Northwest Pipeline Corporation G P

Fourth Revised Volume No. 1

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Effective Date: 02/20/2009, Docket: RP09-227-000, Status: Effective

First Revised Sheet No. 263 First Revised Sheet No. 263

Superseding: Original Sheet No. 263

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

22.5 CAPACITY RELEASE AWARD PROCESS FOR BIDDABLE TRANSACTIONS (Continued)

 

capacity based on the economic value of each bid for each receipt

and delivery point combination, from highest economic value to

lowest economic value, with the process of awarding capacity to

Bidders continuing until all of the capacity has been awarded or

until all valid bids have been accepted. Transporter shall break

ties and determine the winning bid(s) in those situations by

holding a lottery using a computerized random number generator

unless the releasing Shipper specifies another non-discriminatory

method for determining the winning bid.

 

A Releasing Shipper may specify and post to Transporter's

Designated Site an objectively stated, nondiscriminatory standard

for Transporter to use in determining the best bid(s), including

the criteria to be used by Transporter in evaluating volumetric

bid(s) and, subject to Section 22.2(j), repackaged bids. If

Releasing Shipper provides insufficient criteria for Transporter

to use in evaluating volumetric rate bid(s), Transporter will

evaluate volumetric bids based on the rate which is bid, or, in

the case of services for which multiple bids are required, the sum

of such bids.

 

(b) At Releasing Shipper's request using reasonable, objective

criteria for repackaging, Transporter may repackage bids for the

same release to maximize the economic value of the released

capacity i.e., discrete bids for portions or segments of the

released capacity may be repackaged for evaluation; provided,

however that Transporter shall be under no obligation to repackage

bids if Transporter determines that such repackaging is not

administratively or operationally feasible.

 

22.6 CAPACITY RELEASE CREDIT REQUIREMENTS.

 

(a) A Replacement Shipper or Prearranged Replacement Shipper

must comply with Section 5.9 of the General Terms and Conditions

of this tariff. Such Shipper must submit a request for pre-

qualification for credit as a Shipper to Transporter in order to

submit a bid for capacity release service.