Ozark Gas Transmission, L. L. C.
First Revised Volume No. 1
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Effective Date: 11/16/2009, Docket: RP09-1040-000, Status: Effective
First Revised Sheet No. 137 First Revised Sheet No. 137
Superseding: Original Sheet No. 137
GENERAL TERMS AND CONDITIONS (continued)
14.3 Transporter will select the best bid(s) by the applicable time set
forth in the Capacity Release Timeline in Section 14.1(b)
according to the best bid methodology selected by the Releasing
Shipper. In the event the Releasing Shipper identifies a
Prearranged Shipper for a capacity release with a term greater
than one year, and the Prearranged Shipper agrees to pay the
applicable maximum rate for releases to which a maximum rate
ceiling applies, and agrees to comply with all the conditions of
the release, the notice and bidding procedures of this Section
shall not apply and Transporter will award the capacity to the
Prearranged Shipper. If the Prearranged Shipper has not so
agreed, and if the best bid(s) exceed(s) the bid agreed upon by
the Prearranged Shipper, Transporter will notify the Prearranged
Shipper by the applicable time set forth in the Capacity Release
Timeline that it must notify Transporter that it intends to match
the best bid(s) by the applicable time set forth in the Capacity
Release Timeline. If the Prearranged Shipper provides such timely
notice, Transporter shall tender to the Prearranged Shipper an
addendum to the Capacity Release Umbrella Agreement, a Form of
Service Agreement of which is contained in this FERC Gas Tariff,
that sets forth the details of the capacity release transaction.
If the Prearranged Shipper does not provide such timely notice,
Transporter will award the capacity to the bidder(s) who submitted
the best bid(s), best bid first, until all offered capacity is
awarded, and shall tender an addendum to the Capacity Release
Umbrella Agreement to each bidder to whom capacity has been
awarded. Bids and offers will be binding until written or
electronic notice of withdrawal is received.