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. 64P Second Revised Sheet No. 64P

Superseding: First Revised Sheet No. 64P

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

9. CAPACITY RELEASE (Continued)

 

9.11 Awarding of Released Capacity (Continued)

(e) If bid evaluation criteria are provided by the Releasing

Shipper, Transporter shall, for each bid received, calculate

the total value of each bid received at the end of the open

season based on the nondiscriminatory criteria provided by the

Releasing Shipper. The results of this calculation shall

determine each bid's total value. The bids will then be ranked

by Transporter in order from the highest to the lowest total

value.

 

(f) For bids evaluated using any of the first three methods

(9.11(d)(i) through (iii), above), Transporter shall notify the

Releasing Shipper and successful bidder no later than 5:00 p.m.

CCT on the Business Day before Nominations are due (as

specified in Section 9.5, hereof) and the capacity shall be

awarded to the successful Bidding Shipper(s) (i.e., the

Replacement Shipper(s)).

 

(g) If bids from two or more Bidding Shippers result in bids of the

highest equal value, the first bid received of highest equal

value will be awarded the capacity. When Transporter makes

awards of capacity for which there have been multiple bids

meeting minimum conditions, Transporter shall award the bids,

best bid first, until all offered capacity is awarded (NAESB

Standard 5.3.4).

 

(h) With respect to a prearranged release, if no better offer (as

determined above) is received during an open season or the

prearranged offer is for the applicable maximum Reservation

Rate under the applicable rate schedule for a term of more than

one year and meets all the other terms of the release, then the

prearranged Shipper shall become the Replacement Shipper for

the released capacity. If a better offer is received during the

open season, the prearranged Shipper shall have the time

specified in Section 9.5 hereof to match that offer. If the

prearranged Shipper fails to match the better offer, then the

Bidding Shipper who presented the better offer, as determined

above, shall become the Replacement Shipper.

 

(i) A Releasing Shipper shall retain all of the capacity under the

executed Transportation Service Agreement or Replacement

Capacity Agreement that is not acquired by a Replacement

Shipper as the result of an open season or a prearranged

release.