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.