Discovery Gas Transmission LLC
Original Volume No. 1
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Effective Date: 02/01/2003, Docket: RP03-219-000, Status: Effective
Third Revised Sheet No. 169 Third Revised Sheet No. 169 : Effective
Superseding: Second Revised Sheet No. 169
which will be 8:00 a.m. Central Time forty-five (45) Days prior to
the deadline for nominating Transportation utilizing the capacity.
A potential Shipper must submit, along with its bid, a Prepayment
of Ten Thousand Dollars ($10,000). All bids will be binding on
the bidding party. Transporter will post the relevant terms of
all eligible bids, other than the bidder names, one (1) Business
Day after each bid is received by Transporter.
d. Determination of the Best Bid - Transporter will review all bids
for the posted capacity. The best bid will be the bid with the
longest term at the maximum rate. If there is a tie, the
potential Shipper submitting the earliest bid will be deemed to
have submitted the best bid. Transporter will consider, but will
not be required to accept, a bid that requests a rate that is less
than Transporter's maximum rate for the requested service.
Transporter will evaluate the bids based on the present value of
the revenue that would be generated by an FT-1 Service Agreement
at the rate and for the term bid by each potential Shipper using
the Commission's currently posted Interest Rate. In the event
that a bid is a Negotiated Rate, the evaluation process will only
consider the revenues generated by the reservation rate component
or other guaranteed revenue stream included in the bid, up to the
maximum, Commission- approved tariff rate. Bids at less than the
maximum tariff rate will be considered in the same manner as the
recourse rate for such service.