Scg Pipeline Inc.

Original Volume No. 1

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Effective Date: 11/01/2003, Docket: RP03-611-000, Status: Effective

Original Sheet No.102 Original Sheet No.102 : Superseded

 

 

GENERAL TERMS AND CONDITIONS

(continued)

 

 

11.3 Posting Requirements and Bid Periods. The Capacity Release timeline is

applicable to all parties involved in the Capacity Release process; however,

it is only applicable if (1) all information provided by the parties to the

transaction is valid and the Replacement Shipper has been determined to be

creditworthy before the capacity release bid is tendered and (2) there are no

special terms or conditions of the release. Any capacity release transaction,

including a prearranged offer, for longer than 31 days must be posted for

bidding pursuant to the requirements in this Section 11.3. A capacity release

transaction for 31 days or less may be posted for bidding pursuant to the

requirements in this Section 11.3. Any Releasing Shipper's completed Notice

will be posted on the Pipeline's Internet Web Site and by electronic data

interchange until the expiration of the Bid Period, except for those Releasing

Shippers’ Notices for capacity release of thirty-one (31) Days or less for

which the Releasing Shipper has obtained a Prearranged Shipper and the

Releasing Shipper elects not to post such proposed capacity release for

bidding pursuant to Section 11.3.If Shipper elects to post a prearranged deal

for 31 days of less, the information must be posted not later than forty-eight

(48) hours after the finalization of all contractual arrangements. All terms

and conditions of completed capacity release transactions will be posted on

the Pipeline's Internet Web Site, including the names of the Releasing

Shippers involved in the capacity release transaction.

 

(a) Capacity Releases Subject to Bidding. The proposed duration of the

Shipper's release determines the minimum Bid Period for the Releasing

Shipper's Notice pursuant to this Section 11. These Bid Periods are as

follows: