Canyon Creek Compression Company

Third Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 10/01/2002, Docket: RP02-418-000, Status: Effective

Second Revised Sheet No. 152 Second Revised Sheet No. 152 : Effective

Superseding: First Revised Sheet No. 152

GENERAL TERMS AND CONDITIONS

----------------------------

 

(e) Gas nominations for transportation pursuant to

released capacity are subject to the provisions of Section 9 of

these General Terms and Conditions. Gas nominations by a Shipper

utilizing released capacity awarded by Canyon shall constitute

Shipper's binding acceptance of the terms and conditions of the

capacity award by Canyon pursuant to this Section 16, including

Canyon's standard form of Agreement covering the Rate Schedule

applicable to the released capacity and the terms and conditions of

the Qualified Bid and the Capacity Release Request, in accordance

with Canyon's Tariff.

 

(f) Subject to the other provisions in this Section

16, in the event that there is no Qualified Bidder or Prearranged

Shipper for posted Eligible Firm Compression Agreement capacity

during an open season, no capacity release will be awarded and the

Releasing Shipper shall retain the capacity sought to be released.

 

16.10 BID EVALUATION PROCEDURE

 

(a) Unless specifically requested otherwise by a

Releasing Shipper in its Capacity Release Request, Qualified Bids

for released capacity shall be evaluated pursuant to Sections

16.10(b) through 16.10(g) below. Any Qualified Bid with a

contingency must have such contingency eliminated before 3:00 p.m.

Central Clock Time following the close of the open season, unless

the Releasing Shipper's offer has specified a later time;

otherwise, such Qualified Bid will be rejected.

 

(b) Canyon shall calculate a Bid Value and Unit Bid

Value for each Qualified Bid, and the Prearranged Release (if any),

as follows:

 

(1) For each month, the volume and rate stated in

the Qualified Bid shall be multiplied together to derive a gross

monthly revenue figure. If the Qualified Bids contain volumetric-

based charges permitted by the Capacity Release Request, then the

gross monthly revenue figure shall be equal to any minimum amount

to be designated by the bidder billed as a reservation charge even

if there is no (or insufficient) flow: