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.