El Paso Natural Gas Company
Second Revised Volume No. 1A
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Effective Date: 04/01/2010, Docket: RP10-454-001, Status: Effective
Fifth Revised Sheet No. 284 Fifth Revised Sheet No. 284
Superseding: Fourth Revised Sheet No. 284
TRANSPORTATION GENERAL TERMS AND CONDITIONS
(Continued)
9. CAPACITY RELEASE PROGRAM (Continued)
9.8 Bids for Released Capacity (Continued)
(b) Any bid received by Transporter during the open season shall
be posted on Transporter's EBB (excluding Bidding Shipper's
name). The posting shall indicate if the bid is a contingent
bid. Any bid may be withdrawn by such Shipper at any time
prior to the close of the open season. However, once a bid
is withdrawn, such Shipper may not resubmit a bid at a lower
rate but may resubmit a bid at a higher rate. A Bidding
Shipper may not simultaneously submit multiple bids for the
same package of capacity and may not have more than one bid
posted at a given time for such package of capacity.
(c) Except as stated in this Section 9.8(c), a Bidding Shipper
may not bid a reservation charge(s) less than the minimum
reservation charge(s) nor more than the sum of the maximum
reservation charge(s) and reservation surcharge(s) specified
by this Volume No. 1A Tariff, nor may the quantity or the
term of the release of such bid exceed the maximum quantity
or term specified by the Releasing Shipper. No maximum rate
limitation applies to a release of capacity for a period of
one Year or less if the release is to take effect on or
before one Year from the date on which Transporter is
notified of the release.
(d) Any capacity acquired on a volumetric reservation charge
basis may not be re-released.
9.9 Awarding of Released Capacity - Released capacity shall be awarded
in accordance with this Section 9.9.
(a) If Bidding Shipper submits a bid to acquire the released
capacity at greater than or equal to the maximum reservation
charge(s) and reservation surcharge(s) and upon all the terms
and conditions specified in the Releasing Shipper's notice,
then the capacity shall be awarded to such Bidding Shipper,
and the Releasing Shipper shall not be entitled to reject
such bid. Provided, however, if such bid was submitted as a
bid in an open season relating to a pre-arranged release and
the Pre-Arranged Shipper matches such offer, then the
capacity shall be awarded pursuant to Section 9.9(g) hereof.
If more than one such bid is received then the capacity shall
be awarded in accordance with Section 9.9(f) hereof. The
Releasing Shipper shall not be entitled to reject any bid so
selected.