Quest Pipelines (Kpc)

Second Revised Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-258-000, Status: Effective

First Revised Sheet No. 167 First Revised Sheet No. 167

Superseding: Original Sheet No. 167

 

GENERAL TERMS AND CONDITIONS (Continued)

 

14.3 Posting

 

(a) Shipper will post the information provided in each Release

Notice on the IEC System. The posting will include the MDCQ

available for assignment, the Points of Receipt and Delivery

and the released quantity for each point, the term of the

assignment, whether the assignment is firm or recallable and

the recall conditions, including the right of a partial day

recall, if applicable, the minimum rate expressed in dollars

and cents or percent of maximum rate, if applicable, that

the Releasing Shipper will accept, and any other conditions.

 

(b) The posting will commence upon receipt of the Release

Notice. The Capacity Release Timeline is as follows:

 

(i) For short-term releases (less than 5 months):

 

-- Offers should be tendered by 1:00 p.m. on the

day before the nominations for short-term

releases (less than 5 months);

-- Open season ends no later than 2:00 p.m. on the

day before nominations are due (evaluation

period begins at 2:00 p.m. during which

contingency is eliminated, determination of best

bid is made, and ties are broken);

-- Evaluation period ends at 3:15 p.m.;

-- Match or award is communicated by 3:15 p.m.;

-- Match response by 4:00 p.m.;

-- Award posting by 5:00 p.m.;

-- Posting of pre-arranged deals not subject to bid

by 9:00 a.m. the day of nominations;

-- Contract tendered with contract number by 10:00

a.m.; contract executed; nomination possible for

next day gas flow (Central Clock Time).