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)).