Vector Pipeline L.P.

Original Volume No. 1

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Effective Date: 12/01/2000, Docket: CP98-133-005, Status: Effective

Original Sheet No. 146 Original Sheet No. 146 : Effective

 

(2) In order to break ties, identify all Bids which, alone or

in combination with other Bids, can create the Winning Bid

Value. Rank order these Bids in order of their Unit Bid

Value from highest to lowest. Allocate the Capacity

Release Request capacity first to the Maximum Bid Volume

of each Bid with the highest Unit Bid Value; allocate any

remainder to the Maximum Bid Volume of each Bid with the

next highest Unit Bid Value; and so forth. If, at any

step, the available Capacity Release Request capacity is

less than the combined Maximum Bid Volumes of Bids with

equal Unit Bid Values, the Capacity Release Request

capacity shall be allocated on a pro rata basis to each

Bid based on its Maximum Bid Volume.

 

To the extent such a pro rata allocation would result in a capacity

allocation to one or more Bid(s) below its Minimum Bid Volume, then

such below-minimum Bids shall be discarded in their entirety and the

Capacity Release Request capacity shall instead be allocated on a pro

rata basis (based on the Maximum Bid Volume of each Bid) among the

remaining Qualified Bid(s).

 

(3) In the event the previous pro rata allocation procedure

does not result in a single winning combination of Bid(s)

with the Winning Bid Value, then this procedure shall be

disregarded and the winning Bid(s) shall be determined in

the following manner:

 

(I) Identify the highest individual Maximum Bid Volume

for a Bid which, alone or in combination with other

Bid(s), can create the Winning Bid Value. Discard

all Bid combinations which do not contain a Bid with

such highest Maximum Bid Volume. Identify the

highest volume which can be allocated to such Bid

with such highest Maximum Bid Volume in the

remaining combinations and still have the Winning

Bid Value. Discard all combinations of Bid(s) which

do not contain the highest such volume allocation.

If this does not break the tie, then repeat the

above procedure looking to the next highest Maximum

Bid Volume, with the highest volume allocated

thereto, within each remaining combination of Bid(s)

with a Winning Bid Value; and so forth, until the

tie is broken or all Bids in the remaining

combinations are reviewed.