Tuscarora Gas Transmission Company
Original Volume No. 1
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Effective Date: 09/01/2005, Docket: RP05-415-000, Status: Effective
Third Revised Sheet No. 68 Third Revised Sheet No. 68 : Effective
Superseding: Second Revised Sheet No. 68
GENERAL TERMS AND CONDITIONS
26.3 Approved Bidders.
(a) To qualify as an Approved Bidder, a party must have been accepted by
Transporter as satisfying the credit standards of Section 3 of these
General Terms and Conditions and must continue to satisfy the credit
standards of Section 3 when its bid is made and accepted. Transporter
shall process applications for credit approval with diligence. Names
of Approved Bidders shall be placed on a list that is posted on
Transporter's internet web site. Any previously listed Approved
Bidder that fails to continue to satisfy the standards of Section 3
shall be deleted from the list of Approved Bidders.
(b) The Transporter should not award capacity release offers to the
Shipper until and unless the Shipper meets the Transporter's
creditworthiness requirements applicable to all services that it
receives from the Transporter, including the service represented by
the capacity release.
26.4 Release Procedures.
(a) Notice by Releasing Shipper. A Releasing Shipper wanting to
release capacity shall notify Transporter electronically
(hereinafter called "Releasing Shipper's Notice"). Releasing
Shipper's Notice may include reasonable terms and conditions that
are objectively stated, applicable to all potential bidders, and
non-discriminatory, and shall include the following:
(1) Releasing Shipper's legal name, Transportation Service Agreement
number and rate schedule;
(2) whether the release is firm or recallable, including the
specifics of any recall right;
(3) the maximum and minimum quantities of firm daily capacity in
Dth/d that Releasing Shipper elects to release;
(4) the Primary Receipt Points and the Maximum Input Quantity
associated with each such point, and the Primary Delivery Points
and the Maximum Equivalent Quantity associated with each such
point;