Viking Gas Transmission Company
First Revised Volume No. 1
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Effective Date: 11/01/2003, Docket: RP03-630-000, Status: Effective
Second Revised Sheet No. 38B Second Revised Sheet No. 38B : Effective
Superseding: First Revised Sheet No. 38B
RATE SCHEDULE PAL
PARK AND LOAN SERVICES
2. APPLICABILITY AND CHARACTER OF SERVICE (Continued)
2.2 Park and Loan (PAL) Service Options
2.2.1 Buyer Nominated Parking/Lending (NPL)
Buyer Nominated Parking/Lending (NPL) is a service option that allows a
Buyer to nominate and link supplemental PAL service to nominated
transportation service on Company's system in each of the supported
nomination and scheduling cycles.
2.2.2 Buyer Requested Term Parking/Lending (RPL)
Buyer Requested Term Parking/Lending (RPL) is a service option that
allows a Buyer to request parking and/or lending service from Company for
a mutually agreed to term.
Requests for RPL service shall be considered if Buyer has completed and
submitted a proposed Amendment to Exhibit A of an effective PAL Agreement
reflecting the selection of RPL service for a specific time period.
If Company accepts Buyer's request for RPL service, Company shall execute
Buyer's Exhibit A amendment to its PAL Agreement.
2.2.3 Company Offered Parking/Lending (OPL)
Company Offered Parking/Lending (OPL) is a service option that allows
Company to offer parking and/or lending service to potential Buyers for a
mutually agreed to term.
Company shall post all OPL offers, detailing the specific terms and
conditions of each OPL offer, as well as provide electronic notification
of such offers.
Bids for OPL service shall be considered only if Buyer has completed and
submitted to Company an amendment to Exhibit A of its PAL Agreement
reflecting the selection of OPL service.
For the purposes of determining the Best Bid(s) for a posted Company
Offered Parking/Lending Service, Company will award service on basis of
highest rate bid. In the event there is more than one Best Bid, Company
will allocate service on a pro-rata basis.
Company shall execute Exhibit A to a PAL Agreement(s) for the winning
In the event that the receipt and delivery points differ under a specific
OPL transaction, then a separately stated amount for transportation shall
be included in the bid. Such transportation amount shall not be priced
at less than the Minimum Commodity Rate pursuant to Rate Schedule IT-1.