Discovery Gas Transmission LLC

Original Volume No. 1

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Effective Date: 02/27/2009, Docket: RP09-291-000, Status: Effective

Third Revised Sheet No. 160 Third Revised Sheet No. 160

Superseding: Substitute Second Revised Sheet No. 160

 

11.6 SUBMISSION OF BIDS - During the open season and bid submittal periods,

all valid bids (excluding bidder's name) will be posted. All bids will

be binding until written or electronic notice of withdrawal is received

by Transporter. A bid may be withdrawn prior to the close of the

bidding period, but the withdrawing bidder may not rebid on the same

capacity at a lower rate. Invalid bids will not be posted. There will

be no extensions of the original bid period or the prearranged deal

match period.

 

Prior to bidding on any offer to release capacity, a bidder must

prequalify by satisfying the creditworthiness requirements in Subsection

11.10. All bids for capacity shall be transmitted via mail, telefax, or

electronically to Transporter. Transporter shall date and time stamp

all written bids as they are received. A separate bid is required for

each offer to release capacity. The price bid on any offer to release

capacity must be submitted on a reservation rate basis or on a

volumetric basis. Any volumetric bids should only relate to the

reservation rate, since any volumetric charges will be directly billed

by Transporter to the Replacement Shipper and will not be considered in

the determination of the best bid. All bids on temporary releases of

capacity must be for the specified Receipt and Delivery Points set forth

in the Releasing Shipper's offer. Any prequalified bidder submitting a

bid for all or part of any released capacity shall provide the

information required by the NAESB Standards. Transporter shall post all

bids for capacity on its Internet web site (web site).