Questar Southern Trails Pipeline Company

Original Volume No. 1

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Effective Date: 01/26/2009, Docket: RP09-186-000, Status: Effective

Second Revised Sheet No. 53 Second Revised Sheet No. 53

Superseding: First Revised Sheet No. 53

 

GENERAL TERMS AND CONDITIONS

 

(d) Whether capacity will be released on a firm or recallable

basis. If on a recallable basis, the terms under which the capacity may be

recalled.

 

(e) Whether Shipper will accept contingent bids, the

contingencies acceptable to Shipper, the deadline by which all contingencies

must be met and whether Southern Trails should award capacity to the next

highest bidder if contingencies are not met.

 

(f) The beginning and ending dates of the release.

 

(g) Whether the release is temporary or permanent.

 

(h) The minimum acceptable release period.

 

(i) Whether the capacity may be released at a one-part

volumetric rate.

 

(j) If capacity is released at a one-part volumetric rate, (i)

the volumetric rate, (ii) the terms and conditions applicable to the release,

(iii) whether two-part bids will be accepted and (iv) the criteria by which

bids are to be evaluated.

 

(k) The minimum rate at which the Shipper will release the

capacity. If the releasing Shipper does not specify a minimum rate, a bidding

Shipper may bid any rate up to the maximum rate on Southern Trails' Statement

of Rates, except for short-term capacity releases for a term of one year or

less that are not subject to the maximum rate.

 

(l) The criteria by which Southern Trails should evaluate the

bids. A releasing Shipper may select the highest rate (the measure of

dollars per unit), the net revenue (the measure of the sum of all payments),

the present-value formula in § 7.11 or state its own criteria.

 

(m) The method by which capacity will be awarded if tied bids

are received. If no method for awarding capacity to tied bidders is

specified, the capacity will be awarded pro rata based on each Shipper's

requested RDC.

 

(n) Any other conditions applicable to acceptance by the

releasing Shipper.

 

(o) The legal name of the Replacement Shipper if the release is

a pre-arranged release.