Columbia Gas Transmission LLC

Third Revised Volume No. 1

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Effective Date: 03/03/2009, Docket: RP09-340-000, Status: Effective

Original Sheet No. 132 Original Sheet No. 132

 

ISS RATE SCHEDULE

INTERRUPTIBLE STORAGE SERVICE (Cont'd)

 

3. BIDDING PROCEDURE

 

(a) If Transporter, in its reasonable discretion, determines that storage capacity is available

under this Rate Schedule, Transporter shall post a notice to that effect on its EBB on or before the tenth day

of the Month preceding the Month during which such storage capacity will be available.

 

(b) Transporter's notice shall include:

 

(1) the quantity of interruptible storage capacity available;

 

(2) the Minimum Bid Rate Transporter is willing to accept and the Maximum Bid Rate that

may be bid (which shall not be lower or higher than the Minimum and Maximum ISS

Commodity Charge Rates set forth at Sheet No. 29 of the Tariff) in cents per Dth

(¢/Dth); and

 

(3) any applicable restrictions on injections or withdrawals of that capacity.

 

(c) Prospective Shippers shall submit their bids to Transporter electronically through the EBB.

Multiple bids may be submitted throughout the bidding period. Final bids must be received by Transporter at

or before 4:00 p.m. Eastern Time on the fifth business day following posting of Transporter's EBB notice.

Transporter shall post all bids and quantities on the EBB as they are received during the bidding period.

Bids may be withdrawn at any time prior to the end of the bidding period. Transporter shall reject any bids

(i) submitted subsequent to the deadline, (ii) for an amount per Dth lower than the Minimum Bid Rate, (iii)

for an amount per Dth higher than the Maximum Bid Rate or (iv) that are not in conformance with paragraph (d)

below. All bids submitted shall be binding. Transporter reserves the right to reject any bid pursuant to

this paragraph (c). Transporter shall notify bidders of rejected bids electronically through Transporter's

EBB.

 

(d) Bids shall include, or with regard to item (4) below shall be accompanied by, the following

information:

 

(1) The Commodity Charge, inclusive of surcharges, bid for the capacity expressed in terms

of cents per Dth (¢/Dth) to the nearest one hundredth of one cent (00.00¢);

 

(2) The ISQ bid;

 

(3) A name, street address (for overnight mail delivery), telephone number and facsimile

number of the representative designated by bidder for receipt of notification by

Transporter of the results of the bidding pursuant to this Section; and

 

(4) A request for service, submitted together or contemporaneously with bidder's bid, that

fully complies with the provisions of Section 3 (Requests for Service) of the General

Terms and Conditions, or evidence that bidder has complied with the requirements of

said Section 3.