El Paso Natural Gas Company

First Revised Volume No. 1-A

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Effective Date: 04/01/1993, Docket: RS92- 60-011, Status: Effective

2nd Substitute Original Sheet No. 290 2nd Substitute Original Sheet No. 290 : Superseded

 

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

28. CAPACITY RELEASE PROGRAM (Continued)

 

28.10 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 determined under Option 1, Option

2, Option 3 or Option 4 below, as applicable. 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 28.10(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 28.10(f) hereof. El Paso 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 28.4(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deemed to have been withdrawn.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 1 with equal weighting

factors on all three criteria.