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. 148 First Revised Sheet No. 148
Superseding: Original Sheet No. 148
GENERAL TERMS AND CONDITIONS (continued)
(b) Transporter shall have the option to establish a minimum
acceptable rate (not to exceed the maximum applicable rate)
for any capacity posted for bidding under the ROFR process
before such capacity is posted. Transporter shall not be
required to disclose the minimum rate at the time of
posting, but a record of such rate must be maintained for a
period of three (3) years for audit purposes.
(c) Replacement Shippers who desire service to be provided by
the capacity posted pursuant to Section 15.3 must submit
bids for such capacity as described in the applicable
posting no later than sixty (60) Days after Transporter
posts an applicable notice pursuant to Section 15.3; such
bids must be submitted online via the LINK® System. To be a
valid bid, the Replacement Shipper must provide all
information and data required by Sections 18.2 and 30 of
these General Terms and Conditions.
(d) Transporter may reject all bids which would require
Transporter to discount below a rate and for discount period
not agreeable to Transporter. In the event Transporter
agrees to accept a rate that is less than the applicable
maximum tariff rate, Shipper must submit a discount request
online via the LINK® System and Transporter must approve
such request pursuant to the provisions of Section 33 of
these General Terms and Conditions in order for such rate to
(e) At the close of the bidding period, Transporter shall review
all bids from Replacement Shippers received pursuant to
Section 15.3(c), which have not been rejected by
Transporter, to determine which bid is the "best bid(s)".
For purposes of this Section 15.3(e), the "best bid(s)"
shall be the bid(s) which yields to Transporter the highest
net present value. Net present value shall be calculated on
the basis of the present value of the Reservation Charge per
unit to Transporter except that under a Negotiated Rate
agreement with a minimum quantity, the net present value
evaluation shall also include the fixed cost component of
the usage revenue at the minimum quantity. In making the
determination of net present value Transporter shall apply
the rate, as of the date of the review, stated in accordance
with Section 154.501(d) of the Commission's regulations, to
(f) Within five (5) Business Days following the close of the
bidding period, Transporter shall notify Shipper whether any
bidder has bid a higher value for the capacity.