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. 553 Original Sheet No. 553

 

FORM OF RELEASE NOTICE (Cont'd)

 

(d) The Replacement Shipper has ____ has not ____ the option to accept the capacity after

a recall for the remainder of the release term.

 

4. Form of Price Bid. Bids for the capacity and service rights to be released and assigned are to

be submitted on the basis of:

 

(a) (i) ____ a two-part rate only,

(ii) ____ a one-part volumetric rate only,

(iii) ____ a blended rate, or

(iv) ____ any of the above, and

 

(b) (i) ____ absolute dollars and cents, or

(ii) ____ percent of maximum rate.

 

5. Minimum Conditions. The minimum price, minimum term, or minimum volume, if any, applicable to

bids for the released capacity are as follows: (i) price ____________; (ii) term ______________; and

(iii) volume __________________. Any other minimum conditions applicable to bids for the released capacity are

as follows: _________________________________________________________________

_______________________________________________________________________________________________________.

 

6. Contingent Bids. Contingent bids for the released capacity (check one) ___ will or ___ will

not be permitted. If contingent bids will be permitted, the terms and conditions of acceptable

contingencies -- including the manner in which such contingent bids will be evaluated -- are as follows:

________________________________________________________________________________________________________

________________________________________________________________________________________________________

________________________________________________________________________________________________________.

 

7. Maximum Reservation Charge. The maximum reservation charge (including demand-type surcharges)

applicable to the released capacity is: __________________________.

 

8. Posting Period. The date and time at which this Release Notice shall be posted on

Transporter's EBB shall be: Date: _______________ Time: ______________. Bidding shall commence at the time of

posting and shall continue until: Date: ____________ Time: ____________ (must comply with the minimum

established in the General Terms and Conditions Section 14.2(d)).

 

9. Evaluation and Tie-Breaking Criteria. Releasor agrees that all bids for its released capacity

shall be evaluated by Transporter pursuant to the evaluation criteria referenced in Section 14.1(c) of the

General Terms and Conditions of Transporter's Tariff, unless alternate evaluation criteria are otherwise

specified as follows: _________________________________________________________________

_____________________________________________________________________________________________________.

 

Releasor further agrees that the criteria for breaking ties among highest bidders shall be as specified in

Section 14.4(d) of the General Terms and Conditions of Transporter's Tariff, unless alternate tie-breaking

criteria are specified as follows: ____________________________________________________________________

_______________________________________________________________________________________________________.

 

10. Releasor's Contact Person. Releasor's contact person with respect to this Release Notice is:

Name: ____________________________________________________________

Telephone No.: __________________________________________________

Facsimile No.: __________________________________________________