Energy West Development, Inc.

Original Volume No. 1

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Effective Date: 06/11/2010, Docket: RP10-732-000, Status: Effective

Second Revised Sheet No. 61A Second Revised Sheet No. 61A

Superseding: First Revised Sheet No. 61A

 

notified of the winning bid. In the event a bid is received

that more closely meets the criteria specified by the Releasing

Shipper, Transporter shall provide the Pre-arranged Replacement

Shipper an opportunity during the Matching Period to match or

exceed the bid that more closely meets the criteria specified

by the Releasing Shipper. No later than 2:00 p.m., the Pre-

arranged Replacement Shipper shall receive notification via

Electronic Communication of the terms and conditions of the

prevailing bid, and shall have the Matching Period to respond

via Electronic Communication. Absent a response, the capacity

shall be awarded to the prevailing Bidding Shipper no later

than 3:00 p.m. Transporter will post notice of a pre-arranged

release on Transporter’s Public Internet no later than the

first nomination after the transaction commences.

 

(k) Awarding of Capacity Available for Release. Capacity for

releases subject to bidding will be awarded no later than 3:00

p.m. The capacity available for release shall be awarded to

the Bidding Shipper with the highest bid matching all terms and

conditions provided by the Releasing Shipper. Potential

Replacement or Pre-arranged Replacement Shippers may submit

bids in excess of the maximum tariff rate for the applicable

service if the term of the proposed release is one (1) Year or

less as long as the release is to take effect on or before one

(1) Year from the date on which Transporter is notified of the

release. Such rate will be utilized in the determination of

the highest bid.

 

In the case of multiple bid winners, the highest ranking bid

will receive the entire maximum amount of capacity bid. The

next highest bidder will receive the remainder of the offered

capacity provided that the amount remaining is above the

bidder’s minimum acceptable quantity. Any remaining capacity

will be given to the next highest bidder under the same

provisions as above. This process will repeat until either all

of the offered capacity is awarded or the remaining capacity

falls below either the Releasing Shipper’s minimum quantity, or

all the remaining bidder’s acceptable quantities. If bids are

received that do not match all the terms and conditions

provided by the Releasing Shipper, bids will be evaluated by

the criteria provided by the Releasing Shipper. If no criteria

are provided by the Releasing Shipper, the Bidding Shipper

bidding the greatest NPV shall be awarded the capacity.

If more than one such bid has an equal NPV, then the capacity

shall be awarded on a first come, first served basis. The

ultimate awarding of capacity will be provided subsequently by

Transporter via Electronic Communication by 4:00 p.m. to the

winning Replacement Shipper(s). Transporter shall post notice

on Transporter’s Public Internet that the capacity has been

awarded. The notice will include the Replacement Shipper’s

name(s), the rate, reservation quantity, and term of the best

bid. Unless the bidder was a contingent bidder and the

contingency did not occur Transporter will tender a numbered

agreement (unless Shipper has a Master Agreement) to the

winning bidder by 10:00 a.m. of the day nominations are due and

the winning bidder shall enter into an agreement with Transporter

pursuant to Section 25.2 of the General Terms and Conditions of

this Tariff.