Total Peaking Services, L. L. C.
Original Volume No. 1
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Effective Date: 08/15/2000, Docket: RP00-496-001, Status: Effective
1st Revised Sheet No. 83 1st Revised Sheet No. 83 : Effective
Superseding: Original Sheet No. 83
GENERAL TERMS AND CONDITIONS
(Continued)
23. CAPACITY RELEASE
Any Customer under Rate Schedule LSV or LNG may seek to release for
assignment to others any or all of its firm service entitlements,
subject to the following terms and conditions:
23.1 Notice of Offer. A Customer offering to release firm service
entitlements shall furnish written notice to Total Peaking, or
via the IWS as specified by Total Peaking, of the terms of its
offer. The Customer may propose a prearranged designated
Replacement Customer to which the capacity would be released.
Offers shall be binding until written or electronic notice of
withdrawal is received by Total Peaking prior to the close of the
applicable bid period; provided, however, such withdrawal shall
only be valid if such Customer has an unanticipated requirement
for such capacity and no minimum bid has been made. The notice
must contain the reason for withdrawal which Total Peaking shall
post on its IWS. The offer shall contain the following minimum
information:
(a) Customer's legal name and the name/title of
individual who has authorized the offer to release.
(b) Total Peaking's service agreement number.
(c) A description of the capacity to be released and
assigned. The notice must state the portion of the
Maximum Contract Storage Capacity, the Maximum Daily
Liquefaction Volume, and the Maximum Daily
Withdrawal Volume and the associated Point(s) of
Receipt and Point(s) of Delivery, subject to the
proposed release and assignment. Release Quantity
shall be expressed as a numeric quantity only.
(d) The proposed effective date and term of the release
and assignment.
(e) The identity of any pre-arranged designated
Replacement Customer and the full terms of such pre-
arranged release.
(f) The method to be applied in evaluating bids,
allocating capacity and breaking ties, as described
below.