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)