Ozark Gas Transmission, L. L. C.

Original Volume No. 1

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Effective Date: 10/01/2002, Docket: RP02-481-000, Status: Effective

Third Revised Sheet No. 85 Third Revised Sheet No. 85 : Effective

Superseding: Second Revised Sheet No. 85

GENERAL TERMS AND CONDITIONS (continued)

 

14.1 must notify Transporter, in writing or via telecopy in the

form provided in Section 14.11, or via EDI, of the following:

(a) the Releasing Shipper's name; (b) the Releasing Shipper's

Service Agreement under which capacity is being released; (c)

the maximum and minimum quantity per Day to be released; (d)

the term of the release specifying the Month, Day and Year such

release is to begin and the Month, Day and Year such release is

to end; (e) the minimum rate the Releasing Shipper is willing

to accept, provided, however, a Releasing Shipper shall not be

obligated to specify a minimum rate; (f) the Point(s) of

Receipt and Delivery; (g) whether the release is subject to a

right of recall or reput and the specific terms and conditions

of the recall and reput, provided, however, such terms and

conditions shall not be inconsistent with Transporter's FERC

Gas Tariff; (h) the methodology ((1) highest rate, 2) net

revenue or 3) present value) to be used by Transporter in

selecting the best bid; (i) the Designated Replacement Shipper,

if any; (j) whether the Releasing Shipper is willing to accept

bids on a demand charge or volumetric basis, or a volumetric

basis with a minimum volumetric commitment; (k) whether bids

must be in dollars and cents or percentage of maximum rate; and

(l) other terms and conditions, if any.

 

(a) The following "Capacity Release Timeline" shall apply

to all capacity releases:

 

For biddable releases (less than 1 year):

- 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)