Williston Basin Interstate Pipeline Co.
Second Revised Volume No. 1
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Effective Date: 12/17/2007, Docket: RP08- 68-000, Status: Effective
Sub Seventh Revised Sheet No. 232B Sub Seventh Revised Sheet No. 232B : Effective
Superseding: Substitute Sixth Revised Sheet No. 232B
GENERAL TERMS AND CONDITIONS (Continued)
10. ALLOCATION OF UNCOMMITTED CAPACITY (Continued)
years. Uncommitted firm capacity will be awarded to successful
potential Shippers based upon the highest net present value per unit of
demand to the lowest net present value per unit of demand. A potential
Shipper paying a negotiated rate will be awarded uncommitted firm
capacity in accordance with Subsection 51.3 of these General Terms and
Conditions. If a bidding Shipper(s) has been determined to be the
successful potential Shipper, the requesting Shipper shall have until
the earlier of twenty-four (24) hours from notification or 9:30 a.m.
(Central Clock Time) on the first business day prior to the requested
commencement date to match or exceed the net present value per unit of
demand of the higher bid. If the requesting Shipper does not elect to
match or exceed the higher bid and should sufficient capacity not exist
to satisfy identical successful requests and/or bids under the
appropriate economic standard, the capacity will be awarded to the
successful potential Shipper(s) based upon the order the requests and
bids were posted, beginning with the first posted request or bid until
all available capacity is awarded. If identical successful bids are
posted simultaneously, Transporter will pro rate such available
uncommitted firm capacity between such successful potential Shippers.
Nothing herein shall require Transporter to accept a request or bid
which provides a discounted rate for acquiring such service. In
addition, all awards of firm capacity must be for continuous service at
a constant quantity for the entire term of the Service Agreement.
Transporter will award capacity for non-continuous service at a constant
quantity for the entire term of the Service Agreement if the capacity is
not available for a portion of the requested term of the Service
Agreement. Transporter will post notification of all successful
request(s) and/or bid(s), along with the successful Shipper's name,
after a Service Agreement has been executed by the Shipper and
Transporter.
10.4.1 Capacity Allocation: Request(s) and/or bid(s) for
receipt and/or delivery point capacity in excess of the maximum
capacity available at such receipt and/or delivery point(s), shall
be reduced by Transporter to the maximum capacity available at
such receipt and/or delivery point(s). Request(s) and/or bid(s)
for mainline capacity in excess of the mainline capacity
determined by Transporter in accordance with the provisions of
Subsection 10.1 of these General Terms and Conditions shall be
reduced by Transporter to the maximum mainline capacity available.
10.4.2 Multiple Requests: If Transporter posts multiple
requests for capacity with overlapping terms and bid periods, such
requests