Viking Gas Transmission Company

First Revised Volume No. 1

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Effective Date: 07/01/2004, Docket: RP04-306-000, Status: Effective

Eighth Revised Sheet No. 78 Eighth Revised Sheet No. 78 : Effective

Superseding: Seventh Revised Sheet No. 78

 

GENERAL TERMS AND CONDITIONS

 

 

21. RELEASES OR ASSIGNMENTS OF FIRM TRANSPORTATION AGREEMENTS (Continued)

 

21.7 Applicable Deadlines (Continued)

 

(a) Releasing Shipper shall post the release on Company's System. Releases

shall remain posted for the following period:

 

(b) For biddable releases (less than 1 year) [5.3.2/v1.7]:

 

- Offers should be tendered by 12:00 p.m. on a Business Day;

 

- open season ends no later than 1:00 p.m. on a Business Day (evaluation

period begins at 1:00 p.m. 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 p.m.;

 

- match or award is communicated by 2:00 p.m.;

 

- match response by 2:30 p.m.;

 

- where match required, award posting by 3:00 p.m.;

 

- contract issued within one hour of award posting (with a new contract

number, when applicable); nomination possible beginning at the next

available nomination cycle for the effective date of the contract.

(Central Clock Time)

 

For biddable releases (1 year or more):

 

- Offers should be tendered by 12:00 p.m. four Business Days before

award;

 

- open season ends no later than 1:00 p.m. on the Business Day before

timely nominations are due (open season is three Business Days);

 

- evaluation period begins at 1:00 p.m. 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 p.m.;

 

- match or award is communicated by 2:00 p.m.;

 

- match response by 2:30 p.m.;