Gas Transmission Northwest Corp.
Third Revised Volume No. 1-A
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Effective Date: 09/03/2004, Docket: RP04-440-000, Status: Effective
First Revised Sheet No. 184 First Revised Sheet No. 184 : Effective
Superseding: Original Sheet No. 184
TRANSPORTATION GENERAL TERMS AND CONDITIONS
28. CAPACITY RELEASE (Continued)
28.6 Bidding for a Parcel (Continued)
(a) Preliminary Qualification (Continued)
Any potential Replacement Shipper may submit a bid for
parcels posted for release. GTN will determine the
highest valued bid, based on the bid evaluation method
selected by the Releasing Shipper, and verify that the
Shipper placing the bid meets GTN's credit
requirements before awarding the parcel. Upon notification
by GTN of an award of a Parcel, GTN shall
complete a new FTS-1 or LFS-1 contract with the particulars
of the awarded Parcel and Replacement Shipper shall execute
this new contract electronically through the use of an
authorization code procedure on the EBB.
Once a Replacement Shipper has acquired capacity, authority
is granted to the Replacement Shipper to release that
capacity, unless the Releasing Shipper has specified that
the Parcel cannot be re-released.
The execution of the FTS-1 or LFS-1 service agreement will
constitute an obligation on the part of the Replacement
Shipper to be bound by the terms and conditions of GTN's
capacity release program as set forth in these
Transportation General Terms and Conditions.
(b) Submitting a Bid
All bids must be submitted through the use of GTN's
EBB. Such bids shall be "open" for all participants to
review. The particulars of all bids will be available for
review but not the identity of bidders. GTN will
post the identity of the winning bidder(s) only.
A Replacement Shipper cannot request that its bid be
"closed", nor can a Releasing Shipper specify that "closed"
bids be submitted on its releases. A Replacement Shipper
may submit only one bid per Parcel posted at any one point
in time. Bids received after the close of the Bid Period
shall be invalid. The Replacement Shipper may bid for no
more than the quantity of the Parcel posted by the
Releasing Shipper. Simultaneous bids for more than one
Parcel are permitted.