Trunkline LNG Company, LLC
Second Revised Volume No. 1-A
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Effective Date: 02/23/2009, Docket: RP09-247-000, Status: Effective
Second Revised Sheet No. 94 Second Revised Sheet No. 94
Superseding: First Revised Sheet No. 94
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 TLNG 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 TLNG 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 15 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