Tuscarora Gas Transmission Company

Original Volume No. 1

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Effective Date: 01/20/2004, Docket: RP00-487-003, Status: Effective

Second Revised Sheet No. 69C Second Revised Sheet No. 69C : Effective

Superseding: Original Sheet No. 69C

 

 

 

GENERAL TERMS AND CONDITIONS

 

 

 

(3) Transportation Service Providers which support capacity release

should accept and process uploads of capacity release offers from

releasing shipper(s) (or its authorized third party service

provider), provided the offer is received by the Transportation

Service Provider at their designated site no later than 15 minutes

prior to the respective deadline specified in NAESB Standard No.

5.3.2. Such received offer, if determined to be valid, should be

posted as an Offer and should be available for bidding by the

posted-by deadline and start of bidding time specified (for the

received Business Day) in NAESB Standard No. 5.3.2 or the Releasing

Shipper's specified Business Day (if later than the received

Business Day).

 

(4) Transportation Service Providers which support capacity release

should accept and process uploads of capacity release bids from

potential acquiring shipper(s) (or its authorized third party

service provider), provided the bid is time-stamped as leaving

control of bidder no later than the respective deadline as

specified in NAESB Standard No. 5.3.2 and is received by the

Transportation Service Provider at their designated site no later

than fifteen minutes after such deadline. Such timely bid, if

determined to be valid, should be evaluated by the Transportation

Service Provider for the purpose of identifying the winning bidder

associated with the Offer upon which the bid was made.

 

(5) When a Transportation Service Provider receives an upload of an

offer or a bid in association with a deadline, it should process

such offer or bid (as applicable) and post valid offers or bids

(as applicable) for review within fifteen minutes, and in the event

such document is not valid, respond with the applicable

validation document to the applicable submitting party within

fifteen minutes. When a Transportation Service Provider receives

an upload of an offer or a bid not in association with a

deadline, it should process and post for review valid offer(s) or

bid(s) (as applicable) which are received prior to one quarter

hour period by the end of the next succeeding quarter hour

period; and in the event such document is not valid, respond with

the applicable validation document to the applicable submitting

party by the end of the next succeeding quarter hour period. The

quarter hour periods are on the hour, fifteen minutes after,

thirty minutes after and forty-five minutes after an hour.

 

The releasing shipper may request a later posting time for posting

of such offer insofar as such request comports with the standard

Capacity Release timeline specified in NAESB Standard No. 5.3.2.

 

 

TSP's nightly processing and routine maintenance occurring outside

of normal business hours are apt to interrupt the normal schedule

of applicable validation documents. Such delays should be kept to

a minimum. The normal schedule should be resumed at the earliest

opportunity and no later than the start of the next business day.