Kinder Morgan Interstate Gas Transmission LLC
Fourth Revised Volume No. 1-B
Contents / Previous / Next / Main Tariff Index
Effective Date: 06/17/2001, Docket: RP01-422-000, Status: Effective
Second Revised Sheet No. 35 Second Revised Sheet No. 35 : Effective
Superseding: Original Sheet No. 35
GENERAL TERMS AND CONDITIONS FOR SERVICES - continued
to the subject capacity at the end of the contract term will
18.2 BIDDING PROCESS
Upon Transporter's receipt of the Shipper's Right of First Refusal
notice described in Section 18.1 above, Transporter will post the
Shipper name, effective date, and primary receipt and delivery points
and their associated capacity on the Informational Postings portion of
its Interactive Web Site in order to solicit bids for the capacity.
A Bidder desiring to obtain the posted capacity must submit a bid
via Facsimile 303-763-3515 to Transporter in accordance with Section
18.3 below, within thirty (30) calendar days of the posting to
participate in the Right of First Refusal process.
If the tendered bids are less than maximum rate, Transporter will
utilize an iterative bidding process. The highest bid will be posted on
the Informational Postings portion of Transporters Interactive Web Site
and each iteration's best offer will be posted on the Interactive Web
Site for informational purposes, along with the name of the highest
bidder. In subsequent iteration(s), bidders will have ten (10) days to
respond to Transporter after a posting; thereafter, after each bidding
period, Transporter will have up to five (5) days to perform an
analysis to determine the best offer as described in Section 18.4 below.
The bidding process must be completed forty-five(45) days before the end
of the existing contract term.
If any bid submitted by a bidder is subsequently withdrawn, any
new bids submitted by such bidder for the same path(s) must be at a
higher rate. Transporter will have the right to reject, on a non-
discriminatory basis, any bid not at the maximum rate.
18.3 CONTENTS OF BID
Service Agreements shall include the corresponding Shipper's bid
and must contain the price, term, amount of capacity desired and primary
receipt and delivery points.