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

Original Volume No. 1

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Effective Date: 02/25/2009, Docket: RP09-300-000, Status: Effective

First Revised Sheet No. 325 First Revised Sheet No. 325

Superseding: Original Sheet No. 325

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

28. CAPACITY RELEASE PROGRAM (Contd.)

 

28.10 (Continued)

 

(b) All valid and complete bid(s) received by Transporter during

the open season as detailed in Section 28.5 hereof shall be

posted on Transporter's EBB. The identity of the Bidding

Shipper(s) will not be posted, but all other terms of the

bid(s) will be posted on Transporter's EBB or will be

available via EDI utilizing the NAESB WGQ Standard data sets.

 

(c) Except as stated in this Section 28.10(c), a Bidding Shipper

may not bid a reservation rate less than the minimum

reservation rate nor more than the maximum reservation rate

applicable to the appropriate rate schedule nor may the

capacity or the term of the release of such bid exceed the

maximum quantity or term specified by the Releasing Shipper.

No maximum rate limitation applies to a release of capacity

for a period of one year or less if the release is to take

effect on or before one year from the date on which

Transporter is notified of the release.

 

(d) A Bidding Shipper may withdraw its bid any time prior to the

expiration of the open season but may not resubmit a bid for

the same release at an equal or lower rate. Bids may be

withdrawn in writing, interactively via the EBB or via an

electronic data interchange (EDI) upload utilizing the NAESB

WGQ Standard data set.

 

(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 28.

 

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

withdrawal is received by Transporter (NAESB WGQ Standard

5.3.13).