Questar Pipeline Company

First Revised Volume No. 1

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Effective Date: 02/25/2009, Docket: RP09-270-000, Status: Effective

Seventh Revised Sheet No. 62 Seventh Revised Sheet No. 62

Superseding: Sixth Revised Sheet No. 62

 

PART 1

GENERAL TERMS AND CONDITIONS

(Continued)

 

(c) The identity of any bidding shipper shall be kept

confidential. However, the amount of each bid received by Questar during the

bid period will be posted on Questline.

 

(d) A bidding shipper may not bid a reservation charge or

volumetric rate less than the minimum nor more than the maximum reservation or

volumetric rate specified on the Statement of Rates, nor may the quantity of

gas or the term of the bid exceed the maximum quantity of gas or term

specified by the releasing shipper. Short-term capacity releases for a term

of one year or less are not subject to the maximum rate limit.

 

(e) A bidding shipper submitting a contingent bid must notify

Questar and the releasing shipper, via Questline, when all contingencies have

been met.

 

(f) A bidding shipper may withdraw its bid prior to the end of

the bidding period. However, once a bid is withdrawn, the bidding shipper may

only submit a new bid for that released capacity at a higher rate.

 

(g) A bid may not be withdrawn after the close of the bid

period.

 

6.12 Awarding of Released Capacity. When the capacity-release service

provider (Questar) makes awards of capacity for which there have been multiple

bids meeting minimum conditions, the capacity-release facilitator (Questar)

will award the bids, best bid first, until all offered capacity is awarded.

 

(a) Temporarily released capacity shall be awarded to the

bidding shipper that makes the best offer based on the criteria specified by

the releasing shipper, or the present value formula defined below.