Southern Natural Gas Company

Seventh Revised Volume No. 1

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Effective Date: 07/30/2008, Docket: RP09-288-000, Status: Effective

Tenth Revised Sheet No. 177 Tenth Revised Sheet No. 177

Superseding: Ninth Revised Sheet No. 177

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

Section 22.6(c)(14)

 

(14) whether contingent bids may be submitted and the deadline for removing any such

contingencies;

 

(15) pursuant to the provisions of Section 22.6(a) hereof, any

extensions in the deadlines established in said Section 22.6(a);

 

(16) the economic criteria to be utilized by COMPANY in

determining the "best bid" (said criteria to be objectively stated,

applicable to all bidders and nondiscriminatory);

 

(17) a nondiscriminatory tie breaker to be utilized in determining

the "best bid" in the event two or more bids generate equal

revenues.

 

(18) whether or not the RELEASING SHIPPER will reput the capacity to

the Acquiring Shipper at the end of its recall of the capacity;

 

(19) whether the capacity to be released will be available at the start

of the gas day or on an intraday basis once the release has been

awarded pursuant to the deadlines established in Appendix H, attached

hereto;

 

(20) whether the release is segmentable on an intrazone basis;

 

(21) for a permanent release, whether the RELEASING SHIPPER is willing to pay the

potential ACQUIRING SHIPPER consideration for the release and if so, the form of

acceptable consideration and any limits on the amount of acceptable

consideration. Payment and collection of such consideration shall be handled

directly between the RELEASING SHIPPER and ACQUIRING SHIPPER, and both parties

agree that COMPANY is not responsible for collecting or paying such additional

consideration;

 

(22) the hourly flow rate entitlement for each Delivery Point;

 

(23) whether the proposed release is to an asset manager as part of an asset

management arrangement as defined in Section 284.8(h)(3) of the Commission's

regulations, and the volumetric level of the asset manager's delivery or purchase

obligation and the time period during which that obligation is in effect under

the asset management arrangement; and

 

(24) whether the proposed release is to a marketer participating in a state-regulated

retail access program as defined in Section 284.8(h)(4) of the Commission's

regulations.

 

The following information shall be supplied by COMPANY with each Offer:

 

(i) the reservation charge (and reservation surcharges) applicable to the

capacity being released,

(ii) the reservation charge (and reservation surcharges) converted to a 100%

load-factor volumetric rate if the Offer requires bids on a volumetric

rate basis,

(iii) the date and time the Offer was posted on SoNet, and

(iv) the date and time the bid period ends.

 

(d) Prearranged Bidders: A RELEASING SHIPPER must identify in its

Offer any "Prearranged Bid" to be made on the firm capacity offered

for release. However, the "Prearranged Bidder" must also meet all of

the requirements established for bidders pursuant to Section 22.6(e)-

(g) below. A Prearranged Bidder must also submit its bid in accor-

dance with Section 22.6(f) below. For bids on Offers in which the

Prearranged Bidder tenders a bid for the