Vector Pipeline L.P.
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 06/01/2005, Docket: RP05-295-000, Status: Effective
Fifth Revised Sheet No. 150 Fifth Revised Sheet No. 150 : Effective
Superseding: Substitute Fourth Revised Sheet No. 150
volumetric releases only applies to the reservation portion
of the rate. The Replacement Shipper will also be liable for
all applicable usage charges. The maximum rates for all
other releases shall be the applicable maximum reservation
rate and commodity rate, as well as all other applicable
rates, charges and surcharges set forth in this Tariff
notwithstanding any discount to such rates, charges or
surcharges then in effect for the Releasor.
(d) Any increase in Transporter's rates, charges and surcharges
shall remain the responsibility of the Releasor; provided,
however, that the Releasor may provide in its Release
Request for the rates, charges or surcharges for released
transportation rights to increase in accordance with any
such increases in Transporter's rates, charges and
surcharges. In either circumstance, any refunds of any
rates or charges ordered by FERC shall be paid by
Transporter to the Releasor for distribution by the Releasor
to the Replacement Shipper in the manner specified in the
release request and incorporated in the Released
Transportation Agreement.
(e) Unless affirmatively accepted by Releasing Shipper as part
of the conditions of release, Replacement Shipper shall be
solely liable to Transporter for: (i) all usage charges and
surcharges, (ii) all incremental reservation charges, where
applicable, attributable to Replacement Shipper's election
to utilize alternate receipt or delivery points, change
primary receipt or delivery points, or segment released
capacity.
9. Applicable Deadlines
Pursuant to NAESB Standards 5.3.1 and 5.3.2, the capacity release
timeline is applicable to all parties involved in the capacity
release process; however, it is only applicable if 1) all
information provided by the parties to the transaction is valid
and the Replacement Shipper has been determined to be creditworthy
before the capacity release bid is tendered, and 2) there are no
special terms or conditions of the release.
(a) For biddable releases (less than 1 year):
- offers should be tendered by 12:00 pm on a Business
Day;
- open season ends no later than 1:00 pm on a Business
Day (evaluation period begins at 1:00 pm during which
contingency is eliminated, determination of best bid
is made, and ties are broken);
- evaluation period ends and award posting if no match
required at 2:00 pm;
- match or award is communicated by 2:00 pm;
- match response by 2:30 pm;
- where match required, award posting by 3:00 pm;