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. 64M Second Revised Sheet No. 64M

Superseding: First Revised Sheet No. 64M

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

9. CAPACITY RELEASE (Continued)

 

9.10 (a) Bids for Released Capacity Subject to Open Season (Continued)

(ix) whether or not the Bidding Shipper will meet all other

terms of release (if there are any); and

(x) the time and date the bid was submitted to Transporter

for posting on Transporter's electronic bulletin board.

 

(b) All valid and complete bid(s) received by Transporter during

the open season as detailed in Section 9.5 hereof shall be

posted on Transporter's electronic bulletin board. The

identity of the Bidding Shipper(s) will not be posted, but

all other terms of the bid(s) will be posted on Transporter's

electronic bulletin board or will be available via EDI

utilizing the NAESB Standard data sets.

 

(c) Except as stated in this Section 9.10(c), a Bidding Shipper

may not bid a Reservation Rate less than the minimum

Reservation Rate nor more than the maximum Reservation Rate

applicable to the appropriate rate schedule, nor may the

capacity or the term of the release of such bid exceed the

maximum quantity or term specified by the Releasing Shipper.

No maximum rate limitation applies to a release of capacity

for a period of one year or less if the release is to take

effect on or before one year from the date on which

Transporter is notified of the release.

 

(d) A Bidding Shipper may withdraw its bid any time prior to the

expiration of the open season but may not resubmit a bid for

the same release at an equal or lower rate. Bids may be

withdrawn in writing, interactively via the electronic

bulletin board or via an electronic data interchange (EDI)

upload utilizing the NAESB Standard data set.

 

(e) A Bidding Shipper may only have one bid pending for a

capacity release transaction at any one time.

 

(f) All bids pending at the expiration of the open season shall

be binding upon the Bidding Shipper(s). Further, the Bidding

Shipper(s) agrees that its bid will constitute a binding

agreement if the Bidding Shipper is awarded the released

capacity pursuant to this Section 9.

 

(g) Bids shall be binding until written or electronic notice of

withdrawal is received by Transporter (GISB Standard 5.3.13).