Wyoming Interstate Company, Ltd.
Second Revised Volume No. 2
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Effective Date: 04/12/2010, Docket: RP10-491-000, Status: Effective
Second Revised Sheet No. 64J Second Revised Sheet No. 64J
Superseding: First Revised Sheet No. 64J
GENERAL TERMS AND CONDITIONS
(Continued)
9. CAPACITY RELEASE (Continued)
9.8 Capacity Release on a Prearranged Basis. The Releasing Shipper shall
deliver a notice of a prearranged release via Transporter's
electronic bulletin board or via an electronic data interchange
(EDI) upload of the prearranged deal utilizing the GISB Standard
data sets. Likewise, the prearranged Shipper must confirm its bid
electronically either interactively on the electronic bulletin board
or via an EDI upload of the confirmation utilizing the GISB Standard
data sets. The offer upload bidder confirmation and quick response
process should support the association of a replacement capacity
contract with another contract for balancing or related purposes.
The support for this process between parties should be on a mutually
agreeable basis. (GISB Standards 5.3.30) The electronic bulletin
board notice shall set forth the following information:
(a) all the items contained in Section 9.7 hereof required to
define a prearranged release;
(b) prearranged Shipper's legal name, address, and the name of
the individual responsible for authorizing the bid for the
prearranged release;
(c) the term of the proposed acquisition of capacity by
prearranged Shipper (minimum term of any release is one Day);
(d) the Reservation Rate, expressed as a daily rate (dollars and
cents) or percentage of the maximum Reservation Rate, as
specified by Releasing Shipper, the prearranged Shipper has
agreed to pay for the released capacity and any minimum
volumetric load factor, if applicable. In conformance with
GISB Standard 5.3.26, Releasing Shipper has choice to specify
dollars and cents or percents of maximum Tariff rate in the
denomination of bids and Transporter shall support this. Once
the choice is made by the Releasing Shipper, the bids should
comport with the choice. If capacity is released on a
volumetric Rate basis, it cannot be rereleased by the
Replacement Shipper.
For purposes of bidding and awarding, maximum/minimum rates
specified by the Releasing Shipper shall include the Tariff
Reservation Rate and all reservation surcharges, expressed as
a total number (NAESB Standard 5.3.27).