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

become effective.

 

(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

all bids.

 

(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.