Colorado Interstate Gas Company

First Revised Volume No. 1

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Effective Date: 06/01/2010, Docket: RP10-689-000, Status: Effective

Fourth Revised Sheet No. 341A Fourth Revised Sheet No. 341A

Superseding: Third Revised Sheet No. 341A

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(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. It 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 is provided by the Releasing Shipper,

Transporter is not obligated to comply with the NAESB

Timeline as specified in Section 9.6(c) hereof, but will

evaluate the bids promptly, in conformance with the

timeline in Section 9.6(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

(9.12(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 9.6, hereof) and the capacity shall be

awarded to the successful Bidding Shipper(s) (i.e., the

Replacement Shipper(s)).