Steuben Gas Storage Company

Original Volume No. 1

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Effective Date: 10/01/2002, Docket: RP02-429-001, Status: Effective

Substitute Third Revised Sheet No. 14 Substitute Third Revised Sheet No. 14 : Effective

Superseding: Second Revised Sheet No. 14

 

 

RATE SCHEDULE FS

FIRM STORAGE

(Continued)

 

 

(e) COMPETITIVE BIDDING PROCEDURE. Bids may be submitted by

potential Replacement Customers via the Internet Site during

the posting period. Seller shall post the terms of each

complete bid, but will not post the identity of the bidder.

Posted bids will be accessible via EDM. Seller will also

require all information set forth in Section 2 of the General

Terms and Conditions of this tariff. Potential Replacement

Customer bids for capacity release transactions for one year or

longer may not exceed the maximum rates as stated on sheet No.

5 of this Original Volume No. 1. Upon expiration of the offer,

Seller shall remove such offer of release from its Internet

Site.

 

Potential Replacement Customers may withdraw their posted bids

at any time during the bidding period via the Internet Site or

EDM. Potential Replacement Customers cannot withdraw bids after

the bidding period ends. Such potential Replacement Customers

may not post another bid for the same capacity lower than their

previous bid.

 

Seller will post offers and bids, including prearranged deals,

upon receipt. A Releasing Customer may request a later posting

time for posting of such offer, and Seller will support such

request insofar as it comports with the standard Capacity

Release timeline in Section 7.1(d).