Dominion Transmission, Inc.
Third Revised Volume No. 1
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Effective Date: 01/01/2001, Docket: RP01- 74-000, Status: Effective
First Revised Sheet No. 1141 First Revised Sheet No. 1141 : Effective
Superseding: Original Sheet No. 1141
GENERAL TERMS AND CONDITIONS
D. Eligible Bidders.
1. Any party desiring to submit a bid under this
Section must first prequalify by demonstrating
that it meets, on a continuing basis, the
creditworthiness standards of Section 7 of the
General Terms and Conditions of Pipeline's
Tariff. Pipeline has no obligation to accept
a bidder as a Replacement Customer until the
potential bidder satisfies these criteria.
2. An agent may be used to bid for capacity;
however, potential bidders who desire to act
as agent must disclose the identity of the
principals on whose behalf they will
participate under this Section, and provide
proof of their authority to act on behalf of
3. Upon satisfying the conditions of Section 7,
above, potential bidders must enter into a
Service Agreement in the form of Service
Agreement applicable to capacity release as
contained in this Tariff.
4. Upon prequalification and execution of a
Capacity Release Agreement, the bidder will be
on Pipeline's approved bidder list, and will
be eligible to post bids on Pipeline's EBB. A
bidder will remain on Pipeline's approved
bidder list until such bidder: (1) notifies
Pipeline to the contrary, (2) in Pipeline's
sole judgment no longer meets the credit
qualifications of Section 7, above, or (3) is
suspended for failure to pay part or all of
the amount of any bill for service from
Pipeline. Bids will legally bind the bidder
to the terms of the bid if Pipeline chooses
such bid as the "best bid," as provided in
Section 23.3, below.
5. Pipeline's affiliates may bid for capacity on
equal terms with all other Customers.
E. No bidder will have any specific right to capacity
on Pipeline's system until Pipeline has executed
the Bid Agreement, as set forth in Section 23.4.,