Gas Transmission Northwest Corp.
Third Revised Volume No. 1-A
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Effective Date: 10/06/2003, Docket: RP04- 23-000, Status: Effective
Original Sheet No. 183 Original Sheet No. 183 : Effective
TRANSPORTATION GENERAL TERMS AND CONDITIONS
(Continued)
28. CAPACITY RELEASE (Continued)
28.6 Bidding for a Parcel
(a) Preliminary Qualification
Replacement Shippers are encouraged to pre-qualify in
advance of any postings on GTN's EBB as credit
requirements will take differing amounts of time to
process depending on the particular financial profile
of Replacement Shippers. The pre-qualification process
will authorize a pre-set maximum monthly financial
exposure level for the Replacement Shipper. Such
exposure levels may be adjusted by GTN
periodically re-evaluating a Replacement Shipper's
credit-worthiness.
Releasing Shippers may exercise their option to waive
the credit requirements for any Replacement Shipper
wishing to bid on a Parcel posted by that Releasing
Shipper. Such waiver must be made on a nondiscriminatory
basis. GTN must be informed of such waiver via
the EBB before it will authorize such Replacement
Shipper's participation with respect to that particular
Parcel. In this instance, no pre-set maximum monthly
financial exposure level is applicable.
Should a Releasing Shipper waive the credit requirements
for a Replacement Shipper, the Releasing Shipper shall
be liable for all charges incurred by the Replacement
Shipper in the event such Replacement Shipper defaults
on payment to GTN for such capacity release
service.
(Continued)