Iroquois Gas Transmission System, L.P.

FIRST REVISED VOLUME NO. 1

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Effective Date: 06/01/1997, Docket: RP97-161-005, Status: Effective

Substitute First / Sheet No. 100 Substitute First / Sheet No. 100 : Effective

Superseding: SUBSTITUTE ORIGINAL SHEET NO. 100

 

28.8 Bidding Procedure. Immediately upon the

posting of a Release Notice on Transporter's Electronic

Bulletin Board, Transporter shall begin accepting bids for

such capacity from potential Replacement Shippers. All potential

bidders shall be subject to the credit evaluation procedures

provided in Section 3 of this Tariff. Transporter shall not

accept a bid unless Transporter has verified the creditworthiness

of such bidder in accordance with the provisions of Section 3,

and unless bidder has executed a blanket Gas Transportation

Contract for Replacement Shippers. All Shippers that wish to bid

on released capacity must notify Transporter via Transporter's

Electronic Bulletin Board or via EDI. All complete bids so

submitted shall be posted on the Electronic Bulletin Board as

soon as they are submitted, provided, however, that the names of

bidders shall not be posted by Transporter during the bidding

period. Any bids received must provide the following

information:

 

(a) the bidder's legal name, the phone number,

and the name of the person entering the bid;

 

(b) the Releasing Shipper's legal name, and

the number of the Gas Transportation Contract under which

bidder desires to acquire released capacity;

 

(c) the volume of capacity which the bidder

wishes to acquire, stated in Dth/d;

 

(d) the Receipt and Delivery Points at which

the bidder desires service;

 

(e) the term of the acquisition;

 

(f) the maximum rate bidder is willing to pay

for the capacity;