Dominion Transmission, Inc.

Third Revised Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-277-000, Status: Effective

Third Revised Sheet No. 1150 Third Revised Sheet No. 1150

Superseding: Second Revised Sheet No. 1150

 

GENERAL TERMS AND CONDITIONS

Capacity Release

 

 

4. If Releasing Customer does not designate an

evaluation standard in the posted notice of

the release, the best bid shall be

determined as follows: the bidder

submitting the highest bid rate, within the

minimum and maximum rates, if applicable,

and in accordance with Section 23.2.F.7,

above, shall win.

 

C. Tie-Breaking Method. If more than one bidder wins under

the applicable evaluation criteria, the capacity must be

released in accordance with the tie-breaking method

specified in Releasing Customer's posted notice. If

Releasing Customer does not designate a tie-breaking

method, then the capacity will be allocated as follows:

first to the winning bidder who submits a non-contingent

bid, as opposed to bids on a contingent basis. If more

than one winning bid is non-contingent, then to the bidder

that is currently utilizing the subject capacity, or if no

winning bidder is currently utilizing the subject

capacity, then to the bidder who submitted its winning bid

first in time; provided that if a Designated Replacement

Customer submits a "winning bid," then Pipeline must

contract with such Designated Replacement Customer.

 

D. Matching Period. In the event that Releasing Customer has

a Designated Replacement Customer who does not submit a

winning bid, then Pipeline must give such Designated

Replacement Customer an opportunity to match the terms and

conditions of the winning bid, as provided in the posted

notice under Section 23.2.F.11.

 

E. Pipeline shall post the winning bid on Pipeline's EBB,

immediately after the bid is awarded, including the name

of the winning bidder.