Wyckoff Gas Storage Company, LLC

Original Volume No. 1

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Effective Date: 12/31/9999, Docket: RP09- 444-000, Status: Accepted

Original Sheet No. 23 Original Sheet No. 23

 

(5) any applicable recall provisions relating to

the proposed release, and whether the Replacement Shipper will have

the option to refuse the capacity after recall has ended;

 

(6) any minimum conditions concerning the rate,

term, or volume that the Releasing Shipper is willing to accept (and

that the Releasing Shipper wishes to have posted on Transporter’s EBB),

or a statement that it has separately revealed to Transporter any such

minimum conditions, which shall be posted following the close of

bidding;

 

(7) whether Releasing Shipper will accept

contingent bids for the capacity being released and, if so, all terms

and conditions of acceptable contingencies including the manner in

which such contingent bids will be evaluated;

 

(8) the date and time of (i) the posting of the

Release Notice on Transporter’s EBB, and (ii) the close of the bidding

for the released capacity;

 

(9) whether the Releasing Shipper has prearranged

the release of the service to a specified Replacement Shipper; and, if

so, the identity, address, and telephone number of the designated

Replacement Shipper;

 

(10) objective criteria for evaluating responsive

bids by Potential Replacement Shippers and for breaking ties among

highest bidders, to the extent that the Releasing Shipper’s criteria

are at variance with the criteria established by Transporter in this

section;

 

(11) the name, telephone number, email address and

facsimile machine number of the Releasing Shipper’s designated contact

person;

 

(12) the rate basis on which bids for the released

capacity are to be submitted;

and

 

(13) where a prearranged release is to an asset

manager identified as exempt from the competitive bidding process, the

asset manager’s obligation to deliver gas to, or purchase gas from, the

Releasing Shipper; provided that, in order for the release to an asset

manager to not be subject to bidding, the release must contain a

condition that the Releasing Shipper may, on any day during a minimum

period of five (5) months out of each twelve (12) month period of the

release, call upon the asset manager to deliver to the Releasing

Shipper a volume of gas up to one hundred (100) percent of the daily

contract demand of the Releasing Shipper.

 

(c) Evaluation Criteria. Transporter shall evaluate bids

submitted for capacity offered for release based on the best bid first

utilizing the methodology chosen by the Releasing Shipper, including

(1) highest rate, (2) net revenue, (3) present value, or (4) other. The

Releasing Shipper, upon choosing “other”, must establish alternative,

nondiscriminatory criteria for evaluating bids. Should the Releasing

Shipper choose “other” as