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. 95 Second Revised Sheet No. 95

Superseding: First Revised Sheet No. 95

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

9. CAPACITY RELEASE (Continued)

 

(2) For biddable releases (more than 1 year)

 

The timeline is the same as biddable releases

for 1 year or less except that the Releasing

Shipper shall post the Shipper Notice on the

Messenger® system by 12:00 p.m. Central Time

four (4) Business Days before award. Open

season ends no later than 1:00 p.m. Central

Time on the Business Day before timely

nominations are due (open season is three

Business Days).

 

(3) Releases with Special Conditions

 

For the capacity release business process

timing model, only the following methodologies

are required to be supported by TLNG and

provided to releasing shippers as choices from

which they may select and, once chosen, be used

in determining the awards from the bid(s)

submitted. They are: 1) highest rate 2) net

revenue and 3) present value. Other choices of

bid evaluation methodology (including other

releasing shipper defined evaluation

methodologies) can be accorded similar timeline

evaluation treatment at the discretion of TLNG.

However, TLNG is not required to offer other

choices or similar timeline treatment for other

choices, nor, is TLNG held to the timeline

should the releasing shipper elect another

method of evaluation.

 

(C) All bids must be expressed in dollars and cents or

percents of Maximum Rate, whichever is stated in the

Shipper Notice, must include the required bid

information and must be received and posted on TLNG’s

Messenger® system with any contingencies identified

and with the bidder's identity deleted.