Midwestern Gas Transmission Company

Third Revised Volume No. 1

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Effective Date: 02/01/2009, Docket: RP09-280-000, Status: Effective

Third Revised Sheet No. 255 Third Revised Sheet No. 255

Superseding: Substitute Second Revised Sheet No. 255

 

GENERAL TERMS AND CONDITIONS

 

 

21. CAPACITY RELEASE (Continued)

 

21.4 Prearranged Releases Permitted Without Competitive Bidding (Continued)

 

(b) A Releasing Shipper that releases capacity for any period of 31 days

or less pursuant to Subsection 21.4(a)(iv) may not rollover, renew, or

otherwise continue the original capacity release to the same Replacement

Shipper until twenty-eight (28) days after the original release period has

expired, unless:

 

(i) for the re-release to the same Replacement Shipper, the Releasing Shipper

follows the prior posting and bidding procedures set forth in Subsection

21.5 of these General Terms and Conditions; or

 

(ii) the re-release to the same Replacement Shipper qualifies for any of the

other exemptions from competitive bidding under Subsections 21.4(a)(i),

(ii), and (iii).

 

 

 

21.5 Prearranged Releases Subject to Competitive Bidding

 

Prearranged Releases with a term greater than thirty-one (31) days but less

than one year are subject to prior posting and competitive bidding. ("Non-

Exempt Prearranged Bidder")

 

(a) Releasing Shipper shall submit to Company all applicable information

required by Subsection 21.2 and be subject to the bidding process required

by Subsection 21.10 of these General Terms and Conditions on the System.

The System will automatically assign an individual offer number to such

capacity release offer. The period of time for posting of the information

("Posting Period"), and the period of time during which Bids will be

received on such capacity release offer ("Bidding Period"), shall be as

set forth in Subsection 21.11 of these General Terms and Conditions unless

otherwise specified in the capacity release offer. The Bidding Period

shall be enclosed within the Posting Period.

 

(b) Releasing Shipper may withdraw its capacity release offer, by written or

electronic notice of withdrawal, up to the close of the applicable Bidding

Period where unanticipated circumstances justify such withdrawal and no

qualified Bid has been submitted.

 

21.6 Non-Prearranged Releases Subject to Competitive Bidding

 

Releases that are not prearranged are subject to prior posting and competitive

bidding.

 

(a) Releasing Shipper shall submit to Company all applicable information

required by Subsection 21.2 and be subject to the bidding process required

by Subsection 21.10 of these General Terms and Conditions on the System.

The System will automatically assign an individual offer number to such

capacity release offer. The period of time for posting of the information

("Posting Period"), and the period of time during which Bids will be

received on such capacity release offer ("Bidding Period"), shall be as

set forth in Subsection 21.11 of these General Terms and Conditions unless

otherwise specified in the capacity release offer. The Bidding Period

shall be enclosed within the Posting Period.

 

(b) Releasing Shipper may withdraw its capacity release offer, by written or

electronic notice of withdrawal, up to the close of the applicable Bidding

Period where unanticipated circumstances justify such withdrawal and no

qualified Bid has been submitted.