Columbia Gas Transmission LLC

Third Revised Volume No. 1

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Effective Date: 06/12/2009, Docket: RP09-294-002, Status: Effective

First Revised Sheet No. 329 First Revised Sheet No. 329

Superseding: Original Sheet No. 329

 

GENERAL TERMS AND CONDITIONS (Cont'd)

 

(c) Limitations on Continuation of Exempt Transactions. A Releasor that has employed an exempt

transaction to assign service to a designated Replacement Shipper for a period of 31 days or less, as

described in Section 14.2(a)(i) above: (i) shall not roll over, extend, or otherwise continue that release

beyond its original term without complying with the ordinary posting and competitive bidding requirements

applicable to all non-exempt transactions, as set forth in this Section, unless the rollover, extension, or

continuation is for a term of more than one (1) year at the maximum rate, meets all of the terms and

conditions of the Release Notice, and qualifies as an exempt transaction under Section 14.2(a) above; and

(ii) shall not, pursuant to the short-term exemption of Section 14.2(a)(i), re-release to the same Replacement

Shipper for 28 days after termination of the earlier release period without fully complying with the ordinary

posting and competitive bidding requirements applicable to all non-exempt transactions, as set forth in this

Section, unless the re-release is at the maximum rate for a term of more than one (1) year, meets all of the

terms and conditions of the Release Notice, and qualifies as an exempt transaction under Section 14.2(a)

above. This Section does not apply to releases to an asset manager or releases to a marketer participating in

a state-regulated retail access program.

 

(d) Timing and Duration of Posting. Offers by potential Releasors to release and assign capacity

shall be posted on Transporter's EBB in accordance with the Capacity Release timeline under Section 14.(c)

above. Releasor may not specify an extension of the original bid period without posting a new release.

 

(e) Method to Post. Transporter shall post offers and bids, including prearranged deals, upon

receipt. Releasor may request a later posting time for posting of such offer, and Transporter shall support

such request insofar as it comports with the standard Capacity Release timeline specified in GISB standard No.

5.3.2.

 

14.3 Bidding.

 

(a) Potential Replacement Shippers shall submit bids for released capacity which comport with the

methodology of the release notice stated in ten-thousandths of one dollar ($0.0000) per Dth one day per month

for reservation charges, or in hundredths of one cent (0.00¢) per Dth for one-part volumetric rate bids or a

percent of maximum, accompanied by a valid Bid for Capacity Release Form in the form included in this Tariff.

Bids submitted for a permanent release shall be submitted on a valid Request for Service as set forth in

Section 3 (Requests for Service) of the General Terms and Conditions. For capacity release transactions of

one (1) year or less in length, there shall be no maximum price cap. Such bids (i) shall be submitted

electronically by potential Replacement Shippers to Transporter's EBB in the format established by Transporter

for such bids on the EBB, (ii) shall be displayed on the EBB when complete without revealing the identity of

the bidder during the bidding period, (iii) in accordance with Transporter's specifications, shall

specifically reference the capacity for which the bid is being submitted; and (iv) must take effect on or

before one (1) year from the date Transporter is notified of the release.