Paiute Pipeline Company

Second Revised Volume No. 1-A

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Effective Date: 02/25/2009, Docket: RP09-272-000, Status: Effective

Fifth Revised Sheet No. 113B Fifth Revised Sheet No. 113B

Superseding: Fourth Revised Sheet No. 113B

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

14. CAPACITY RELEASE (Continued)

 

14.4 Long-Term Releases (more than one year):

(Continued)

 

(b) Releases Subject to Bidding: For releases

(1) that are for a term of more than one year, and

(2) that are not exempt from the notification and

bidding requirements of this Section 14, or where

the Releasing Shipper does not want to use the

procedures of Section 14.4(a) above, the following

posting and notification procedures shall apply:

 

* Offers should be tendered by

12:00 p.m. (10:00 a.m. Pacific Clock Time) four

Business Days before award;

* open season ends no later than

1:00 p.m. (11:00 a.m. Pacific Clock Time) on

the Business Day before Timely Nominations are

due (open season is three Business Days);

* evaluation period begins at 1:00

p.m. (11:00 a.m. Pacific Clock Time) during

which contingency is eliminated, determination

of best bid is made, and ties are broken;

* evaluation period ends and award

posting if no match required at 2:00 p.m.

(12:00 p.m. Pacific Clock Time);

* match or award is communicated

by 2:00 p.m. (12:00 p.m. Pacific Clock Time);

* match response by 2:30 p.m.

(12:30 p.m. Pacific Clock Time);

* where match required, award

posting by 3:00 p.m. (1:00 p.m. Pacific Clock

Time);

* contract issued within one hour

of award posting (with a new contract number,

when applicable); nomination possible beginning

at the next available nomination cycle for the

effective date of the contract.

 

The above time periods represent the

latest deadlines for the actions described. A

Releasing Shipper may specify a longer open season

for bidding, so long as the above deadlines are not

exceeded.