Questar Overthrust Pipeline Company

Second Revised Volume No. 1-A

 Contents / Previous / Next / Main Tariff Index

 

 

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.