Clear Creek Storage Company, LLC

Original Volume No. 1

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Effective Date: 10/01/2002, Docket: RP02-402-001, Status: Effective

Substitute Second Revised Sheet No. 41A Substitute Second Revised Sheet No. 41A : Effective

Superseding: First Revised Sheet No. 41A

GENERAL TERMS AND CONDITIONS

(Continued)

 

Standard 5.3.2 and Section 4.5 of these General Terms and

Conditions (1:00 p.m. Central Clock Time of the applicable

deadline day) and is received by Clear Creek at its

designated site no later than 15 minutes after such deadline

(1:15 p.m. each Business Day). Such timely bid, if

determined to be valid, shall be evaluated by Clear Creek

for the purpose of identifying the winning bidder associated

with the offer upon which the bid was made. Clear Creek

shall notify the Replacement Customer whether (1) capacity

will be awarded or (2) matching bids have been received.

Replacement Customers with matching bids shall have until

2:30 p.m. Central Clock Time to increase their bid.

Capacity will be awarded and posted as provided by Section

4.7 of these General Terms and Conditions. If a received

bid is not valid, Clear Creek shall respond with the proper

validation document to the applicable submitting party

within 15 minutes of receipt. If Clear Creek receives an

upload of an offer or a bid not in association with a

deadline, Clear Creek shall process and post for review

valid offers or bids which are received prior to one quarter

hour period by the end of the next succeeding quarter hour

period. In the event such document is not valid, Clear

Creek shall respond to the submitting party with the

applicable validation document by the end of the next

succeeding quarter hour period. The quarter hour periods

are on the hour, 15 minutes, 30 minutes and 45 minutes after

the hour.

 

The Releasing Customer may request a later posting time

for posting of such offer insofar as such request comports

with the standard Capacity Release time line specified in

Section 4.5 of these General Terms and Conditions.

 

Although nightly processing and routine maintenance

occurring outside of the normal business hours may interrupt

the normal schedule of applicable validation documents, such

delays shall be kept to a minimum and the normal schedule

shall be resumed at the earliest opportunity and no later

than the start of the next Business Day.

 

4.7 Awarding of Capacity. Capacity will be awarded no

later than 3:00 p.m. Central Clock Time (2:00 p.m. Mountain

Time) each Day. The capacity shall be awarded to the

Replacement Customer that satisfies the requirements of this

tariff and also meets the conditions of the offer to release

capacity.