UGI LNG, Inc
Original Volume No. 1
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Effective Date: 06/01/2009, Docket: RP09-365-000, Status: Effective
Original Sheet No. 56 Original Sheet No. 56
(k) Any tie-breaking methodologies.
If the Best Bid is superior to the initial prearranged agreement,
then Company shall contact the prearranged Replacement Customer
and the prearranged Replacement Customer shall have the option to
match the terms and conditions of the Best Bid in accordance with
Section 18.5(i) above and thereby be awarded such capacity. The
minimum length of time within which a prearranged Customer may
match the Best Bid is one half hour after evaluation period ends
in accordance with Section 18.9. The terms of the winning bid
shall be posted by Company in accordance with Section 18.11(c).
18.6 Releases Subject to Prior Notice and Competitive Bidding
Releases that are not prearranged are subject to prior notice
and competitive bidding. Company shall post the notice of release on
its EBB. The notification shall include the following information:
(a) The identity of the Releasing Customer unless Releasing
Customer elects otherwise.
(b) The term of the release.
(c) The existence of any conditions of release, objectively
stated, including, but not limited to, any recall and whether
minimum term, rate, or volume conditions apply. Any minimum
term, rate, or volume conditions will be posted at the option of the
(d) The rate schedule and specific quantity of capacity to be released.
(e) The maximum daily demand charge per Dt/d of vaporization
quantity entitlement applicable to the capacity to be released.
(f) The start and end dates for the bidding period.
(g) The objective criteria for selecting the best bid.
(h) The date and time of the offer posting.
(i) Whether Contingent Bids are permitted and, if so, the length of
time during which the contingent bidder(s) will be allowed to
accept or decline the capacity without condition.
(j) Any tie-breaking methodologies.