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that bids cannot be withdrawn after the bid period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.