Midwest Gas Storage, Inc.

First Revised Volume No. 1

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Effective Date: 05/15/1994, Docket: CP90-454-004, Status: Effective

Original Sheet No. 108 Original Sheet No. 108 : Effective

 

 

season will commence fifteen (15) business

days to allow the Prearranged Replacement

Shipper one (1) business day to match bids.

 

(iii) For releases more than one year, an open-

season of twenty (20) business days,

commencing at least twenty-three (23)

business days prior to the effective date

of the release. If a Prearranged

Replacement Shipper is involved, the open-

season will commence twenty-five (25)

business days to allow the Prearranged

Replacement Shipper one (1) business day to

match bids.

 

(iv) Transporter may extend the open-season

periods for those releases where the

Releasing Shipper has requested a method of

evaluating bids not specified in this

Tariff, or where the terms and conditions

are too complex to handle through

Transporter's automated posting and bidding

procedures. Such extended period of time

shall end at least two (2) business days

prior to the effective date of the release.

 

(d) Evaluation and Selection of Bids:

 

(i) Bids will be evaluated by the criteria

provided by the Releasing Shipper. If no

criteria are provided by the Releasing

Shipper, bids will be evaluated according

to the net present value of the bid price

and term, based on a discount rate

equivalent to a fifteen percent (15%) pre-

tax rate of return for Midwest, as may be

amended and posted on Midwest's EBB from

time to time.

 

(ii) Within 1 business day after the expiration

of the open-season, the Midwest will select