Transcontinental Gas Pipe Line Company, LLC
Fourth Revised Volume No. 1
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Effective Date: 02/22/2009, Docket: RP09-245-000, Status: Effective
First Revised Sheet No. 452 First Revised Sheet No. 452
Superseding: Original Sheet No. 452
GENERAL TERMS AND CONDITIONS
42. CAPACITY RELEASE (Continued)
42.4 Prearranged Releases Not Subject to Prior Notice (Continued)
(b) Seller shall post notice of the transaction via 1Line or electronic data
interchange in accordance with the provisions of Section 42.9. The notification
shall include the information set forth in Section 42.2(e).
(c) Any release pursuant to Section 42.4(a)(i) may not be rolled over, extended or in
any way continued to the same Replacement Shipper unless a period of at least
twenty-eight (28) days has elapsed since the end of the initial release. The 28-
day hiatus does not apply to any re-release to the same replacement shipper that
is posted for bidding or to capacity released under Section 42.4(a)(ii), (iii) or
42.5 Prearranged Releases Subject to Prior Notice
Prearranged Releases with a term greater than one year at rates lower than maximum
tariff rates, or with a term greater than 31 days and less than or equal to one year,
are subject to competitive bidding and must be posted for bidding pursuant to the
requirements of this Section 42.5, unless such release is to an asset manager or to a
marketer participating in a state-regulated retail access program pursuant to Section
284.8(h)(3) or Section 284.8(h)(4) of the Commission's Regulations. For each release
that is subject to competitive bidding, the Releasing Shipper shall notify Seller via
1Line or electronic data interchange of such release. Seller shall post the notice of
a prearranged offer for release on 1Line or through electronic data interchange. The
notification shall include the following information:
(a) The identity of the Releasing Shipper unless Releasing Shipper elects otherwise.
(b) The term of the release.
(c) All conditions of release objectively stated, including but not limited to any
(d) The Rate Schedule and specific quantity of capacity to be released and, if firm
transportation capacity, the associated points between which the capacity will be
(e) The prearranged and maximum reservation rates applicable to the capacity to be
released. For releases that become effective on or after July 30, 2008, the
maximum rate ceiling does not apply to such releases provided the release is for
a term of one year or less and the release is to take effect on or before one
year from the date on which the pipeline is notified of the release.
(f) The start and end dates for the posting period for competitive bids.
(g) The criteria for selecting the best bid.
(h) The date and time of the offer posting.
(i) Length of time for a prearranged Shipper to match the terms and conditions of the