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. 52 Original Sheet No. 52 : Effective
GENERAL TERMS AND CONDITIONS
8.3 Criteria of Release. A releasing Shipper may specify how bids for
released capacity are to be evaluated to determine the best offer. A Shipper
must notify Overthrust of the criteria by which volumetric bids are to be
evaluated. These criteria must be objectively stated, applicable to all
potential bidders and nondiscriminatory. Unless the offer to release is
withdrawn according to § 8.22, the releasing Shipper shall not be entitled to
reject a bid that meets its specified criteria.
8.4 Qualification for Participation in the Capacity Release Program.
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.
Notwithstanding Shipper's qualification to participate in Overthrust's
capacity release program, Overthrust does not guarantee to the releasing
Shipper that the replacement Shipper will pay for the contracted-for service.
8.5 Notice By Shipper Electing to Release Capacity. A releasing
Shipper must post a notice via Questline that it elects to release firm
capacity. The notice must state:
(a) The releasing Shipper's name, contract number and the name
and phone number of the individual responsible for authorizing the release of
capacity.
(b) The maximum and minimum RDC to be released stated in
Dth/day.
(c) The primary receipt and delivery points.
(d) Whether capacity will be released on a firm or recallable
basis. If on a recallable basis, the terms under which the capacity may be
recalled.
(e) Whether Shipper will accept contingent bids, the
contingencies acceptable to Shipper, the deadline by which all contingencies
must be met and whether Overthrust should award capacity to the next highest
bidder if contingencies are not met.
(f) The beginning and ending dates of the release.