National Fuel Gas Supply Corporation
Third Revised Volume No. 1
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Effective Date: 12/01/1995, Docket: RP96- 29-001, Status: Effective
Substitute Original Sheet No. 237.13 Substitute Original Sheet No. 237.13 : Superseded
GENERAL TERMS AND CONDITIONS
26. PROCEDURES FOR ALLOCATING FIRM CAPACITY (cont'd)
(b) Rate bid.
In the event Transporter receives two or more bids of
equal value, then under method (a) the best bid shall
be the bid with the shortest term and under method
(b) the best bid shall be the bid with the longest
26.3 In processing requests for service received within the posting
period, Transporter shall allocate capacity among shippers
according to the present values (where method (a) is employed)
or rates (where method (b) is employed) of the bids received.
A ratable allocation, based on the quantities requested, shall
be made among shippers that submit bids that are equal with
respect to both value and term.
26.4 Transporter's posting shall also specify the number of days
within which shippers must execute and return service
agreements or precedent agreements once Transporter has
allocated available capacity in accordance with Section 26.3.
If a Shipper fails to execute and return the agreement tendered
by Transporter within such specified period, the capacity
allocated to that Shipper will be reallocated among the
remaining shippers requesting the posted capacity during the
posting period, in accordance with Section 26.3.
26.5 If some or all of the posted capacity remains available
following the posting period, Transporter may, in its
discretion, establish additional posting periods. Requests for
firm service that are received by Transporter outside of an
established posting period shall be processed on a first-come,
first-served basis in accordance with the applicable rate
schedule, subject to Section 26.6.
26.6 If Transporter receives a request for firm service (other than
a backhaul service) that requires capacity that exists on
Transporter's system, but has not been disclosed to shippers
pursuant to Section 9 of these General Terms and Conditions,
Transporter shall solicit service requests for such capacity,
and shall allocate such capacity in accordance with this
Section 26. In such case, the request for capacity that had
not been disclosed shall be considered to have been received in
response to the posting and during the posting period.