Dominion Transmission, Inc.
Third Revised Volume No. 1
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Effective Date: 03/01/2009, Docket: RP09-277-001, Status: Effective
Sub First Revised Sheet No. 1144 Sub First Revised Sheet No. 1144
Superseding: Sub Original Sheet No. 1144
GENERAL TERMS AND CONDITIONS
Capacity Release
recall provisions, must be objective, nondiscriminatory,
and applicable to all bidders.
1. Such conditions may include contract
quantity, duration and price; however, the
Releasing Customer is not required to specify
a minimum acceptable quantity, duration or
price.
2. Releasing Customer cannot tie bidders to
other compensation, which is not related to
the release transaction, unless otherwise
provided by the Commission's regulations or
policies.
3. Such conditions may not conflict with the
Pipeline's Tariff or the Commission's
regulations or policies, but may add
provisions that are specific to the release
transaction.
D. Withdrawal of Offers or Bids. Releasing Customer may
withdraw its offer during the bid period, where
unanticipated circumstances justify and no minimum bid
has been made. Offers are binding until written or
electronic notice of withdrawal is received by Pipeline.
Bids are binding until written or electronic notice of
withdrawal is received by Pipeline; provided, however,
that bids cannot be withdrawn after the bid period
ends. After such a withdrawal, the bidder may not
subsequently submit a lower bid for the same posted
offer of released capacity.
E. Exemptions from Bidding Procedure.
1. Prearranged Deals. If a potential Replacement
Customer, identified by Releasing Customer
prior to posting under this Section 23
("Designated Replacement Customer"), agrees
to pay the maximum tariff rate for a term
greater than one year and agrees to meet all
other terms and conditions proposed by the
Releasing Customer, the release is not
subject to bidding, but will be posted in
accordance with Section 23.3.E, below.
2. Asset Management Agreements. Releases to an
asset manager as defined in the Commission's
Regulations, 18 C.F.R. Section 284.8(h)(3)
(2008) are not subject to bidding, but will
be posted in accordance with Section 23.3.E,
below.
3. State-Regulated Retail Unbundling Programs.
Releases to marketers participating in state-
regulated retail access programs as defined
in the Commission's Regulations, 18 C.F.R.
Section 284.8(h)(4) (2008) are not subject to
bidding, but will be posted in accordance
with Section 23.3.E, below.
4. Releases for 31 Days or Less. Releases of 31
days or less are not required to be posted
for bidding.