeline for releases subject to special terms and/or

conditions, contained in Section 28.5(b).