Natural Gas Pipeline Company Of America

Seventh Revised Volume No. 1

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Effective Date: 04/18/2008, Docket: RP08-319-000, Status: Effective

Original Sheet No. 429 Original Sheet No. 429 : Pending

 

 

GENERAL TERMS AND CONDITIONS

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19.9 AWARDING OF RELEASED CAPACITY; EFFECTIVE DATE; GAS

NOMINATIONS

 

(a) For a Prearranged Release for which no open season

is required under Section 19.6 and which is received at least one

(1) hour prior to a nomination deadline on a Day, Natural shall

tender the contract to the Prearranged Shipper within one (1) hour

after release notification, provided that all applicable provisions

of this Section 19 have been complied with.

 

(b) As to any other Prearranged Release, in the event

there was no winning Qualified Bid(s) with a higher total Bid Value

than the Prearranged Shipper's Bid Value, Natural shall notify the

Prearranged Shipper. If, during an open season, the winning

Qualified Bid(s) have a higher total Bid Value than the Bid Value

of the Prearranged Release under the bid evaluation procedure

selected by the Releasing Shipper, Natural shall notify the

Prearranged Shipper of the terms and conditions of the winning

Qualified Bid(s), except for any identification of the Qualified

Bidder(s). The Prearranged Shipper may elect to match any or all of

such winning Qualified Bid(s), but may not elect to match only a

portion of a winning Qualified Bid. Such election shall consist of

the Prearranged Shipper submitting notice to Natural of its

unconditional agreement to the terms and conditions of one or more

of such winning Qualified Bid(s) in writing or electronic means. In

the event of a timely match, then the Prearranged Shipper shall be

awarded the released capacity. To the extent that the Prearranged

Shipper fails to timely match (within the required time frame) the

winning Qualified Bid(s) with a higher Bid Value, then the

Qualified Bidder(s) who made the winning Qualified Bid shall be

awarded the capacity. The timelines for the above actions shall be

as provided in Section 19.1.

 

(c) For any other Capacity Release Request, the

capacity rights shall be automatically awarded to the winning

Qualified Bidder(s) when Natural has identified the entity(s) to

receive the released capacity under this Section 19.

 

(d) A capacity release shall become effective upon the

awarding of capacity consistent with this Section 19. Nominations

for gas service utilizing the released capacity shall be accepted

at the next available nomination opportunity which occurs on or

after the time the release becomes effective hereunder, consistent

with 18 C.F.R. Section 284.12(c)(1)(ii); provided that nominations