El Paso Natural Gas Company

First Revised Volume No. 1-A

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Effective Date: 04/01/1993, Docket: RS92- 60-016, Status: Effective

3rd Substitute Original Sheet No. 284 3rd Substitute Original Sheet No. 284 : Superseded

 

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

28. CAPACITY RELEASE PROGRAM (Continued)

 

28.4 Notice by Shipper Electing to Release Capacity (Continued)

 

(i) whether the Releasing Shipper desires to release capacity

on the basis of a volumetric reservation charge and, if

so, whether bids shall be stated in dollars or as a

percentage of El Paso's maximum reservation charge(s) and

reservation surcharge(s) in accordance with Section 28.16

below;

 

(j) whether Option 1, Option 2, Option 3 or Option 4 of

Section 28.10 shall be used to determine the highest

bidder and, if Option 3 is selected, the criteria by which

bids are to be evaluated; whatever evaluation option the

Releasing Shipper chooses, it may establish and post

objective, non-discriminatory minimum conditions for an

acceptable bid, subject to the provisions of Section

28.4(q) set forth below;

 

(k) the weight for each factor if bids will be evaluated using

the Option 1 weighted composite bid method;

 

(l) the method by which ties will be broken;

 

(m) whether the Releasing Shipper wants El Paso to market its

released capacity in accordance with Section 28.17;

 

(n) the duration of the open season and of the matching period

if longer than the minimums specified in Section 28.8

below;

 

(o) the date and time the notice is posted on the electronic

bulletin board;

 

(p) whether the Releasing Shipper is willing to accept

contingent bids that extend beyond the open season and, if

so, any non-discriminatory terms and conditions applicable

to such contingencies including the date by which such

contingency must be satisfied (which date shall be no

later than two (2) business days prior to the first day

the Acquired Capacity Agreement is to be effective) and

whether, or for what time period, the next highest bidder

will be obligated to acquire the capacity should the

winning contingent bidder be unable to satisfy the

contingency specified in its bid; and