Wyoming Interstate Company, Ltd.

Second Revised Volume No. 2

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Effective Date: 04/12/2010, Docket: RP10-491-000, Status: Effective

Eighth Revised Sheet No. 64C Eighth Revised Sheet No. 64C

Superseding: Seventh Revised Sheet No. 64C

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

9. CAPACITY RELEASE (Continued)

 

9.5 (Continued)

 

(c) Pursuant to NAESB Standard 5.3.2, as modified by FERC Order

No. 712, the following Capacity Release timeline (NAESB

Timeline) is applicable to all parties involved in the

Capacity Release process; however, it is only applicable if

1) all information provided by the parties to the transaction

is valid and the acquiring Shipper has been determined to be

credit worthy before the capacity release bid is tendered and

2) there are no special terms or conditions of the release.

Furthermore, the release must comply with the Bid Evaluation

Methods described in Section 9.11(d)(i) through (iii), hereof

(Note 1):

 

For biddable releases (one (1) year or less):

 

(i) offers should be tendered by 12:00 p.m. on a Business

Day;

 

(ii) open season ends no later than 1:00 p.m. on a Business

Day (evaluation period begins at 1:00 p.m. during

which contingency is eliminated, determination of best

bid is made, and ties are broken);

 

(iii) evaluation period ends and award posting if no match

required at 2:00 p.m.;

 

(iv) match or award is communicated by 2:00 p.m.; match

response by 2:30 p.m.; where match required, award

posting by 3:00 p.m.;

 

(v) contract issued within one hour of award posting (with

a new contract number, when applicable); nomination

possible beginning at the next available nomination

cycle for the effective date of the contract. (Central

Clock Time)