Midwestern Gas Transmission Company

Third Revised Volume No. 1

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Effective Date: 06/12/2005, Docket: RP05-341-000, Status: Effective

First Revised Sheet No. 261 First Revised Sheet No. 261 : Effective

Superseding: Original Sheet No. 261

 

GENERAL TERMS AND CONDITIONS

 

 

21. CAPACITY RELEASE (Continued)

 

21.11 Standard Capacity Release Timeline (Continued)

 

(b) For biddable capacity releases of one year or more:

 

(i) offers shall be tendered by 12:00 p.m. (CCT) four Business Days

before award;

(ii) open season ends no later than 1:00 p.m. (CCT) on the Business Day

before timely nominations are due (open season is three Business

Days);

(iii) evaluation period begins at 1:00 p.m. (CCT) during which

contingency is eliminated, determination of Best Bid is made, and

ties are broken;

(iv) evaluation period ends and awards are posted if no match required

at 2:00 p.m. (CCT);

(v) match or award is communicated by 2:00 p.m. (CCT);

(vi) match response by 2:30 p.m. (CCT);

(vii) where match required, award posting by 3:00 p.m. (CCT);

(viii) contract issued within one hour of award posting (with a new

contract number, when applicable); nomination possible beginning

at the next available nomination cycle for the effective date of

the contract.

 

(c) For non-biddable releases in the Timely Cycle:

 

(i) posting of prearranged deals not subject to bid are due by

10:30 a.m. (CCT):

 

(ii) contract issued within one hour of award posting (with a new

contract number, when applicable); nomination possible beginning at

the next available nomination cycle for the effective date of the

contract.

 

(d) For non-biddable releases in the Evening Cycle:

 

(i) posting of prearranged deals not subject to bid are due by

5:00 p.m. (CCT);

 

(ii) contract issue within one hour of award posting (with a new contract

number, when applicable); nomination possible beginning at the next

available nomination cycle for the effective date of the contract.

 

(e) Intra-day 1 Cycle

 

(i) posting of prearranged deals not subject to bid are due by

9:00 a.m. (CCT);

 

(ii) contract issued within one hour of award posting (with a new

contract number, when applicable); nomination possible beginning at

the next available nomination cycle for the effective date of the

contract.