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Original Sheet No.102 Original Sheet No.102 : Superseded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