Questar Overthrust Pipeline Company
Second Revised Volume No. 1-A
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Effective Date: 04/25/2007, Docket: RP07-360-000, Status: Effective
Original Sheet No. 45 Original Sheet No. 45 : Effective
GENERAL TERMS AND CONDITIONS
(a) RDC stated in Dth/day.
(b) The receipt and delivery points.
(c) The beginning and ending dates of the service.
(d) The minimum acceptable service term.
(e) The minimum rate Overthrust is willing to accept.
(f) Any other conditions applicable to the acceptance of the
service.
7.2 Bidding for Capacity. A Shipper desiring to obtain the firm
capacity from Overthrust must submit a bid for the service according to the
procedures outlined in this section.
7.3 Qualifications for Bidding. Any party wishing to become a bidding
Shipper must prequalify by satisfying the creditworthiness provisions and
Questline access and signatory requirements of this tariff prior to
submitting a bid for capacity.
7.4 Bid Period. Overthrust's bid period for firm capacity will begin
on the day available capacity is posted on Questline and will be administered
as described below (Central Clock Times):
(a) The initial bid period will be held from 9:00 a.m. on the
day available capacity is posted on Questline until 1:00 p.m. on the eighth
business day prior to the end of the month. Shippers desiring to submit a
bid for service must do so prior to 1:00 p.m. on the eighth business day
prior to the end of the month. The rate, term and present value of each bid
received during the initial bid period will be shown on Questline as
received. However, the identity of the bidding Shipper shall be kept
confidential.
(b) If no competing bids are received for the same available
capacity on Overthrust' system, the board will close at 1:00 p.m. If
competing bids are received, Overthrust will post notification of the
competing bids on Questline on or before 2:00 p.m. Shippers who submitted
competing bids will have an opportunity, beginning at 2:00 p.m., to post an
updated bid that equals or exceeds the highest competing bid, as calculated
according to § 7.7. If no bids are received within the first hour, bidding
will close at 3:00 p.m. Otherwise, bidding will continue until there has
been no bidding activity for 30 minutes or until 4:00 p.m., whichever occurs
first.