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. 284A Fifth Revised Sheet No. 284A

Superseding: Fourth Revised Sheet No. 284A

 

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

9. CAPACITY RELEASE PROGRAM (Continued)

 

9.9 Awarding of Released Capacity (Continued)

 

(b) If a bid is received that exceeds the minimum but does not

conform completely to the reservation charge(s) and

reservation surcharge(s) and all the terms and conditions

specified in the Releasing Shipper's notice, then the

Acquiring Shipper(s) shall be the Bidding Shipper(s) who

offer(s) the highest 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 bids from two or more Bidding Shippers

result in bids of equal rank then the capacity shall be

awarded in accordance with Section 9.9(f) hereof.

Transporter shall evaluate and rank all bids submitted during

the open season. If Bidding Shipper has not removed its

contingency by the date specified by the Releasing Shipper

pursuant to Section 9.3(p) hereof, such bid shall be deemed

to have been withdrawn.

 

(i) Default Bid Evaluation Criteria - If Releasing

Shipper does not specify otherwise, all bids will be

evaluated pursuant to Option 4, Highest Rate.