Viking Gas Transmission Company
First Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 07/01/2004, Docket: RP04-306-000, Status: Effective
Fourth Revised Sheet No. 86A Fourth Revised Sheet No. 86A : Effective
Superseding: Third Revised Sheet No. 86A
GENERAL TERMS AND CONDITIONS
23. EXTENSION OF LONG TERM FIRM TRANSPORTATION AGREEMENTS (Continued)
(c) Within five days after the close of the Bidding Period, Company shall
notify Shipper of the bid having the highest present value to Company
("Highest Bid"). Shipper shall have 15 days after receiving notice of the
Highest Bid to notify Company as to whether it will match the Highest Bid;
and provided further that Shipper shall not have to match any bid rate
higher than the maximum applicable rate. If the Shipper elects to match
the Highest Bid, it must execute a new Transportation Agreement that
contains the terms of the Highest Bid.
(d) This Section is subject to the provisions of Section 22 regarding the
reservation of capacity for expansion projects.
23.2 Company shall not be obligated and it shall be within Company's sole discretion
to tender, execute or continue a Firm Transportation Agreement at any rate less
than the applicable Maximum Rate for the service requested. Company and
Shipper must agree to any rate requested at less than the applicable Maximum
Rate before Company becomes obligated to tender, execute or continue a Firm
Transportation Agreement for service at any rate less than the applicable
23.3 In the event that a Shipper exercises its right-of-first refusal so as to
retain capacity for a period of less than a year, Shipper shall have no further
rights-of first refusal with respect to the subject capacity.
23.4 If Company receives no acceptable bids on the capacity, then Shipper may
continue to receive service at the Maximum Rate for the term elected by Shipper
or such other rate and/or term as agreed to by Company.