Granite State Gas Transmission, Inc.

Fourth Revised Volume No. 1

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Effective Date: 03/01/2010, Docket: RP10-322-000, Status: Effective

Original Sheet No. 123 Original Sheet No. 123

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

26. CAPACITY RELEASE (Continued)

 

(c) Nominations accepted after notification of the

winning bid. In the event Shipper has not executed the Contract

prior to making its nomination, Shipper shall be deemed to have

executed Transporter's pro forma Gas Transportation Contract.

 

26.9 Awarding of Released Capacity

 

Release capacity shall be made available on a non-

discriminatory basis in accordance with the timeline described

above. Wherein Transporter will evaluate all bids received, and

select the "Best Bid" which will receive the released capacity.

If there are awards of capacity for which there have been multiple

bids meeting minimum conditions, the best bid shall be awarded

first, until all offered capacity is awarded. Initially,

Transporter will eliminate from consideration those bids which do

not meet the minimum conditions established by the Releasing

Customer and those bids which have not complied with Transporter's

own creditworthiness criteria. If the Releasing Customer has

provided alternative criteria for determining the "Best Bid,"

Transporter will apply those criteria to determine which bid

receives the capacity. If no evaluation criteria have been

provided by the Releasing Customer, Transporter will award the

released capacity based on the application of the following

criteria:

 

(i) If there is only one valid bid, Transporter will

award the released capacity to that Bidder,

 

(ii) If more than one valid bid is received, Transporter

will award the released capacity to the Bidder offering the

maximum applicable rate for the maximum term specified by the

Releasing Customer.