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
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withdrawn in writing, interactively via the electronic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).