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. 330 First Revised Sheet No. 330
Superseding: Original Sheet No. 330
GENERAL TERMS AND CONDITONS (Cont'd)
(b) A potential Replacement Shipper responding to the posting of a Release Notice shall be
permitted to bid a quantity and a term of service different from those specified in the posted Release Notice;
provided, however, that a Bidder shall not be permitted to bid a quantity or a term of service lower than any
minimum quantity or term disclosed and posted by Releasor in the Release Notice. Bidders must accept all
other conditions set forth in the Release Notice.
(c) Bids shall be submitted by potential Replacement Shippers without bidders knowing the
identities of other bidders. Bidders may submit multiple bids, each higher than the previous bid, during the
posting period established pursuant to Section 14.2(e) above.
(d) All bidders must (i) have prequalified under Transporter's creditworthiness standards, (ii)
appear on Transporter's Approved Bidders List, and (iii) where execution of an Assignment Agreement will be
required within five days of its transmission by Transporter, have executed an Electronic Contracting
Agreement with Transporter, as required by Section 3 (Requests for Service), Section 9 (Operating Conditions),
and Section 5 (Service Agreement and Electronic Contracting), of the General Terms and Conditions.
(e) All bids for capacity release transactions more than one (1) year in length shall neither
exceed the maximum rates nor be less than the minimum rates permitted by the Commission for the released
services. Bids for capacity release transactions of one (1) year or less may exceed the maximum rates but
shall not be less than the minimum rates permitted by the Commission for released services. Bids for capacity
offered for more than one (1) year at a one-part volumetric rate (which shall apply only to the reservation
portion of the rate) shall not exceed a maximum rate calculated by converting the applicable maximum
reservation charge into a volumetric charge at a 100 percent load factor plus the applicable commodity
(f) Bids are binding, other than contingent bids, until written or electronic notice of withdrawal
is received. Bids may be withdrawn before the close of the bidding period. Any bidder that withdraws its bid
for released capacity may not, within that same bidding period, submit a bid at a lower rate for any portion
of that same capacity.
(g) Where higher bids are received for capacity that Releasor proposes to release under a
prepackaged arrangement that is subject to competitive bidding (including prepackaged arrangements for 31 days
or less for which Releasor requests competitive bidding), the Replacement Shipper designated by Releasor
(designated Replacement Shipper) shall be notified by Transporter and shall exercise its right to match the
highest competing bid in accordance with the Capacity Release timeline under Section 14(c) above. For
transactions one (1) year or less in length, a designated Replacement Shipper shall be required to match the
highest competing bid, including bids that may be submitted in excess of the maximum rate. A Releasor shall
not be able to specify an extension of the original pre-arranged match period without posting a new release.