White River Hub, LLC
Original Volume No. 1
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Effective Date: 11/01/2008, Docket: RP08-645-000, Status: Effective
Original Sheet No. 148 Original Sheet No. 148
GENERAL TERMS AND CONDITIONS
27.5 Bidding for Firm Capacity. White River and Shipper may negotiate,
and post for competitive bidding, a rate that exceeds the applicable maximum
reservation rate. If competing bids under § 5 of the General Terms and
Conditions reflect different rate forms, i.e., negotiated rates vs. recourse
rates, White River shall award the capacity, or portion, using the evaluation
criteria of § 5 of these General Terms and Conditions; the negotiated
reservation charge reflected in such evaluation criteria may not exceed the
maximum applicable recourse rate. White River will calculate this value based
only on the reservation charge or similar guaranteed revenue stream.
27.6 Agreements Subject to the Right of First Refusal. For purposes of
§ 7 of these General Terms and Conditions, the highest rate that a Shipper
must match in order to continue to receive service is the maximum rate set
forth on the Statement of Rates that is applicable to such service. For
purposes of evaluating bids under § 7, the value of the bid will be based only
on the reservation charge or similar guaranteed revenue stream.
27.7 Capacity Release. White River and Shipper may, in connection with
their agreement to a negotiated rate under a firm transportation rate
schedule, agree upon payment obligations and crediting mechanisms in the event
that capacity release provisions vary from or are in addition to those set
forth in § 6 of these General Terms and Conditions. This provision, in and of
itself, does not allow White River and Shipper to negotiate the terms and
conditions of service.
27.8 Capacity Scheduling. For purposes of allocating capacity under §
11 of these General Terms and Conditions, a Shipper paying a negotiated rate
that exceeds the maximum rate for that service will be considered to have paid
the maximum rate for such service.
27.9 Accounting for Costs and Revenues. Allocation of costs to, and
recording of revenues from, service at negotiated rates or rate formulas will
follow White River's normal practices associated with transportation services
provided under this tariff. If White River institutes any revenue tracker or
other device to flow through to its Shippers the impact of interruptible or
other transportation transactions, the treatment of such tracker of revenues
from nonconforming negotiated rates or rate formulas shall be specified in the
applicable tariff provision.