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. 113 Original Sheet No. 113 : Effective

 

GENERAL TERMS AND CONDITIONS ( Cont’d)

 

 

14.3 Bidding.

 

(a) Potential Replacement Customers shall submit bids for released

capacity which comport with the methodology of the release notice stated in

ten-thousandths of one dollar ($0.0000) per Dth one day per month for

reservation charges, or in hundredths of one cent (0.00¢) per Dth for one-

part volumetric rate bids or a percent of maximum, accompanied by a valid

Bid for Capacity Release Form in the form included in this Tariff. Bids

submitted for a permanent release shall be submitted on a valid Request for

Service as set forth in Section 3 (Requests for Service) of the General

Terms and Conditions. Such bids (i) shall be submitted electronically by

potential Replacement Customers to Seller's EBB in the format established

by Seller for such bids on the EBB, (ii) shall be displayed on the EBB when

complete without revealing the identity of the bidder during the bidding

period, and (iii) in accordance with Seller's specifications, shall

specifically reference the capacity for which the bid is being submitted.

 

(b) A potential Replacement Customer responding to the posting of a

Release Notice shall be permitted to bid a quantity and a term of service

different from those specified in the posted Release Notice; provided,

however, that a Bidder shall not be permitted to bid a quantity or a term of

service less than any minimum quantity or term disclosed and posted by

Releasor in the Release Notice. Bidders must accept all other conditions set

forth in the Release Notice.

 

(c) Bids shall be submitted by potential Replacement Customers

without bidders knowing the identities of other bidders. Bidders may submit

multiple bids, each higher than the previous bid, during the posting period

established pursuant to Section 14.2(e).