White River Hub, LLC
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 11/01/2008, Docket: RP08-645-000, Status: Effective
Original Sheet No. 75 Original Sheet No. 75
GENERAL TERMS AND CONDITIONS
(e) Whether Shipper will accept contingent bids, the
contingencies acceptable to Shipper, the deadline by which all contingencies
must be met and whether White River should award capacity to the next highest
bidder if contingencies are not met.
(f) The beginning and ending dates of the release.
(g) Whether the release is temporary or permanent.
(h) The minimum acceptable release period.
(i) Whether the capacity may be released at a one-part
(j) If capacity is released at a one-part volumetric rate, (i)
the minimum volumetric rate, (ii) the terms and conditions applicable to the
release, (iii) whether two-part bids will be accepted and (iv) criteria by
which bids are to be evaluated.
(k) The minimum rate at which the Shipper will release the
capacity. If the Releasing Shipper does not specify a minimum rate, a Bidding
Shipper may bid any rate up to the maximum rate on White River's Statement of
Rates, except for short-term capacity releases for a term of one year or less
that are not subject to the maximum rate.
(l) The criteria by which White River should evaluate the bids.
A Releasing Shipper may select highest rate (the measure of dollars per unit),
net revenue (the measure of the sum of all payments), the present-value
formula in § 6.12 or state its own criteria.
(m) The method by which capacity will be awarded if tied bids
are received. If no method for awarding capacity to tied bidders is
specified, the capacity will be awarded pro rata based on each Shippers