Trunkline Gas Company, LLC
Third Revised Volume No. 1
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Effective Date: 02/23/2009, Docket: RP09-250-000, Status: Effective
Second Revised Sheet No. 257 Second Revised Sheet No. 257
Superseding: First Revised Sheet No. 257
GENERAL TERMS AND CONDITIONS
(Continued)
9. CAPACITY RELEASE (Continued)
9.4 Bidding Process
(A) In order to submit a valid bid under this capacity release
program, any party, including a PRS, must be on the approved
bidders list. To be on the approved bidders list, a party
must meet the provisions of Section 2 herein and have
executed a capacity release service agreement with Trunkline
in the form as set forth in this Tariff (Capacity Release
Service Agreement). A party shall remain on the approved
bidders list until such party notifies Trunkline to the
contrary, no longer meets the credit qualifications in
Section 2.3 herein, or is suspended from the approved bidders
list in the event and for such time as such party fails to
pay part or all of the amount of any bill for service in
accordance with Section 16 herein.
(B) The capacity release timeline in Central Time is applicable
to all parties involved in the Capacity Release process;
however, it is only applicable if 1) all information provided
by the parties to the transaction is valid and 2) there are
no special terms or conditions of the release.
(1) For biddable releases (1 year or less)
On a Business Day
12:00 p.m. Time by which Releasing Shipper shall post
the Shipper Notice on the Messenger® system
1:00 p.m. Bidding period ends
Evaluation period begins during which
contingency is eliminated, determination of
best bid is made and ties are broken
2:00 p.m. Evaluation period ends and award
posting if no match required
Match or award is communicated
2:30 p.m. Match response is due
3:00 p.m. Award posting where match is required