Questar Pipeline Company
First Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 03/23/2001, Docket: RP01-233-001, Status: Effective
Substitute Sixth Revised Sheet No. 52 Substitute Sixth Revised Sheet No. 52 : Superseded
Superseding: Substitute Fifth Revised Sheet No. 52
PART 1
GENERAL TERMS AND CONDITIONS
(Continued)
5.3 Qualifications for Bidding. Any party wishing to
become a bidding shipper must prequalify by satisfying the
creditworthiness provisions and Questline access and
signatory requirements of this tariff prior to submitting a
bid for capacity.
5.4 Bidding for Firm Capacity. A shipper desiring to
obtain firm capacity from Questar must submit a bid for the
service via Questline according to the procedures outlined
in this section.
5.5 Bid Period. Questar's bid period for firm
capacity will begin on the day available capacity is posted
on Questline and will be administered as described below
(Central Clock Times).
(a) The initial bid period will be held from
9:00 a.m. on the day available capacity is posted on
Questline until 1:00 p.m. on the eighth business day prior
to the end of the month. Shippers desiring to submit a bid
for service must do so prior to 1:00 p.m. on the eighth
business day prior to the end of the month. The rate, term
and present value of each bid received during the initial
bid period will be shown on Questline as received. However,
the identity of the bidding shipper shall be kept
confidential.
(b) If no competing bids are received for the
same available capacity on Questar's system, the board will
close at 1:00 p.m. If competing bids are received, Questar
will post notification of the competing bids on Questline on
or before 2:00 p.m. Shippers who submitted competing bids
will have an opportunity, beginning at 2:00 p.m., to post an
updated bid that equals or exceeds the highest competing
bid, as calculated according to 5.8. If no bids are
received within the first hour, bidding will close at 3:00
p.m. Otherwise, bidding will continue until there has been
no bidding activity for 30 minutes or until 4:00 p.m.,
whichever occurs first.