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.