Kinder Morgan Interstate Gas Transmission LLC

Second Revised Volume No. 1-D

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Effective Date: 12/28/1999, Docket: GT00- 19-000, Status: Effective

Original Sheet No. 43C Original Sheet No. 43C : Effective

 

 

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

 

 

(5) The Qualified Bid(s) allocated capacity under

Sections 23.10(c) or 23.10(d) shall be winning Qualified Bid(s) to

the extent of such capacity allocations.

 

(6) Here are examples of the application of Section

23.10(d):

 

 

 

 

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EXAMPLE (1) Assume:

 

Capacity Release Request = 100,000/day for 5 years

 

Qualified Bids:

 

Maximum Bid Unit Bid Minimum

Volume Term Value Bid Volume

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

 

Bid (a) 20,000/day 5 years $.18 0

Bid (b) 10,000/day 5 years $.17 0

Bid (c) 85,000/day 5 years $.15 0

 

 

Winning Qualified Bids: There is only one combination of bids with

the highest possible total Bid Value (Winning Bid Value). Therefore,

Bid (a) receives its Maximum Bid Volume (20,000); Bid (b) receives

its Maximum Bid Volume (10,000); Bid (c) receives 70,000.

 

 

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