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