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.