Colorado Interstate Gas Company
First Revised Volume No. 1
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Effective Date: 06/01/2010, Docket: RP10-689-000, Status: Effective
Seventh Revised Sheet No. 339 Seventh Revised Sheet No. 339
Superseding: Sixth Revised Sheet No. 339
GENERAL TERMS AND CONDITIONS
(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 9.
(g) Bids shall be binding until written or electronic notice of
withdrawal is received by Transporter (NAESB Standard 5.3.13).
9.12 Awarding of Released Capacity. Released capacity shall be awarded in
accordance with this Section 9.12.
(a) If a Bidding Shipper's bid satisfies all terms and conditions
specified in the Releasing Shipper's notice, including the
posted Reservation Rates, then the capacity shall be awarded to
such Bidding Shipper, and the Releasing Shipper shall not be
permitted to reject such bid. If such bid was submitted in an
open season relating to a prearranged release, capacity shall
be awarded as described in Section 9.12(h) hereof.
(b) Offers shall be binding until written or electronic notice of
withdrawal is received by Transporter (NAESB Standard 5.3.14).
Releasing Shipper(s) may withdraw their offer of release any
time prior to the start of the open season or during the open
season if conditions have changed up to the time a valid bid is
received. The Releasing Shipper may not withdraw its offer of
release if bids have been received that meet the minimum terms
of the release. The Releasing Shipper may withdraw its offer to
release capacity in writing, interactively via the electronic
bulletin board or via an electronic data interchange (EDI)
upload utilizing the NAESB Standard data set. In summary, the
Releasing Shipper has the right to withdraw its offer during
the bid period, where unanticipated circumstances justify and
no minimum bid has been made (NAESB Standard 5.3.16).