Midwestern Gas Transmission Company

Third Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 05/12/2006, Docket: RP06-304-000, Status: Effective

First Revised Sheet No. 270.03 First Revised Sheet No. 270.03 : Effective

Superseding: Original Sheet No. 270.03

 

GENERAL TERMS AND CONDITIONS

 

 

25. REQUESTS FOR SERVICE (Continued)

 

25.5 Creditworthiness Notices (Continued)

 

25.5.3 Designating Notice Representatives

 

Company's and Customer's authorized creditworthiness representative(s)

for Internet E-mail notifications, responses and requests as described

in this Section 25 shall be established by initiating a request as

prescribed on Company's Customer Activity site.

 

In complying with the creditworthiness-related notifications pursuant

to this Section 25 and Section 6 of the General Terms and Conditions of

Company's FERC Gas Tariff, Shipper and Company may mutually agree to

other forms of communication in lieu of Internet E-mail notification.

[0.3.10/v1.7]

 

25.6 Solicitation of Bids for Capacity

 

(a) Company shall (1) post notices for solicitation of Bids on a first-come,

first-served basis, for available capacity for service to start

immediately or in the future, or (2) post notice of an open season for its

available capacity, or (3) post notice of an open season for expansion

projects including requests for incremental service at a date later than

the in-service date of the expansion facilities.

 

Regarding (2) and (3), the open season notice will be posted for a period

of no less than three Business Days for available capacity and no less

than 20 Business Days for expansion projects on Company's system and will

include the following information:

 

(i) the location of the capacity or proposed expansion;

 

(ii) the total quantity, if applicable;

 

(iii) the date capacity is available or proposed to be available; and

 

(v) Bid evaluation methodology, if applicable.

 

(b) Regarding (2) and (3), if an open season notice includes service to start

at some time in the future, the Bid methodology will include a net present

value analysis and the notice will be posted at least three Business Days

prior to bidding. In addition, Company will post whether Bids have been

received and show the full net present value (NPV) analysis for the

highest Bid received, the Shippers' Bids, and provide the actual

calculation of the NPV. Company will award the capacity based upon the

highest net present value. In the event of equal Bids on the basis of a

NPV calculation, capacity will be awarded on a pro rata basis. Shipper

shall be required to indicate in its Bid whether it is willing to accept a

lesser quantity in the event such capacity is awarded on a pro rata basis

due to equal Bids.

 

(c) Regarding (2), if no acceptable Bids are received during an open season,

Company will post the capacity on its system in order that it may be

awarded on a first-come, first-served basis at a mutually agreed upon

rate. Shippers must submit a request for such capacity by electronic mail

and/or facsimile to Company's Marketing Department. The time stamp on the

communication will be used to determine the sequence of Bids.