Hardy Storage Company, LLC

Original Volume No. 1

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Effective Date: 04/01/2007, Docket: CP05-150-003, Status: Effective

Original Sheet No. 28 Original Sheet No. 28 : Effective

 

 

IHSS RATE SCHEDULE

INTERRUPTIBLE HARDY STORAGE SERVICE (Cont'd)

 

 

3. BIDDING PROCEDURE

 

(a) If Seller, in its reasonable discretion, determines that storage

capacity is available under this Rate Schedule, Seller shall post a notice

to that effect on its EBB on or before the tenth day of the Month preceding

the Month during which such storage capacity will be available.

 

(b) Seller's notice shall include:

 

(1) the quantity of interruptible storage capacity available;

 

(2) the Minimum Bid Rate Seller is willing to accept and the

Maximum Bid Rate that may be bid (which shall not be lower

or higher than the Minimum and Maximum IHSS Commodity

Charge Rates set forth at Sheet No. 10 of the Tariff) in

cents per Dth (¢/Dth); and

 

(3) any applicable restrictions on injections or withdrawals of

that capacity.

 

(c) Prospective Customers shall submit their bids to Seller

electronically through the EBB. Multiple bids may be submitted throughout

the bidding period. Final bids must be received by Seller at or before 4:00

p.m. Eastern Time on the fifth business day following posting of Seller's

EBB notice. Seller shall post all bids and quantities on the EBB as they

are received during the bidding period. Bids may be withdrawn at any time

prior to the end of the bidding period. Seller shall reject any bids (i)

submitted subsequent to the deadline, (ii) for an amount per Dth lower than

the Minimum Bid Rate, (iii) for an amount per Dth higher than the Maximum

Bid Rate or (iv) that are not in conformance with paragraph (d) below. All

bids submitted shall be binding. Seller reserves the right to reject any

bid pursuant to this paragraph (c). Seller shall notify bidders of rejected

bids electronically through Seller's EBB.