Transcolorado Gas Transmission Company LLC

Second Revised Volume No. 1

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Effective Date: 02/26/2009, Docket: RP09-264-000, Status: Effective

First Revised Sheet No. 239 First Revised Sheet No. 239

Superseding: Original Sheet No. 239

 

GENERAL TERMS AND CONDITIONS

 

6. CAPACITY RELEASE BY FIRM SHIPPERS (Continued)

 

6.11 Confirmations; Released Firm Transportation Agreement. At the

time the award of capacity under this Section 6 is posted, TransColorado shall

send the winning Qualified Bidder or the Prearranged Shipper confirmation of

the capacity release awarded to such Qualified Bidder or Prearranged Shipper.

Prior to TransColorado awarding capacity on a Prearranged Release, the

Prearranged Shipper shall confirm electronically the terms of the Prearranged

Release.

 

6.12 Completed Transactions. By 5:00 p.m. CCT after capacity has been

awarded, TransColorado shall post on its Interactive Website the name(s) of

the winning Qualified Bidder(s), identification of the winning Qualified

Bid(s) and any minimum bid conditions held confidential during the open

season. The Releasing Shipper is responsible for reviewing the Qualified Bids

to ensure that the released capacity was correctly awarded. The Releasing

Shipper shall notify TransColorado of any error in the award of capacity

within one business day after such posting on the Interactive Website. In the

event of an error, the capacity shall be reawarded by TransColorado. As

between TransColorado and the Releasing Shipper, the Releasing Shipper shall

indemnify and hold TransColorado harmless as to any costs, damages or expenses

relating to the bid evaluation procedure for which timely notice of an error

was not provided to TransColorado by the Releasing Shipper hereunder.

TransColorado shall correct an error in a timely fashion after receiving

notice of such error from the Releasing Shipper or another person.

 

6.13 Billing

 

(a) TransColorado shall bill the Replacement Shippers and the

Subreplacement Shippers the rate(s) specified in the Released Firm

Transportation Agreements and any other applicable charges and each such

Replacement Shipper and Subreplacement Shipper shall pay the billed amounts

directly to TransColorado. TransColorado shall not be responsible for billing

the Replacement Shipper for any amounts attributable to gas purchase volumes

tied to a transportation capacity release. Such charges shall be between the

Releasing Shipper and Replacement Shipper. TransColorado will support

volumetric releases with volumetric commitments by fully accounting for

volumetric and reservation components, consistent with the rules and

regulations enunciated by the Federal Energy Regulatory Commission.