Transcontinental Gas Pipe Line Company, LLC

Fourth Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

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

(Continued)

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

(iv).

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

recall conditions.

(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

released.

(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

"best bid".