Mogas Pipeline LLC (Fomerly Missouri Interstate Gas)
First Revised Volume No. 1
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Effective Date: 06/01/2008, Docket: CP06-407-002, Status: Effective
Original Sheet No. 78 Original Sheet No. 78 : Pending
GENERAL TERMS AND CONDITIONS
(Continued)
21. Capacity Release Program (continued)
(vi) For the capacity release business process
timing model set forth in Section 21.3(d), only the following
methodologies are supported by Transporter and provided to
Releasing Shippers as choices from which they may select and,
once chosen, should be used in determining the awards from the
bid(s) submitted. They are: 1) highest rate, 2) net revenue and
3) present value. Other choices of bid evaluation methodology
(including other releasing shipper defined evaluation
methodologies) can be accorded similar timeline evaluation
treatment at the discretion of Transporter. However, Transporter
is not required to offer other choices or similar timeline
treatment for other choices, nor is Transporter held to the
timeline should the releasing shipper elect another method of
evaluation.
(f) If the Releasing Shipper wishes to recall capacity
to be effective for a Gas Day, the notice should be provided to
Transporter and the acquiring shipper no later than 8 a.m.
Central Clock Time on nomination day; provided, however, the
Releasing Shipper may not effect a partial day recall of
capacity. Such notification will confirm that the conditions of
recall have been met and will be accompanied by the required
scheduling information. A Releasing Shipper may specify in the
Release Request whether the recalled capacity is to be reput to
the original Replacement Shipper and the terms of the reput.
These terms may be either: (i) reput must be accepted by the
original Replacement Shipper for the original terms of the
release, or (ii) reput may be accepted at the option of the
original Replacement Shipper for the original terms of the
release. The Releasing Shipper may effect a reput by notifying
Transporter and Replacement Shipper by 8:00 a.m. Central Clock
Time on the day of the nomination deadline on the day prior to
the effective date of the reput of entitlements to Replacement
Shipper.
(g) Notwithstanding anything herein to the contrary,
all Releasing Shippers that release capacity shall remain
responsible for payment of all reservation charges for released
transportation unless Transporter consents to a permanent release
after the Replacement Shipper submits all necessary information
for a new service request, satisfies all creditworthiness
requirements and the Releasing and Replacement Shippers execute
all necessary service agreements or amendments with Transporter.
Transporter and Shipper may, in connection with their agreement
to a Negotiated Rate under a firm transportation rate schedule,
agree upon Releasing Shipper payment obligations and crediting
mechanisms in the event of a capacity release that vary from or
are in addition to those set forth herein and in Subsection (i)
of this Section. The Releasing Shipper shall receive a
reservation charge credit equaling the reservation charge dollars
for which Transporter bills the Replacement Shipper. A
reservation rate for the purposes of this Section 21 consists of
(i) the base reservation rate, and (ii) all applicable
surcharges. Any discount from said rate comes first off the
surcharges and then off the base reservation rate; therefore a
Releasing Shipper paying a discounted rate is only entitled to
receive any revenues from the release of its capacity that exceed
the amount of the applicable surcharges.