East Tennessee Natural Gas, LLC

Third Revised Volume No. 1

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Effective Date: 01/01/2009, Docket: RP09-76-000, Status: Effective

Second Revised Sheet No. 344 Second Revised Sheet No. 344

Superseding: First Revised Sheet No. 344

 

GENERAL TERMS AND CONDITIONS (Continued)

 

 

17.6 Applicable Deadlines

 

(a) For releases, NAESB WGQ Standard 5.3.2 provides the

following Bidding Periods:

 

(1) For biddable releases of one (1) Year or less:

 

-- offers shall be tendered by 12:00 P.M. on a

Business Day;

-- open season ends no later than 1:00 P.M. on a

Business Day (evaluation period begins at 1:00

P.M. during which contingency is eliminated,

determination of best bid is made, and ties are

broken);

-- evaluation period ends and award posting if no

match required at 2:00 P.M.;

-- match or award is communicated by 2:00 P.M.;

-- match response by 2:30 P.M.;

-- where match required, award posting by 3:00

P.M.;

-- contract issued within one hour of award posting

(with a new contract number, when applicable).

 

Nominations for gas flow are possible beginning at the

next available nomination cycle for the effective date

of the contract. Such nominations will be processed

in accordance with the nomination and scheduling

requirements of Section 15 of the General Terms and

Conditions; however, in no circumstances will gas flow

prior to the effective date of the release as

specified in Releasing Shipper's Request.

 

(2) For biddable releases of more than one (1) Year:

 

-- offers shall be tendered by 12:00 P.M. four

Business Days before award;

-- open season ends no later than 1:00 P.M. on the

Business Day before timely nominations are due

(the duration of the open season is three

Business Days plus one hour);

-- evaluation period begins at 1:00 P.M. during

which contingency is eliminated, determination

of best bid is made, and ties are broken;

-- evaluation period ends and award posting if no

match required at 2:00 P.M.;

-- match or award is communicated by 2:00 P.M.;

-- match response by 2:30 P.M.;

-- where match required, award posting by 3:00

P.M.;

-- contract issued within one hour of award posting

(with a new contract number, when applicable).

 

Nominations for gas flow are possible beginning at the

next available nomination cycle for the effective date

of the contract. Such nominations will be processed

in accordance with the nomination and scheduling

requirements of Section 15 of the General Terms and

Conditions; however, in no circumstances will gas flow

prior to the effective date of the release as

specified in Releasing Shipper's Request.